Soaring gun sales mean big profits for Smith & Wesson - FOX 10 News | myfoxphoenix.com

Soaring gun sales mean big profits for Smith & Wesson

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CHICAGO (FOX 32 News) -

Soaring gun sales are turning in to big profits for Smith & Wesson.

The company said profits for the second quarter have tripled, and it is now raising its outlook for gun sales for the rest of the year.

Smith & Wesson said it is expanding production to meet demand and expects to have sales of $575 million this year.

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