Smith & Wesson is making a donation of $5,000 to NSSF’s firearm safety initiative Project ChildSafe, a program promoting firearm safety and education in all 50 states and the five U.S. territories. The effort is dedicated to promoting responsible firearm handling and storage through the distribution of safety education messages and free firearm safety kits.Continue reading “S&W Donates to Project ChildSafe”
As a conclusion to the brand’s 100-year anniversary celebration, Federal Ammunition wraps up its monthly online content which celebrated Federal’s rich history all year long. Two articles for the month of December tell the stories of Federal’s conservation efforts and law enforcement ammunition. This final content can be found on the 100-year anniversary website: A Century Of Authority (federalpremium.com).Continue reading “Federal Ammunition Wraps Up 100-Year Celebration on Website”
By Mark Oliva
The National Shooting Sports Foundation (NSSF), the Firearm Industry Trade Association, rejects the false premise of the lawsuit brought by the City of Buffalo against several firearm manufacturers, distributors and retailers. The accusations are without any legal merit and are an obvious attempt by city officials to deflect attention and shift responsibility for their failure to enforce the law against criminals by casting blame on a Constitutionally-protected and most highly-regulated industry in the nation today.Continue reading “NSSF Rejects City of Buffalo’s Frivolous Lawsuit Against Firearm Industry Members”
Older readers likely remember that anxious wait for the Sears “Wish Book” to arrive. With hundreds of pages filled with the latest toys and games it was the perfect way for boys and girls to update their letters to Santa. The holiday annual was first published in 1933, although it wasn’t until 1968 that management officially labeled it the “Wish Book.” Families had been calling it that for decades. By the turn of the century it grew thin and it ended in 2011. An attempt to revive it with a mailing to select shoppers in 2017 drew mixed reviews and little fanfare.Continue reading “Gun Owners Wish Book”
Kimber Mfg. has learned of the passing of Chip McCormick, the man renowned for creating industry-leading 1911 magazines and triggers through his company, Chip McCormick Custom. Mr. McCormick, in partnership with Kimber Mfg. owner and CEO Leslie Edelman, also contributed greatly to Kimber’s success in the 1911 market.
Mr. McCormick provided instrumental consulting to Mr. Edelman in creating the firearm industry’s first mass-produced, high-quality 1911 pistols that included custom features. Mr. McCormick’s contributions included a beavertail grip safety, an extended slide stop, and an ambidextrous manual safety. These efforts not only changed the handgun market by adding upgraded features to commercialized top-notch 1911s, but simultaneously revolutionized how firearm-manufacturing companies crafted and assembled the legendary 1911 platform.
“The Kimber family is deeply saddened by the loss of Chip McCormick. He was a great friend and a great business collaborator,” said Kimber owner and CEO, Leslie Edelman. “His impact on this company, as well as the entire firearms industry, is immeasurable. Our condolences go out to Chip’s family and friends. He will be missed greatly.”
Kimber Mfg., Inc. is an American company that designs and manufactures premium firearms for individual, sporting, law enforcement and military markets. Complete information on Kimber firearms, accessories and Less-Lethal products is available at www.kimberamerica.com or by phone from Kimber in-house staff at +1 (888) 243-4522. A detailed product catalog is available upon request. Kimber can also be found on Facebook, Twitter, YouTube and Instagram.
From SIG SAUER
SIG SAUER, Inc. is proud to present a new four-part video series to commemorate the upcoming birthday of the U.S. Army on Monday, June 14th, and honor the prestigious U.S. Army Rangers with an inside look at the 2021 Best Ranger Competition.
“This year SIG SAUER was afforded the incredible opportunity to present custom M17 pistols as the official trophy pistols of the prestigious Best Ranger Competition,” said Jason St. John, Director, Government Products, SIG SAUER, Inc., and Sergeant First Class (Retired), U.S. Army Ranger. “Through this video series we recognize the U.S. Army and the incredible service and sacrifice of the entire U.S. Army Ranger regiment to our country.”
The SIG SAUER Best Ranger Video Series includes the following episodes:
- Episode 1: Rangers Lead the Way: the already released video review of the history and foundation of the U.S. Army Rangers.
- Episode 2: Honor: the newly released video reviews the inception of the famed Best Ranger Competition.
- Episode 3: 2021 Best Ranger Competition: an inside look at the grueling 3-day Best Ranger Competition to be released on the birthday of the U.S. Army, June 14th.
- Episode 4: Prestige: an interview with the 2021 Best Ranger Competition winners to be released on Friday, June 18th.
The U.S. Army Best Ranger Competition is a grueling competition that identifies the best, two-man U.S. Army Ranger team on a course that is designed to place extreme demand on each team’s physical, mental, technical and tactical skills and was held in Fort Benning, Georgia, April 16-18, 2021.
- Learn more about the SIG Custom Works, U.S. Army Best Ranger Competition M17 Trophy Pistols.
Hornady® congratulates Robert Brantley on his record 2.40 mile shot at the Clark’s Knob ELR Match, May 1, 2021 in Tipton, KS.
Brantley used Hornady .416 Cal. 500 gr. A-TIP® Match bullets loaded in his 416 MCS wildcat in a GA Precision rifle to make the longest impact ever shot and recorded in competition.
“A-TIP bullets have many advantages,” said Brantley. “You see splash so much better than solids and the accuracy is simply unreal! The bullet-to-bullet consistency of the A-TIP make shots like this possible.” Brantley added.
A-TIP® Match bullets feature an aluminum tip that’s precision machined and longer than polymer tips, that moves the center of gravity and enhances inflight stability, resulting in tighter groups and reduced drag variability. In addition, A-TIP bullets are sequentially packaged for the ultimate in consistent performance.
Founded in 1949, Hornady® Manufacturing Company is a family-owned business headquartered in Grand Island, Nebraska. Proudly manufacturing products that are made in the USA, Hornady® Manufacturing is a world leader in bullet, ammunition, reloading tool, accessory and security product design and manufacturing.
For further information regarding Hornady® products, visit the company web site at http://hornady.com.
From Henry Arms
A day before the fireworks shows of July 4th, the Henry 180 NASCAR Xfinity Series race at Road America will treat fans to an equally impressive performance on the track. Wisconsin-based firearm manufacturer and title sponsor of the race, Henry Repeating Arms, is celebrating by inviting 180 active-duty members or veterans of the United States military to attend the race with free general admission. Henry Repeating Arms has a long history of supporting the military and its veterans with recent donations to The Veterans of Foreign Wars (VFW) totaling over $100,000, a $200,000 donation to The Charlie Daniels Journey Home Project, and tribute edition rifle presentations to veterans around the country including World War II hero, Louis Zamperini, and several Congressional Medal of Honor recipients.
“It’s a weekend to celebrate America, and there’s no better place to do that than our home track in the good company of our employees, friends, and guests while enjoying a packed schedule of racing,” said Anthony Imperato, President and Owner of Henry Repeating Arms. “That mix of guns, gears, and July 4th gets my patriotic juices flowing, and I’m looking forward to shaking hands with those who served to keep weekends like this possible.”. For its 4th straight year of being the primary sponsor of an Xfinity Series racecar at Road America, Henry Repeating Arms is continuing its partnership with Stewart-Haas Racing. Henry expects to announce the driver and paint scheme in June.
The Henry 180 Xfinity Series race at Road America begins at 2:30 p.m. EDT on Saturday, July 3rd, with live coverage on NBC and SiriusXM NASCAR Radio. Active-duty members or veterans of the United States military who wish to attend the race in person can apply online for free admission from Henry Repeating Arms here: henryusa.com/thankyou Henry firearms are purchased only through a licensed firearms dealer. For more information about Henry Repeating Arms and its products, visit henryusa.com or call 866-200-2354.
Sturm, Ruger & Company, Inc. (NYSE: RGR) announced that for the first quarter of 2021 the Company reported net sales of $184.4 million and diluted earnings of $2.16 per share, compared with net sales of $123.6 million and diluted earnings of 87¢ per share in the first quarter of 2020.
The Company also announced today that its Board of Directors declared a dividend of 86¢ per share for the first quarter for stockholders of record as of May 17, 2021, payable on May 28, 2021. This dividend varies every quarter because the Company pays a percentage of earnings rather than a fixed amount per share. This dividend is approximately 40% of net income.
Chief Executive Officer Christopher J. Killoy commented on the financial results for the first quarter of 2021, “Strengthening our workforce and realizing operational efficiencies resulted in an outstanding quarter. I could not be more proud of how well our folks rose to the challenges posed by the COVID-19 pandemic and capitalized on the opportunities presented by the historic surge in demand during the past year. But we did not allow the frenetic pace of our business to distract us from our long-term goal of driving shareholder value. Our focus on our new product development initiatives remained steadfast. Consequently, in March we introduced the Ruger Max-9, a versatile 9mm pistol that has been met with tremendous excitement. We look forward to additional exciting product launches in 2021, including the return of Marlin lever action rifles, which we plan to begin shipping in the fourth quarter.”
Mr. Killoy made the following observations related to the Company’s first quarter 2021 performance:
- The estimated unit sell-through of the Company’s products from the independent distributors to retailers increased 9% in the first quarter of 2021 compared to the prior year period. For the same period, the National Instant Criminal Background Check System (“NICS”) background checks (as adjusted by the National Shooting Sports Foundation) increased 13%. This growth is attributable to increased consumer demand for firearms in the first quarter of 2021 and has likely been constrained due to limited available inventory in the distribution channel.
- Sales of new products, including the Wrangler, the Ruger-57, the LCP II in .22 LR, the PC Charger, and the Max-9 pistol, represented $34.8 million or 21% of firearm sales in the first quarter of 2021. New product sales include only major new products that were introduced in the past two years.
- During the first quarter of 2021, the Company’s finished goods inventory and distributor inventories of the Company’s products increased slightly. However, in the aggregate, total Company and distributor inventories decreased 153,000 units from the end of the first quarter of 2020.
- Cash provided by operations during the first quarter of 2021 was $27.8 million. At April 3, 2021, our cash and short-term investments totaled $146.1 million. Our current ratio is 3.5 to 1 and we have no debt.
- In the first quarter of 2021, capital expenditures totaled $5.5 million. We expect our 2021 capital expenditures to total approximately $20 million, most of which relate to new product introductions.
- In the first quarter of 2021, the Company returned $12.5 million to its shareholders through the payment of dividends.
- At April 3, 2021, stockholders’ equity was $288.5 million, which equates to a book value of $16.41 per share, of which $8.31 per share was cash and short-term investments.
From MidwayUSA Foundation
MidwayUSA Foundation continues to make an impact in the outdoor industry by expanding their programs to allow more of today’s youth the chance to participate in shooting sports. To create newly certified youth shooting sports coaches, MidwayUSA Foundation has paid $112,290 to 25 partnering organizations. These cash funds will directly assist these like-minded organizations to certify over 1,000 new shooting sports coaches, collectively. This is the first year and first grant payout for the Coach Training program.
MidwayUSA Foundation Executive Director, G. Scott Reynolds said, “Certified coaches are integral to youth shooting sports. Our youth cannot join a team, improve their skills, or compete without a qualified coach. This is exactly why the Foundation established this new annual grant program. After a tough 2020, I am happy we were able to roll-out our Coach Training Grant Program in time to make an impact in 2021.”
In addition to nearly 2,800 youth shooting team endowments, MidwayUSA Foundation funds over 65 state and national youth shooting sports organizations through Agency and Donor Designated endowments. These organizations, including SCTP, SASP, ATA, ACUI, and more are eligible for the Coach Training Grant Program. Youth shooting teams interested in certifying more coaches should reach out to their state or national organization. Coach Training grants will be paid annually through MidwayUSA Foundation.
The MidwayUSA Foundation is a 501(c)(3) public charity working to sustain and grow the shooting sports industry by providing long-term funding to youth shooting teams. Every donation made is tax-deductible and allows the Foundation to assist in expanding and enhancing the leadership skills, confidence, and discipline of today’s youth through shooting sports activities. The Foundation supports all shooting disciplines. For more information about how the MidwayUSA Foundation is changing the future of youth shooting sports, please visit midwayusafoundation.org or call 1-877-375-4570.