Calling out a 28% increase in handgun unit sales into the sporting goods channel as a key driver, SWBI’s net income jumped 79% to $3,753,000 from $2,102,000 in the fiscal third quarter ended Jan. 31, as sales climbed 17% to $135,709,000 from $115,885,000. Handgun sales soared 35% in dollars to $107.4 million, driven by higher ASPs as well as the 28% increase in unit sales, easily outstripping a 2.0% drop in NSSF-adjusted NICS checks. Distributor inventories were flat, so the gains translate effectively into consumer sales, SWBI said. The smaller long ... Log in to view full article.