Why Ammo's Future Plans Are More Important Than Its Current Performance

Ammunition manufacturer Ammo Inc. (NASDAQ: POWW) scored yet another direct hit with the fiscal 2022 second-quarter results it reported after the close on Nov. 15, with strong beats on the top and bottom lines. Revenue exploded upward, while earnings rose solidly.

But Ammo's past successes are only as good for investors as the strategy that management implements to use them as a springboard into the future. Right now, that future looks sunny. Here's what Ammo has in store, and why the long-term picture looks bullish.

Image source: Getty Images.

Source Fool.com