September 11th, 2007

Smith & Wesson Profits Soar

Times are good for Smith & Wesson, the well-known pistol-maker which also recently starting retailing AR15 type rifles, shotguns, and hunting rifles. Smith & Wesson Holding Corp. (NASDAQ:SWHC) recently reported first-quarter profit increased 39 percent compared to the same period last year. The company credited strong firearms sales as well as its acquisition of Thompson/Center Arms. Firearm sales were up 55.2 percent in the quarter. Handgun sales at retail locations rose 41 percent.

We are pleased to record the success of Smith & Wesson as it expands its product line to include long guns. The addition of another major rifle manufacturer is a good thing for the shooting sports. George Gardner of GA Precision has built some tactical rifles using the new T/C Icon action. And Carl Bernosky (photo below) won the NRA High Power Nationals at Camp Perry using a AR15 platform with a Smith & Wesson M&P15 lower and John Holliger match upper. This was the first time a semi-auto AR15 won “all the marbles” at Camp Perry in the High Power division. (AR15s of course are the mainstay of Service Rifle matches.)

Carl Bernosky Smith Wesson

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September 11th, 2007

New Publication for Young Shooters

Junior Shooters MagazineThe editors of SHOOT! Magazine, have created a new print publication, Junior Shooters, promoting youth participation in hunting and all shooting sports disciplines. The debut issue of Junior Shooters highlights NSSF’s Scholastic Clay Target Program (SCTP) and features articles about smallbore and air rifle, Olympic shooting, and Western Action shooting. This issue includes an in-depth feature on Olympic Champion Kim Rhode who won a Gold Medal in shotgun at age 17. Click Here to download a preview of Junior Shooter’s first issue. SHOOT! Magazine donated 10,000 copies of the issue to NSSF that were distributed at SCTP’s national championships this year. SHOOT! Magazine covers Cowboy Action Shooting (CAS), Cowboy Mounted Shooting, Black Powder Cartridge Silhouette, Cowboy Fast Draw, and all forms of Western-action shooting.

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