I've seen some pictures of people walking out with mountains of toilet paper as well, but I don't think that was the norm. It's not three guys making off with a truckload, it's a lot of people buying and extra package or two, enough for the next six weeks which will quickly deplete the aisles, since stores are operating without storage space (because storage is expensive, and stored goods are dead capital), so they have no reserves.

Also, from my personal experience, it's a distribution problem. There is enough toilet paper, but it's sold out at some stores while others have more than enough. Can't level that out though, because margins are thin and the companies would lose money.