) traded lower late Friday. The firearms company reported fourth quarter results that topped Street estimates. However, guidance for the first quarter disappointed investors.The shares falling after the gun maker warned of weakening demand in the current quarter last quarter, which was their fiscal fourth quarter actually was pretty good.They beat estimates we saw sales there rise about 10% but the coming he now says that in its fiscal first quarter, sales are going to fall 10% year over year.
Uh People may also not be as worried about new gun bans uh because of action by the Supreme Court in 2022 as well. But let, let's go to the Wi Fi Interactive, I have a Smith and Wesson brands chart going back to the last century, the last millennium.What they coincide with this here is the global financial crisis 2008 or so.Um and maybe it doesn't have to happen, but it's not surprising that after you have one of these peaks that you do have a lull in the action, it looks like these last multiple years, these cycles.
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