Smith & Wesson’s latest quarterly report—issued last week for the three-month period ending Jan. 31—reflects a 102.2 percent increase over the same timeframe last year.
In the 31-day period since the end of Virginia's one-gun-a-month limit, slightly more than 29,000 firearm transactions were recorded—reflecting a 17 percent leap from the last month the restrictions were in place, according to the Virginia Firearms Transaction Center.
Revealing new data from Virginia dispels many of the myths put forth by anti-gun organizations shows. Gun-related violence in the Commonwealth of Virginia has dropped to period lows, while firearms sales have soared to record levels.
Firearm-sales records were set, shattered, then set again in 2020, and show no signs of slowing down coming into 2021.
Volume of firearm purchases in October that resulted in an FBI NICs background check was the second highest for the 31-day reporting period on record, lagging only behind the scalding pace in 2020 when the pandemic and social unrest drove transfers to all-time highs.
Reflecting a national trend, firearm-related violent crime continues to plummet in Virginia as the sales of firearms soar, an indicator reported by a leading state newspaper as particularly inconsistent, "given the current rhetoric about strengthening gun laws."