Vista Outdoor CEO Chris Metz charts the company’s momentum throughout the pandemic.
An item that saw record sales during the coronavirus pandemic: firearms.
Gun stores nationwide are seeing an increase in customer base, according to WFOR-TV in Miami.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
In the first four months of the year, nearly 16 million background checks were performed for firearm purchases, the FBI said, a 31% increase from the same period in 2020.
Fuquay Gun & Gold in North Carolina says sales there have been uninterrupted since the start of the pandemic.
“Every time a stimulus check hits, the lines go round the corner,” said Clay Ausley, owner of the company.
Gun installations see buyers from all demographic groups.
VISTA OUTDOOR CEO AFFIRMS AN INCREASE IN SALES OF POST-COVID AMMUNITION
Training centers are even seeing an increase in the number of older people coming to take courses.
Vista Outdoor is a company that is profiting from the boom even though it does not manufacture guns. He makes ammunition.
“We’ve never seen these trends before. More millennials, more younger generations, more people of color, women are embracing the hunter and field-to-table movements, filling their freezers with fresh meat, embracing safety and self-resilience, ”CEO Chris Metz told Liz Clayman of Fox Business. “We have welcomed over 8 million new users to this sport, which we call shooting and hunting sports.”
Many buyers are also concerned about future gun control legislation.
CLICK HERE TO LEARN MORE ABOUT FOX BUSINESS
“It’s very, very uncertain right now in our country and it tends to sell guns for sure,” Ausley said.
No Comment