$1 Billion Ammo Backlog

Status
Not open for further replies.
Profit incentive for Vista Outdoors to report that.

Whether or not it is quite accurate....it Certainly creates continued anxiety.

When did anxiety —stop— being profitable to businesses?
 
As soon lefties find the backlog will ad an extra tax, not so much to spook us but enough to increase coverage of their spends on rubbish and then restrict more.
Making their side happy for a while.
 
Among other things one can say about the current demand for ammo and guns, it certainly reflects the interest level. I'm 74 and in my life I have never seen such an acceleration of interest in gun ownership along with shrinking interest in gun control. That backlog number shared here is stunning. I'm betting this trend will continue for months if not years to come.
 
  • Like
Reactions: HB
3Crows said:
This is what I do not understand, how Remington could go TU with their ammo line well respected and millions of dollars potential in orders and back orders.
Click to expand...

Remington had a LOT of factors going against it. Not the least of which was a raft of lawsuits. I also understand their factories were very old and not in very good shape, they had labor issues, and I suspect they weren't a very well run business to begin with. It's a shame. I liked a lot of their products and who knows where it will all shake out at the end of the day.
 
I would like to know if production numbers for ammo has decreased significantly. That would tell me if it’s purely a demand problem or not.
 
John_R said:
Healthy is having a year's supply of ammo in your stash. Unhealthy is not knowing you needed a year's supply of ammo in your stash. By the time you know you needed ammo, you can't get any.
Click to expand...

My wife and many friends thought I was nuts for buying as much ammo as I could store during the 2002-2006 good old days when I could get 1000 rounds of Wolf 45ACP for $120, 1000 9mm for $90, 1000 7.62x39 $100, SA 7.62x51 surplus 1200 for $220, etc. Retirement was on the horizon and I knew these were historically low prices in terms of "real dollars". Got all I could afford every month and set most of it aside for my retirement. Best performer in my retirement portfolio, by far. I'm very happy shooting 2 MOA ammo at 4 MOA steel targets and having enough ammo to occasionally take friends shooting with me without them needing to scrounge for ammo beforehand.

I retired in 2014 and haven't bought ammo other than .22lr since. Never saw possible shortages of .22lr coming. Having 50K on hand at the Sandy Hook panic was just dumb luck as my wife and I were shooting 2-3000 rounds a month then, so it didn't seem excessive or forward looking, took delivery of 25K of Federal bulk pack the week before it hit the fan, found a good price and figured get enough for another year. I basically quit shooting .22lr during those lean times so my wife could still enjoy shooting.
 
3Crows said:
This is what I do not understand, how Remington could go TU with their ammo line well respected and millions of dollars potential in orders and back orders.
Click to expand...

Crushing debt. Let's say you inherit a business. It generates great operating income and profit -- more than enough to pay all operating expenses, with some left over. However it cannot service a huge loan that was taken out years before during lean times.
 
czhen said:
As soon lefties find the backlog will add an extra tax, not so much to spook us but enough to increase coverage of their spends on rubbish and then restrict more.
Making their side happy for a while.
Click to expand...
hmm...4 out of 5 are 'red'....
The five states with the highest average combined state and local sales tax rates are Tennessee (9.53 percent), Louisiana (9.52 percent), Arkansas (9.47 percent), Washington (9.21 percent), and Alabama (9.22 percent)
Click to expand...
 
Sniper66 said:
I have never seen such an acceleration of interest in gun ownership along with shrinking interest in gun control.
Click to expand...

Mass media, in character, attempts to minimize the former and tends to contradict the latter. I live in Vermont, a state which not too long ago was paradise for the law abiding gun owner. Now, over a very short period of time, we have moved into the column of states with very restrictive laws.
 
CQB45ACP said:
Only Congress levies taxes (potus must sign the legislation). But could there be some kind of concocted user fee? We’ll find out soon enough.
Click to expand...
W/o any Federal 'sales' tax, ala VAT..doubt it. AND no Federal 'sales or 'use' taxes today....Sky not gonna fall..
There is no federal sales or use tax in the United States. All but five states impose sales and use taxes on retail sale, lease and rental of many goods, as well as someservices.
Click to expand...
 
The Feds can impose excise taxes, such as the ones on gasoline and tobacco. There is no reason that one cannot be placed on firearms and ammo, at least as far as I know.
 
Zendude said:
The Feds can impose excise taxes, such as the ones on gasoline and tobacco. There is no reason that one cannot be placed on firearms and ammo, at least as far as I know.
Click to expand...
There first has to be underlying legislation authorizing the tax, then the president (via his designated agency) decides the details. It is possible the ATF’s authorization already includes the necessary authority (or a so inclined administration could interpret as such).
 
CQB45ACP said:
There first has to be underlying legislation authorizing the tax, then the president (via his designated agency) decides the details. It is possible the ATF’s authorization already includes the necessary authority (or a so inclined administration could interpret as such).
Click to expand...

I hope we don’t find out anytime soon. Maybe such a tax would be found to be unconstitutional, but I wouldn’t count on SCOTUS to be willing to hear a case about taxation.
 
Zendude said:
The Feds can impose excise taxes, such as the ones on gasoline and tobacco. There is no reason that one cannot be placed on firearms and ammo, at least as far as I know.
Click to expand...
Except it would never get past the Senate after January 20th.
 
Zendude said:
I hope we don’t find out anytime soon. Maybe such a tax would be found to be unconstitutional, but I wouldn’t count on SCOTUS to be willing to hear a case about taxation.
Click to expand...
Well I’m not a constitutional scholar but I did stay in a holiday inn express last night, so...SCOTUS might not take a straight tax case, but if the tax were punitive or so high as to make it unfair to low income folks THEN you might have an argument it violated the equal protection clause. There’s a lot to hate about the list of anti second amendment proposals and as FFGColorado implied—only keeping control of the senate will help us.
 
Status
Not open for further replies.

Similar threads

W
Vista to raise ammo prices; CZ tenders unsolicited bid to buy Vista
Replies
8
Views
803
Thomasss
Thomasss
Craig_AR
  • Locked
Article on Remington Ammo Plant 7/30/21
Replies
6
Views
641
BlueHeelerFl
BlueHeelerFl
hso
  • Locked
Interesting that Newsweek would publish an article on the ammo shortage
Replies
21
Views
1K
MAKster
M
Alte Schule
  • Locked
The Truth Behind the Great Ammo Crisis
Replies
15
Views
2K
GEM
G
W
  • Locked
Explanation: Why ammo prices have tripled
2
Replies
35
Views
3K
tasco 74
T
Back
Top