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Acusport going into bankruptcy
Posted: Wed May 02, 2018 4:22 pm
by Gramps
Acusport, a very large firearms distributor files bankruptcy due to Trumps election.
http://www.examiner.org/news/96306-acus ... tcy-filing
Re: Acusport going into bankruptcy
Posted: Wed May 02, 2018 7:19 pm
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.
Re: Acusport going into bankruptcy
Posted: Thu May 03, 2018 5:08 am
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.
Re: Acusport going into bankruptcy
Posted: Thu May 03, 2018 7:36 am
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.