Con artist kills another business

[someoneyouknow]

For 83 years business was brisk. People would readily pick up the product which in turn kept the business alive. Not any longer. United Sporting Companies filed for bankruptcy thanks in large part to the con artist's win, aided by Russia.

A distributor of firearms and outdoor equipment, United Sporting Companies says they had stocked up on guns in anticipation of Hillary Clinton winning the presidential election and the ensuing scare tactics by Republicans about her "Tekin away yer guns!"

Lower-than-expected sales followed in 2017 and 2018, leading to an industrywide glut that forced United and rivals to heavily discount their merchandise, he [United CEO Bradley Johnson] added in the court document.

United isn't the only company suffering thanks to the con artist. American Outdoor Brands, formerly known as Smith & Wesson, saw its profits slide 90 percent in Mr. Trump's first year in office. And Remington Outdoor, the nation's oldest gunmaker, emerged from bankruptcy last year.

https://www.cbsnews.com/news/united-sporting-companies-gun-seller-goes-bust-partly-blaming-troubles-on-trumps-election/

 

[KeithD]

Fine with me for a sale-to-civilians gun company to go out of business no matter whose policy caused it.

 

[moonflasher]

Fine with me for a sale-to-civilians gun company to go out of business no matter whose policy caused it.

I can't believe I'm agreeing with this asshole,but I do in this matter.

 

[Pocketshaver]

Its simple economics.

They flooded the market with as many guns as they could before the election, hell most of the companies were selling complete AR 15s for 400$. And built up huge stock piles when demand wasn't what they expected.

With a big glut of over valued inventory, massive problems aroused.

Remington problems were and are not a part of fire arms sales.

 

[BotanyBoy]

So the company made a bad investment, and that's Trumps fault?

LMFAO....the TDS is off the chart.

You're not even drinking the Kool-Aid you're mainlining it IV style.

 

[phrodeau]

They can melt them down and make plowshares instead.