Remington going bankrupt?

tallguy606 · Dec 1, 2017

Internet has lots of speculation about Remington going out of business. Latest results poor.
"Remington Outdoor, the second-largest U.S. gunmaker has suffered a “rapid” and “sharp” deterioration in sales and a similar drop in profits since January, and faces “continued softness in consumer demand for firearms,” credit analysts at Standard & Poor’s Global Ratings said in a report Friday."

rcm192 · Dec 1, 2017

Sounds like a byproduct of drop in quality.

Bigchillin83 · Dec 1, 2017

rcm192 said:
Sounds like a byproduct of drop in quality.

Wish there was a "like" button for this

thperez1972 · Dec 1, 2017

I was thinking about picking up a new 308, either a Remington 700 or a Ruger American, and throw it in a Magpul Hunter stock. If this turns out to be true, it may push me toward the Ruger.

SouthernUnderGod · Jan 24, 2018

Remington has come out with a couple of new offerings lately. We'll see if these help. The "sawed off" version of the 870 (Tac-14) and the 870DM (detachable magazine). I know there was a lot of ruckus about the accidental discharges with Remington 700's ("Remington Moment") but I assume that they fixed that. I've loved everything Ruger I've ever bought, but then again I feel the same way about the Remingtons. I can't imagine them going away. I did see several reviews of their RP9 that panned it as a polymer pistol.

340six · Jan 24, 2018

They never kept up with the new trends in firearms. Colt is also suffering, They lost the A4 sales and never cared much about us

Blue Diamond · Jan 24, 2018

rcm192 said:
Sounds like a byproduct of drop in quality.

NO. It is a byproduct of a lack of profit margin. EVERY major arms dealer is having a hard go of it in todays world.

Gus McCrae · Jan 24, 2018

Blue Diamond said:
NO. It is a byproduct of a lack of profit margin. EVERY major arms dealer is having a hard go of it in todays world.

Henry and Ruger are still pretty busy.

Edit: apparently, I'm wrong.... Looks like sales are down.

rcm192 · Jan 25, 2018

Blue Diamond said:
NO. It is a byproduct of a lack of profit margin. EVERY major arms dealer is having a hard go of it in todays world.

Your statement is also true; however mine also still holds true. Look at the new 870s...and 700s with the matte blued finish. Its ****. We call them "Rustingtons" at the shop.

340six · Jan 25, 2018

rcm192 said:
Your statement is also true; however mine also still holds true. Look at the new 870s...and 700s with the matte blued finish. Its ****. We call them "Rustingtons" at the shop.

They remind me of the Colt guns made during the strike.

RaleighReloader · Jan 25, 2018

Say what you want about Remington quality, but sales are down across the board -- everything from $199 plastic fantastic cheapies to top-drawer guns from the likes of Ed Brown. I attribute this to two things:

1. People foolishly believe that Trump will protect their second amendment rights. The guy is a pathological liar and will sell us out in a New York second if he thinks it would be advantageous to whatever has captured his reptilian attention span.

2. People foolishly think that Republicans will be in power forever. The tables will turn quickly when the Democrats eventually get control (which they will, given the natural ebb and flow of politics), and make no mistake that the Democrats will come after us gun owners with vengeance this time around. Forget about assault weapons bans; they'll want semiautomatic weapons bans, or some other such nonsense.

And before we get into a tit-for-tat about politics, let me say that I think they're all shitheads. Republicans can sell us out just as quickly, and with just as much malice as Democrats can. Case-in-point: if you love California-style gun control, thank Ronald Reagan.

For every round of ammunition that I purchase to shoot right now, I'm buying two more rounds to go into storage, for the next buying frenzy.

Warren Buffet put it well: "be bullish when people are bearish, and bearish when people are bullish."

Mike

Mike

340six · Jan 26, 2018

I looked at the new Lever guns at Cabela's and they look fine. Just have a different feel. Maybe it is the stocks. I just have one lever a 30-30 My wife got me for Christmas in the early 90's at Wal Mart. It was the wrong gun and was another caliber She broght it back and they gave her a 30-30. The Box # matched the gun and said 30-30 on the box. I now know years later that It should have kept it as is. As that Caliber is less made than the common 30-30.
The Remmington Marlins look ok to me just another feel.
I think they have lots of competition now they never had before on lots of items.
Lever guns, Bolt guns, 1911's the market is just plain old saturated

wcweir3 · Jan 26, 2018

Bigchillin83 said:
Wish there was a "like" button for this

Remington going bankrupt?

The Best online firearms community in Louisiana.

Member Benefits:

tallguy606

Well-Known Member

rcm192

Sic semper tyrannis

Bigchillin83

Well-Known Member

thperez1972

ESSAYONS

SouthernUnderGod

Well-Known Member

340six

-Global Mod-

Blue Diamond

sportsman

Gus McCrae

No sir, I ain't.

rcm192

Sic semper tyrannis

340six

-Global Mod-

RaleighReloader

Well-Known Member

340six

-Global Mod-

wcweir3

Well-Known Member

Latest posts

Staff online

Members online

Forum statistics

Forum statistics