YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Smith & Wesson owner American Outdoor Brands reported a quarterly 33 percent decrease in net sales.
Its profits sank 65 percent, causing shares to plunge 18 percent in after-hours trading.
CEO James Debney in an earnings call said, "we share our nation's grief," over the Parkland, Florida shooting. He said Dick's Sporting Goods' decision to stop selling assault-style rifles would have an "extremely small" impact on the company's sales.
Read more from CNNMoney.
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