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Remington eyes handgun sales, but offers few options

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  • Remington eyes handgun sales, but offers few options

    Remington eyes handgun sales, but offers few options

    The Remington RM380 propped up against a box. (Photo: EDC Forums)

    Remington Arms has been slow out the gate at producing handguns, but senior managers told investors last week that they’ve been eyeing the pistol market.

    “The overall handgun market continues to experience strong growth … primarily in the polymer pistol, subcompact and micro pistol categories where we currently have limited product offerings,” said Jim Marcotuli, Remington’s chief executive officer, in his opening remarks during a conference call with investors.

    He said the federal background check system, which serves as the barometer for gun sales, has shown a 20.8 percent increase from last year for handguns. While he did not specify whether or not Remington would be introducing new designs to compete in the market, he did explain the recent launch of a Remington self-defense pistol would set the tone for future launches.

    “The RM380 has done well commercially and our successful launch will serve as a foundation process for future launches,” he said.

    The company reported a lackluster second quarter despite steady demand for AR-style rifles. When asked about how handgun sales contributed to Remington’s balance sheets, Marcotuli gave a hopeful response.

    “As far as a meaningful contribution, look, we’re gaining traction every time we launch a new handgun product, so we’re positioning ourselves into that market. Although we’re still a small player, so incrementally as a new product launch, it’s absolutely helping our overall performance,” he said.

    Remington has two handgun series listed that fit the category for concealed carry that include the RM380 and the R51. The latter was introduced in January 2014, but briefly discontinued it later that year due to poor performance reviews. The RM380 shipped out about halfway through 2015.

    According to financial filings released last week, Remington reported $204.3 million in second quarter sales, an increase of $2.2 million from last year. However, the company still operated with $4.6 million loss.
    Pat ------> NRA Lifetime Endowment Member #FAAFO

  • #2
    rem bought para and was supposed to put there name on the brand ???


    • #3
      Originally posted by M-14BULLETTS
      rem bought para and was supposed to put there name on the brand ???
      Remington bought Para? Damn, so no more Para Ordnance 1911's...hope it's not like the Remlins.
      “Justice will not be served until those who are unaffected are as outraged as those who are." - Benjamin Franklin


      • #4
        R51 is back, I got my replacement couple of months ago. So far so good, I'm glad I have it. Sweet little pistol with much softer recoil than I expected for a pistol of its size in 9mm.


        • #5
          Had such high hopes for the r51...really hope they fixed that.

          Also the rm380 is basically their rohrburgh, no?
          High quality building supplies since 1948! Friendly FFL transfers of long guns, receivers, and ammunition. Feel free to call us at 516 741 4466


          • #6
            Originally posted by sheeple

            Remington bought Para? Damn, so no more Para Ordnance 1911's...hope it's not like the Remlins.
            i bought the top of the line para p-14-45 limited and had nothing but troubles with it, lots of birth defects . seven times back to para and they could not find / fix all the problems . would not replace the gun .
            their customer service sucked , send a gun in and wait , no calls no answers .. the gun spent more time in para than my house ,


            • #7
              The Remington R1 is a made in the USA 1911 that can be purchased for under $500. It is a unique design insofar it is retro looking but not a throwback-it's sort of a hybrid (Has modern 3 dot sights).
              Remington produced hundreds of thousands of 1911 pistols for the US Military during WWII. Know how many Ruger built? Smith & Wesson?? ZERO.
              Mine has been flawless past a thousand rounds. I wonder why people haven't warmed up to the R1 since the RIA Phillipine made cheap 1911's are so popular.

              I love mine and here's the best part: I bought a made in NY 1911 and didn't pay NYS sales tax on it. Fuck you Cuomo. I bought it online and had it shipped. It cost $450.00. Everytime I shoot it I feel bad for the people who spent a grand on a 105 yr old pistol design.

              Regarding the R51, the idea people at Remmington seem to be doing a good job. They need to build good shit though.