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Smith & Wesson Income and Sales Above Expectations

Smith Wesson Logo

Smith & Wesson, one of just a few publicly traded gun companies, released a statement announcing preliminary sales and profit data for the second quarter of fiscal year 2013. The numbers were a significant improvement compared to the same time one year ago and beat previous expectations for this quarter.

According to S&W, net sales were up $44 million, or about 48%, compared to the second quarter of fiscal year 2012. Net income is expected to be between $0.23 and $0.24 per diluted share, which is above the company’s prior guidance of $0.19 to $0.21, and well above last year’s $0.01 per share.

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Heizer Defense vs DoubleTap Defense

Heizer Defense logo

It looks like there is a storm brewing in one corner of the firearms industry. Let me explain…

I was sitting outside the main hall at the 2012 NASGW Expo working on an article when I was approached by a man asking if I was in the media. When I said “yes,” the man introduced himself as Jim Bruchas, the director of sales for Heizer Defense. The next few minutes reminded me that even in such a friendly industry as the gun business, feelings can get hurt and egos bruised.

For those not already familiar, Heizer Defense was, until recently, associated with DoubleTap Firearms, the developers of the DoubleTap two-shot pistol. DoubleTap Firearms issued a press release in October announcing a parting of ways between the two companies, stating that Heizer’s inability to manufacture the DoubleTap pistol prompted the split. After the split, DoubleTap Firearms changed names to DoubleTap Defense and partnered with Azimuth Technology to make the DoubleTap pistol.

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Skyfall, 007 and the 9mm Short

James Bond

My wife and I were able to get out of the house for a little while last night and see the latest James Bond movie, Skyfall. We both really enjoyed the movie, and if you like action movies you’ll enjoy this. There are some great throwback references as the movie goes along, and the show ends with me wanting more.

BUT…

Why is Bond still carrying a .380 ACP pistol?

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Crimson Trace Defender Series Lasers

Crimson Trace Accu-Guard XD(m)

Thanks to the good folks at Crimson Trace, I had a first look at the new Defender Series lasers they announced this week. The Defender Series is a collection of red lasers aimed at the budget market.  The lasers run from $129 – 149 MSRP. This is significantly less expensive than some of the other offerings from Crimson Trace.

According to Jeff Goddard, Director of Sales for Crimson Trace, the company is able to make the lasers less expensive by reducing the options on the units, not by using cheaper parts. This means the customer should get the same high quality they have come to expect from all of the lasers in the Crimson Trace line.

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Gun Industry News

Burris Eliminator scopes

Here are a few of the new bits of gear and other gun information to hit my mailbox in the past few days…

Burris Eliminator II and III LaserScopes

Burris is now shipping the Eliminator II and Eliminator III LaserScopes to dealers. The scopes are an extension of the original Eliminator LaserScope that use an automated trajectory compensation system to help improve shooter accuracy.

The Eliminator started shipping last month. It is a 3.5-10×40 with a 0.3 MOA dot. MSRP is $799. The Eliminator II and III are 4-12×42 and 4-16×50 scopes respectively. MSRP is $999 for the II and $1,499 for the III.

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