Buzznrose
Member
Not really “news” but some good insight from Vista Outdoors:
Vista Outdoors reports ammunition backlog of over $1B
https://www.foxbusiness.com/lifestyle/vista-outdoors-ammunition-backlog-billion
CEO Chris Metz:
“"We currently have over a year's worth of orders for ammunition in excess of $1 billion," Metz said during the Nov. 5 call. “With demand far outstripping supply and inventory levels in the channel at all-time lows, we see strong demand continuing, and this metric informs our viewpoint of what a recovery or normalization could look like."
Some other interesting info including 2020 gun sales (estimated 18.6 million) and the Vista purchase of Remington ammo factories.
Vista Outdoors reports ammunition backlog of over $1B
https://www.foxbusiness.com/lifestyle/vista-outdoors-ammunition-backlog-billion
CEO Chris Metz:
“"We currently have over a year's worth of orders for ammunition in excess of $1 billion," Metz said during the Nov. 5 call. “With demand far outstripping supply and inventory levels in the channel at all-time lows, we see strong demand continuing, and this metric informs our viewpoint of what a recovery or normalization could look like."
Some other interesting info including 2020 gun sales (estimated 18.6 million) and the Vista purchase of Remington ammo factories.