That’s roughly how long Vista thinks it will take before industry production and retail stocks are back in balance; however, the time frame for the cyclical downturn is usually in the 12-18 month range, it told investors at the Roth Capital Markets Conference. VSTO does note that there is usually about a three month period when the downturn develops and the present one occurred much more suddenly right around Thanksgiving. Longer term, it remains positive on the firearms market, noting statistics in 2009 showed the sport had 35 million participants who were largely older, male hunters and a 2014 survey ... Log in to view full article.