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Remington has faced financial hurdles that have made it difficult to benefit from the current industry growth, including a debt load it inherited from its private-equity owners and lawsuits brought against it by families in the wake of the 2012 Sandy Hook Elementary School shooting. Throughout the summer, adjusted FBI checks were doubling, and though the rates have eased up as reported incidents of violence have scaled back, demand for firearms is still growing at a heady pace. That's a much more sensible purchase, and it should help the gunmaker continue to grow sales. Sturm, Ruger ( NYSE:RGR) was recently reported as being in the running to buy the ammunition business of bankrupt gun manufacturer Remington, a move that would have been a dramatic departure for the pure-play firearms maker.Īlthough there was some sense to becoming vertically integrated in the current environment, as the firearms industry is seeing an unprecedented increase in demand, Ruger has always been a company that stays in its lane and does what it knows best.Īs it turns out, what Ruger really wanted from Remington was its Marlin Firearms business, which it agreed to pay $30 million for. I may not be able to respond to every suggestion, but I do read them all! Think an article needs a correction? Reach Rich here. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same ually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio.
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After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. The Versa Max is available in more than half a dozen different variants.Rich has been a Fool since 1998 and writing for the site since 2004. It additionally boasts corrosion-resistant parts, as well as quick and easy disassembly. The Versa Max is a 12-gauge semi-automatic shotgun that has significantly reduced felt recoil thanks to the Versaport system and the SuperCell Recoil Pad. It has a 4+1 capacity and is available in 20- and 12-Ga. Available in 12-gauge and other sizes, this gun offers a high gloss checkered walnut stock and forend alongside a polished and blued receiver and vent rib barrel.īased on the 1100 and first manufactured more than 30 years ago, the 11-87 was made to reduce felt recoil with a self-compensating gas system. Produced for over five decades, the Remington 1100 is a gas-operated, semi-automatic shotgun that combines a proven action with elegance and modern style. Other popular Remington shotguns include the 1100, 11-87, and Versa Max. The company expanded on its success with this model and now offers over two dozen variants built on the time-tested action of the 870, including the 870 Express, 870 Wingmaster, and many more. A highly versatile shotgun with a proven design, the Remington Model 870 is the best-selling shotgun of all time.