“A Presidential election in November will have an impact on the prediction.”
Vista Outdoor CEO Christopher Metz’s quarterly earnings call, which took place earlier this month, indicates the current ammunition shortage may continue at least until 2021—perhaps longer.
“July firearms background checks were another triple-digit month, and we have said many times that ammunition sales typically take multiple months to catch up,” Metz told investors on the conference call. The comment indicates it may be the end of the year before retailers are fully stocked again, assuming cartridge demand stabilizes.
Olin’s quarterly report, also issued earlier this month, endorses that observation. The company said its Winchester Ammunition division experienced a 17-percent increase in orders during the three-month period.
by Guy J. Sagi