Net income increased nearly six fold in the second quarter to $32,461,000 from $5,498,000 on an 80% jump in sales to $380,989,000 up from $211,766,000 that including a 61% increase in same store sales. The sales gains came across all major categories, but the gun segment was certainly the standout with firearms sales comping up 123% and ammunition up 75%. Social unrest fueled the higher demand, and conveniently competitors Dick’s and Walmart had recently pulled back from the category. With firearm unit sales up 171% against a 111% adjusted NICS check increase, SPWH is confident it made significant market share ... Log in to view full article.