January 30, 2013
The threat of regulation has been good for the gun business: “Get ‘em while you can” is one of the best sales pitches there is. With bullets, it’s no different.
Sales for ammunition manufacturer Winchester began to increase three days before President Barack Obama was reelected in November, an executive for Winchester owner Olin Corp. said Tuesday in a conference call with analysts, and sales haven’t let up.
Buyers have been scrambling for bullets in the wake of the December massacre at Sandy Hook Elementary School in Newtown, Conn., and during the ensuing talk about increased regulation of guns and ammunition.