Second quarter net income slipped by a third to CZK 306,355,000 ($13.2 mm) from CZK 458,336,000, despite a 57% jump in revenues to CZK 6,022,929,000 ($259.7 mm) from CZK 3,847,680,000. The bottom line was impacted by about CZK 315 million in ESOP related costs, and CZK 146 million in one-time items associated with the acquisition of ammunition maker Sellier & Bellot that closed in May. Sales of long guns drove the top line gains, increasing 31% in units to 79,998, while handgun units sold inched down 1% to 103,231.

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