Firearm Industry Woes Keep Black Gun Prices Way Down

By Tactical Life

Whether many outside of the firearms industry realize it or not, all is not well for many gun companies. Sales are down across many product categories. But nowhere did sales plummet quite like black guns, most specifically the AR-15.

RELATED STORY

25 Pieces of AR Gear from the ‘Black Guns’ 2018 Buyer’s Guide

On Tuesday, The Tactical Wire ran a story that illustrated just how bad the downturn has become for some companies, as SportCo Holdings filed for Chapter 11 bankruptcy. Now Sportco owns Ellett Brothers and United Sporting Companies; these are big distributors that buy and sell and ship much of the product that ends up at our local gun stores.

Firearm Industry Woes Continue

The story tells a familiar story we’ve heard many times since the Trump election, where many gun companies got caught out in No Man’s Land. “The company cited management’s impression that Hilary Clinton would win the White House in 2016 and it’s subsequent speculation into guns and ammunition into guns and ammunition based on that mistaken presumption as one major factor in their failure. Rather than booming sales and healthy margins, they were caught with inventory no one wanted,” wrote Jim Shepherd.

So why is …Read the Rest

Source:: Tactical Life