Business

The company says slowing sales in "modern sporting rifles" accounted for 87 percent of the nearly $40 million first quarter earnings decline.

In reaction to continued market slump, major outdoor group cuts jobs for second time this year.

The leading industry lobby group for the firearms industry recently asked its members to send in their data on a federal government initiative some say is targeting banks who do business with ammunition and firearms retailers.

It's a tight market out there for AK47-style rifles, and Shooting Sports Retailer just obtained information on where dealers and retailers can get their hands on the limited supply still in the U.S.

The company released an announcement that problems had indeed been found and that customers who bought an R51 will be allowed to exchange it for a new one after production resumes.

The folks who run the popular SHOT Show Industry Day at the Range have announced more goodness for retailers, manufacturers and the gun nut media who overrun the event like a horde of locusts.

The folks who run the popular SHOT Show Industry Day at the Range have announced more goodness for retailers, manufacturers and the gun nut media who overrun the event like a horde of locusts.

“Investing in Texas was an easy decision,” said CEO Iver Mossberg. “It’s a state that is not only committed to economic growth but also honors and respects the Second Amendment and the firearm freedoms it guarantees for our customers.”

Major U.S. gun manufacturer Sig Sauer announced a significant layoff today, saying the overall slump in gun sales has forced it to cut nearly 10 percent of its staff from its Exeter, New Hampshire, and Newington, New Hampshire, manufacturing facilities.

A new category has been growing quickly in the market and it made its presence felt during this year's NRA show in Indianapolis. High-tech offerings — from firearms accessories and gear to online services for just about any shooter’s needs — were numerous and popular with the attendees.

Despite a slowdown in sales, most observers in the industry see this as a good-news-bad-news kind of scenario, especially in light of the general perception that, despite the bubble shrinkage, the current firearms industry is in overall good health.

The company is offering customers a $50 gift certificate redeemable for rifle accessories and a free Rat Rapid Assault Tactical case from U.S. Peacekeeper Products, an $82 value.

Industry group's report shows $48 billion in sales and nearly 1 billion jobs related to hunting and shooting in the U.S.

The Sands Expo and Convention Center has more than 2 million square feet of event space, but even that is pushed to the limit by SHOT, the fifth-largest trade show in Las Vegas.

The nationwide retailer is the latest business in the cross hairs of the anti-gun group Moms Demand Action for Gun Sense in America. The group has petitioned the Minneapolis, Minn., based Target Corp. to ban guns in its stores and their effort quickly collected over 10,000 signatures.

Shooters or snipers? Civilians dig deep for heavy, accurate rifles with no-nonsense profiles.

Leaked study shows harsh rules might be imposed on gun stores who want to open in violence-wracked city.