What is it about the gun business that so many companies are having trouble making money? Is it bad CEO's or other higher ups who can't manage money or is it hard to make money in the gun business and stay competitive? Withing the past few weeks we have seen Colt release major financial problems and now we find Smith and Wesson had $175 million in debt and just bought a company with $100 million in debt?
Is it just bad leadership in these companies or will we soon be hearing this happening with Ruger and FN and some of the other companies? It seems like Remington will be in the same boat in a bit but that is entirely their fault. Are companies not scaling down when business is slow or are they underpricing their guns?
Is it just bad leadership in these companies or will we soon be hearing this happening with Ruger and FN and some of the other companies? It seems like Remington will be in the same boat in a bit but that is entirely their fault. Are companies not scaling down when business is slow or are they underpricing their guns?