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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAssault weapons manufacturer is upset that school shootings are costing it money
Vista Outdoor, a major manufacturer of assault weapons, is complaining that school shootings, particularly the massacre at Marjory Stoneman Douglas High School that left 17 dead, is having an adverse impact on its profits.
The complaint was buried in a filing that was made with the Securities and Exchange Commission on Thursday. The filing, called a 10-K, reviews the companys financial performance over the last year and discusses risk factors for the future.
Vista Outdoor bemoans online activity in the wake of tragic shootings at the Marjory Stoneman Douglas High School in Parkland, Florida in February 2018 that may have an adverse effect on our business, financial condition, results of operations and or cash flows.
The company blames a substantial increase in the use of social media platforms, including blogs, social media websites, and other forms of Internet-based communications, which allow individuals access to a broad audience of consumers.
https://thinkprogress.org/assault-weapons-manufacturer-complains-school-shootings-are-hurting-profits-7595ebc53ccb/
Hoyt
(54,770 posts)appleannie1943
(1,303 posts)should expect that a lot of people will be killed. Normal people will not feel sorry for you.
whathehell
(29,026 posts)Kajun Gal
(1,907 posts)dalton99a
(81,386 posts)tazkcmo
(7,300 posts)They both sell well.