Acusport going into bankruptcy

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Gramps
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Acusport going into bankruptcy

Post by Gramps »

Acusport, a very large firearms distributor files bankruptcy due to Trumps election. http://www.examiner.org/news/96306-acus ... tcy-filing
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Bruenor
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Re: Acusport going into bankruptcy

Post by Bruenor »

The limited time Trump has been in office shouldn't be enough to completely crush a firearms company unless they way overextended themselves betting on a different horse getting into office to foster a continued panic buying market.
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Gramps
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Re: Acusport going into bankruptcy

Post by Gramps »

Bruenor wrote:The limited time Trump has been in office shouldn't be enough to completely crush a firearms company unless they way overextended themselves betting on a different horse getting into office to foster a continued panic buying market.
I agree 100%. The article details a lot of improvements and cost overruns the company dealt with in the recent past.
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WY_Not
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Re: Acusport going into bankruptcy

Post by WY_Not »

Mom worked there. It is a management issue that has nothing to do with the election or the current POTUS. They burned through a LOT of cash when things were flush and failed to set enough of it aside for the lean times. They cut large numbers of clients. They have no one to blame but themselves.
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