Sales of AR-15s and the earnings of Sturm, Ruger and Co. have something in common during the last portion of the current presidential election cycle: both are skyrocketing.
Breitbart News spoke with AR-15 manufacturer Daniel Defense on Tuesday, and the company confirmed that demand for its rifles has greatly diminished supply. And 3TV News reports that gun stores that usually see a run on guns in general during an election season are seeing a run on AR-15s in particular this time around.
For example, Veerchart Murphy, who owns Ammo AZ in Phoenix, says he “sold three times more AR-15’s in October that he did in September.” He said AR-15 sales are up “550 percent” over last year.
In addition to the focus on AR-15s, Ruger firearms witnessed an explosion in profits. Business Insider reports Ruger’s third-quarter saw “net sales rose 34 percent year-on-year to $161.4 million.” This followed a second quarter in which Ruger CEO Michael Fifer asked “customers and all freedom-loving Americans to take action in support of the Second Amendment.”
Ruger announced that “it would donate $2 to the National Rifle Association for every gun it sells, and would match all donations to the NRA up to $5 million until the election on November 8.”
AWR Hawkins is the Second Amendment columnist for Breitbart News and host of “Bullets with AWR Hawkins,” a Breitbart News podcast. He is also the political analyst for Armed American Radio. Follow him on Twitter: @AWRHawkins. Reach him directly at email@example.com.