ATK reports sales in its Security and Sporting group grew by 12 percent to $282 million during its fourth quarter ending March 31, compared to the same month in 2011. For the full 2012 fiscal year ending March 31, the group achieved record sales of $1 billion, compared to $930 million in the prior year, an increase of 8 percent.
"The increase reflects stronger domestic and international demand for the group's commercial ammunition and accessories businesses," according to ATK officials.
Freedom Group announces its first-quarter sales ending March 31 were $206 million, up 17 percent from the same period last year. Net sales of firearms for the quarter were $127.4 million, a 34-percent increase compared to the quarter ending March 31, 2011.
"At present, we are experiencing growing participation by non-traditional customers due to increased social acceptance of guns driving new buyer interest and increasing interest in gun clubs," said Freedom Group officials.
Olin Corp. announces its first quarter sales ending March 31 for Winchester Ammunition were $147.5 million, an 8-percent increase compared to the first quarter of 2011. First-quarter 2012 domestic commercial sales increased approximately 13 percent compared to the first quarter of 2011, due to higher volumes and improved pricing. First-quarter 2012 military sales increased slightly compared to the first quarter of 2011.
Sturm, Ruger & Co. reports its first quarter of 2012 net sales were $112.3 mil lion, an increase of 49 percent, compared to the same quarter in 2011. Ruger also reports its earnings "nearly doubled from the first quarter of 2011."
"New product introductions were a significant component of our sales growth, as new product sales represented $40.8 million, or 37 percent, of sales in the first quarter of 2012. The estimated sell-through of our products from independent distributors to retailers in 2012...