I love .40 and everybody else hates it...problem solved.
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Why would manufacturer orders be backing up if distributor and retail orders are down?Ammo manufactures orders must be backing up a little since dealer warehouses and storerooms are starting to get full. The ammo manufacturers themselves like to plant this seed in you tubers every time the ammo production consumption pipeline starts to dwindle...
Thats one of the reasons you start to see it and hear about it all in the same couple of week period. Between social media people copying each other to not feel left out and the actual planting of the seed, it comes to a crescendo and gets the pipeline moving a little quicker.
You'll see the gun shortage rumors coming along any time now as well.
I have a lot, 30-06, 280 Rem, 300 WSM, 308 + more. I recently bought out a big load from a family whose father passed away. Most have been cleaned and sized, you can reach me at 770-295-8444.anyone have any spent brass they want to get rid of?
Ok switch terms with distributors and retailers driving this, as a back log starts I probably should have said manufacturer production. They may be having a little trouble adjusting to the new push/pull production/consumption schedule. I know it is reaking. havoc with other industries that saw an uptick in the take rate and now that capacity is catching up, the consumption is dropping like a rock....RV's being one example.Why would manufacturer orders be backing up if distributor and retail orders are down?
This isn't something ammo manufacturers do. They have plenty of business and get nothing out of having 12 month long backorders waiting.
● | Net Revenues decreased 40% to $38.7 million. | |
● | Gross profit margin of approximately 32.3%. | |
● | Historical Adjusted EBITDA of $7.9 million compared to $20.1million. | |
● | Updated Adjusted EBITDA of $4.8 million compared to $10.7 million. | |
● | Net loss of ($4.1) million, compared to net income of $9.1 million. | |
● | Diluted EPS of ($0.04), compared to $0.07. | |
● | Historical Adjusted EPS of $0.05, compared to $0.14. | |
● | Updated Adjusted EPS of $0.05 compared to $0.08 |
● | Marketplace revenue of approximately $15.4 million. | |
● | New user growth averaged 40,000 per month. | |
● | Average take rate increased to 5.7% compared to 5.4% in fiscal 2022. |