re: #242 William Lewis

Walmart to cease selling certain guns and ammo across US stores; cease all sales of handguns; certain ammo will be sold until stock runs out. https://t.co/i1CWhJoSUj

— lawhawk (@lawhawk) September 3, 2019

Today, we’re sharing the decisions we’ve made that go further:

After selling through our current inventory commitments, we will discontinue sales of short-barrel rifle ammunition such as the .223 caliber and 5.56 caliber that, while commonly used in some hunting rifles, can also be used in large capacity clips on military-style weapons;
We will sell through and discontinue handgun ammunition; and
We will discontinue handgun sales in Alaska, marking our complete exit from handguns.
We know these decisions will inconvenience some of our customers, and we hope they will understand. As a company, we experienced two horrific events in one week, and we will never be the same. Our remaining assortment will be even more focused on the needs of hunting and sport shooting enthusiasts. It will include long barrel deer rifles and shotguns, much of the ammunition they require, as well as hunting and sporting accessories and apparel. We believe these actions will reduce our market share of ammunition from around 20% to a range of approximately 6 to 9%. We believe it will likely drift toward the lower end of that range, over time, given the combination of these changes.