Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-31T15:33:00+00:00
Guns and ammunition retailers have faced financial distress, leading to store closings and bankruptcy filings as sales have fallen significantly over the last two years. Industry experts believe some of the decline in sales might have resulted from buyers delaying purchases to take advantage of the reduction in the National Firearms Act tax from $200 to $0 beginning Jan. 1, 2026, the National Rifle Association'sAmerican Riflemanreported. The decline of sales, however, has continued in 2026. Financial issues had led firearms and ammunition retailerWhite Oak Armory LLCto file for Chapter 11 bankruptcy to reorganize its business, owing a disputed tax debt to theTennessee Department of Revenue. White Oak Armoryfiled its petition in the U.S. Bankruptcy Court for the Eastern District of Tennesse
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.