Net income soared 88% in the fiscal fourth quarter ended Apr. 30 to $16,222,000 from $8,634,000 as revenues expanded 27% to $178,388,000 from $140,762,000. New product sales accounted for 38% of Q4 sales, and handguns made up more than 80% of units shipped, led by the M&P and BodyGuard franchises. Handgun unit sales into sporting goods stores increased 23%, easily outstripping the 1% increase in adjusted NICS checks. Long guns sold to the sporting goods channel gained 29% in units against +4% from NICS, led by MSRs. ASPs were up mid ... Log in to view full article.