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Guns and Ammo Sales Slump: Is the Party Over?

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“Cabela’s, the Sidney, Neb.-based hunting and outdoor outfitter, on Thursday reported that first-quarter sales at its stores open at least a year were down more than 20 percent, reflecting the steep decline in the sale of firearms and ammunition compared with the same period a year ago,” omaha.com reports. Mind you, last year’s sales – and the year before that, and the year before that – were on a trajectory familiar to followers of Space-X’s recent endeavors. Ammo suppliers are still working 24/7 to satisfy demand that just won’t quit. (How much .22 would you buy if you could?) Still . . .

Cabela’s and other firearms-friendly retailers aren’t exactly hurting; the company opened a dozen new stores in the last twelve months and plans 20 more in the next two years. If there’s another big confiscation scare – say CT or NY blows up – sales could head skywards. Again. Still.

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