11-23-2015, 10:11 AM
Officials with Remington Outdoor Company disclosed in a recent quarterly investor call that the company plans to launch two new handguns in the coming months.
The announcement comes after the company’s 3rd quarter financial report showed a steep decline in sales of Remington firearms, with the company saying the market continues to see “double digit” growth in polymer handgun sales, including compact, sub-compact and micro pistol models.
The officials on the Nov. 19 investor call said the two new pistols would demonstrate Remington was “entering that piece of the market where the growth is.”
The company just released the RM380 pistol, a sub-compact, or “pocket pistol,” that takes advantage of the growing popularity of concealed carry handguns in the firearms market.
Remington officials said the RM380 launch was pushed up ahead of the two other new pistols the company plans to launch soon.
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The announcement comes after the company’s 3rd quarter financial report showed a steep decline in sales of Remington firearms, with the company saying the market continues to see “double digit” growth in polymer handgun sales, including compact, sub-compact and micro pistol models.
The officials on the Nov. 19 investor call said the two new pistols would demonstrate Remington was “entering that piece of the market where the growth is.”
The company just released the RM380 pistol, a sub-compact, or “pocket pistol,” that takes advantage of the growing popularity of concealed carry handguns in the firearms market.
Remington officials said the RM380 launch was pushed up ahead of the two other new pistols the company plans to launch soon.
Read More