HuntingNet.com Forums - View Single Post - I have been putting off Reloading but Remington just PISSED me off
Old 03-30-2004 | 07:34 AM
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bigcountry
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Default RE: I have been putting off Reloading but Remington just PISSED me off

I think remington was just waiting for thier "ultra" bullet and used the partition for a while. But now federal has the reigns and is selling brass and cartridges. I don't think people like me care that they quit making this or that, but more worried it was a sign of the times and 300RUM wasn't selling well. but then I checked out the information, and RUM ammo sales are not down for 300RUM. Then read thru the Q3 2003 results. Seems like they are taking a beating from Olin Winchester on sales and are slimming down their product lines. Also seems thier total centerfire sales are significantly down. On the conference calls, they try to say that the fact that Rugers stock is significantly down, that they are very competiive. The fact is or I guess opinion, from my standpoint, is WSM's really hurt the sales of good ole cartidges like the 30-06 and 270. People wanted the new offereings but Remington didn't jump on the sales of rifles in the WSM. This was a risky move putting thier money on their short action mags. There is tons of financial analyst data out there and the information is there. Hey in every business venture, there is losers and winners.

But from inside numbers for some reason, 870 express sales are way down. Not sure why. They blame it on harsh wet weather. Every one elses shotgun sales are down too.
 
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