Ammo discontinued

[Double Naught Spy]

Hopefully Federal's new owner will be able to worry about making ammo and components rather than worry about quarterly financials and making woke Wall Street investors happy.

All major manufacturers are worried about quarterly financials. You cannot run a major business and not worry about the financials, plain and simple. The making of ammunition is absolutely reliant upon finances that are summarized in the quarterly reports. The company and/or its parent will make a lot of decisions regarding the operation of the company based on the quarterly financials. There is just no way to get away from that.

As for making "woke Wall Street investors happy," probably not a lot of woke people invest in gun stuff. So the folks at federal would have worried about their regular investors, as does the current owner, Vista, and future owner CSG, who has publicly traded shares as well, but in Prague.

It is sort of a frying pan/fire sort of issue, especially when ownership is transferred overseas.

There is no way to get away from the significance of bean counting.