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Shooting enthusiasts listen up a massive emotional -- -- is sweeping the country.
According to some estimates guns and ammo sales were 16% last year any -- makers can't keep up with the increased demand.
Wal-Mart is even rationing their ammo now limiting sales to three boxes per customer per day.
For more on this we're joined by Patrick woods director of operations in development and spring guns and ammo.
Nice -- see you again Patrick are you experiencing shortages are using the same kind of rush.
And it's pretty much across the board I think the whole country is experiencing it.
I just got back from -- distributors conference -- another -- group conference and every -- I spoke with.
Is just scrounging to buy memo anywhere they can so specifically a couple of calendars.
Yeah I was gonna ask you -- -- what specifically is in such high demand.
Well what I've -- front of me here are a couple of -- Really the most hard to -- what can you -- -- I I don't -- -- -- -- well pressed to see we can't really see it may be yeah -- carry out ahead yes yes this.
We got nine millimeter pistol -- which is probably the worst enemy we have -- In our store we generally by you know fifty to sixty cases a month nine millimeter pistol Lamo.
And it probably twice -- for our range that's the figure sixty for bulk -- in the -- twice that for our range in each case has a thousand rounds.
So that gives you an idea what we usually are able to get right now we're lucky if we get three cases per month.
Or 3000 -- so you know weird weird really suffering here.
And the manufacturers are doing the best they can they got three -- running every day but they just cannot keep up how -- this -- going on for.
How you know.
Probably started right after you know that -- end of November December has started to get pretty bad you know specifically.
Of course there was the tragedy -- Newtown.
In the ensuing legislation caused a frenzy for guns and ammunitions and subsequently ammunition.
And it's just progressively gotten worse.
What -- -- when they come in they're just afraid that all of a sudden they're not going to be able to get this stuff.
Well I think it's a mix of things I think some of them yes I think some people come in.
And perhaps they're not really keeping track of the legislation closely in in the back of their mind -- -- -- you know they're gonna ban guns and ammo.
And so they come in but also you know that you've got to keep in mind that there are customers that -- very regularly that practice.
All the time and there are.
Knowing that this is gonna be hard again it.
So they come in and -- eight a year's worth of ammunition just to make sure that in the if there's a shortage there's still able to practice.
In the amount that they usually able to.
Saying that manufacturers are not able to speed up their production in northern keep up with the demand does that mean that you're able to just raise your price in response to how much demand there is out there.
Well the prices had.
Hyper inflated a bid but they're also has been an increase from manufacturers and distributors -- -- -- kind of an average 5% across the board ATK has -- largest ammunition manufacturers in the country.
-- they sent out a notice to all by group distributors vendors everybody's saying we're going up 5% because we can't keep up.
The more pressing concern is that because of the producing its at a high capacity so much -- what they're used to.
You know you start to worry about quality control although we've not had any problems in that -- yet but you know you -- -- it becomes a concern at that point.
Do you think is there any chance that this is a bubble you know that if they need allowances for how much more demand is there is -- started producing more now all of a sudden you would find yourself with too much stock or or the manufacturers themselves that find themselves overcapacity.
I think most of your vendors as especially smaller dealers.
Are concerned that they're gonna go and purchase like they did in 2008 and a lot of them have a bad taste in -- -- from the bubble of 2008 they did get laughed.
With specific items that they ordered a lot and we're stuck with I don't think that the manufacturers could become over leveraged because you know currently.
A lot of the -- that they're producing is going to federal government.
Going to different governmental entities you know there's there's a good chance that even if all consumers stopped buying today.
They would be able to allocate the ammunition that they manufactured to governmental entities and get -- -- -- pretty quickly.
Citi increase in demand is it limited to what you're showing us right in front of you that you have there is -- kind of across the board as well.
And it's across the board I mean.
-- are these are the most difficult and there are caliber is that have not been affected some of the hunting caliber isn't things of that nature that people don't tend issued a lot what you're seeing limited.
Are the caliber of people shoot a lot the caliber of people -- -- shooting range which are all of these things here.
22 long rifle is another one a lot of parents -- that what their children a lot of people should for target there's in the U.
You know industry moved to producing.
22 long weapons in the mail our platform to practice more effectively.
Patrick thanks for coming on sounds like it's good for business.
If -- thank you very much revenue -- RA.
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