But it may mean more trouble for Sturm, Ruger and Smith & Wesson.
News & Analysis: Sturm, Ruger & Company
Last month's criminal background check number was the biggest increase in three years.
Gunmaker refuses to sacrifice margins to win sales.
RGR earnings call for the period ending June 30, 2019.
The gunmaker is poised to benefit from industry's recovery, though it probably won't show up in this quarter.
But dont expect a sharp upturn after the protracted decline.
Product innovations drive sales through industry downturn.
RGR earnings call for the period ending March 31, 2019.
Several factors may offset the continuing market softness.
A shareholder resolution asserts that the gunmaker is dismissive of concerns and has unseemly ties to a gun-rights group.