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Sturm, Ruger & Company, Inc. (NYSE: RGR) is one of the leading manufacturers of rugged and reliable firearms for the commercial sporting market in the United States. As the only full-line manufacturer of American-made firearms, Ruger offers over 400 variations of more than 30 product lines. Their extensive catalog includes popular models such as the 10/22®, Mini-14®, Ruger American Pistol™, Ruger Precision Rifle™, SR-556® Takedown, AR-556®, LC9s®, 9E®, and Ruger American Rifle®.
Ruger’s commitment to quality and innovation is demonstrated through its award-winning products, including the Gunsite Scout Rifle, SR9c®, LCR®, and LCP®. For more than 60 years, the company has epitomized corporate and community responsibility, living up to its motto: “Arms Makers for Responsible Citizens®.”
The company operates mainly in two segments: firearms and castings. The firearms segment, which generates the maximum income, encompasses the design, manufacture, and sale of rifles, pistols, and revolvers. These products are sold primarily to federally-licensed, independent wholesale distributors in the United States. The castings segment focuses on manufacturing and selling steel investment castings and metal injection molding parts.
All of Ruger’s design and manufacturing operations are based in the United States, ensuring that almost all product content is domestic. The company’s longstanding reputation for reliability and durability, combined with its broad product range, makes it a preferred choice among shooting enthusiasts and professionals alike.
Recent achievements highlight Ruger’s continued growth and innovation in the firearm industry, as the company remains dedicated to providing high-quality, dependable products that meet the needs of every shooter.
Sturm, Ruger & Company (NYSE-RGR) reported 2024 net sales of $535.6 million and diluted earnings of $1.77 per share, compared to $543.8 million and $2.71 per share in 2023. Fourth quarter 2024 sales were $145.8 million with earnings of 62¢ per share, up from $130.6 million and 58¢ per share in Q4 2023.
The company declared a Q4 dividend of 24¢ per share, representing approximately 40% of net income. Notable achievements include the launch of several new products, including the RXM 9mm pistol in collaboration with Magpul Industries. New products represented $159.3 million or 32% of firearms sales in 2024, up from $119.0 million in 2023.
The company maintained strong financial health with $105.5 million in cash and short-term investments, no debt, and returned $46.2 million to shareholders through dividends and share repurchases. Unit sell-through to retailers increased 5% despite a 4% decrease in NICS background checks.
Sturm, Ruger & Company (NYSE:RGR) has announced it will file its Annual Report on Form 10-K on Wednesday, February 19, 2025, after market close. The company will host a webcast on Thursday, February 20, 2025, at 9:00 a.m. ET to discuss fourth quarter and year-end 2024 operating results.
The Form 10-K and earnings release containing 2024 financial statements will be available on both the SEC website and Ruger's corporate website. Interested parties can participate in the webcast, though questions during the session require pre-registration.
Ruger, a leading American firearms manufacturer, offers nearly 800 variations across more than 40 product lines under both the Ruger and Marlin brands. The company has maintained its commitment to corporate and community responsibility for over 75 years, operating under the motto 'Arms Makers for Responsible Citizens®.'
Sturm, Ruger & Company (NYSE:RGR) has announced it will release its fourth quarter and year-end 2024 financial results on Wednesday, February 19, 2025, after market close. The company will host a webcast on Thursday, February 20, 2025, at 9:00 a.m. ET to discuss the operating results.
Interested parties can participate in the webcast through a provided link or by visiting Ruger.com/corporate. Questions during the webcast will require pre-registration. The company manufactures firearms for the commercial sporting market, offering nearly 800 variations across more than 40 product lines under both the Ruger and Marlin brands.
Sturm, Ruger & Company (NYSE: RGR) has announced Todd W. Seyfert as its next President and CEO, effective March 1, 2025. Seyfert, former CEO of FeraDyne Outdoors, brings extensive experience in outdoor adventure and shooting sports industries. He succeeds Chris Killoy, who will serve as Special Advisor through May 2025 and remain on the Board.
Under Killoy's leadership since 2017, Ruger completed the significant acquisition of Marlin Firearms and navigated through the COVID-19 pandemic. Seyfert's appointment comes with a strong track record of driving corporate growth and operational excellence. At FeraDyne, he led market expansion through product development and strategic acquisitions.
The transition plan includes Killoy serving as advisor to both Seyfert and the Board until his planned retirement, ensuring continuity in leadership and strategic direction. Seyfert's previous experience includes leadership roles at ATK/Vista Outdoors, Magnum Research, and Bushnell.
Sturm, Ruger & Company reported Q3 2024 net sales of $122.3 million with diluted earnings of 28¢ per share, compared to $120.9 million and 42¢ per share in Q3 2023. For the nine months ended September 2024, net sales were $389.9 million with diluted earnings of $1.15 per share, down from $413.2 million and $2.13 per share in 2023. The Board declared a quarterly dividend of 11¢ per share. New product sales represented $113.3 million or 31.2% of firearm sales. The company's cash position remains strong with $96.0 million in cash and short-term investments, no debt, and a current ratio of 4.5 to 1.
Sturm, Ruger & Company (NYSE-RGR) announced it will release its Third Quarter 2024 financial results on October 30, 2024, after market close. The company will host a webcast on October 31, 2024, at 9:00 a.m. ET to discuss the operating results. The Form 10-Q will be available on both the SEC website and Ruger's corporate website. An earnings release containing the Q3 2024 financial statements will be issued alongside the Form 10-Q filing. The company manufactures firearms for the commercial sporting market, offering nearly 800 variations across more than 40 product lines under the Ruger and Marlin brands.
Sturm, Ruger & Company, Inc. (NYSE-RGR) has announced that it will release its third quarter 2024 financial results on Wednesday, October 30, 2024, after the stock market closes. The company will also file its Quarterly Report on Form 10-Q on the same day.
A webcast is scheduled for Thursday, October 31, 2024, at 9:00 a.m. ET to discuss the operating results. Interested parties can access the webcast through a provided link or by visiting Ruger.com/corporate. Those wishing to ask questions during the webcast must pre-register.
Sturm, Ruger & Co., Inc. is a leading manufacturer of firearms for the commercial sporting market, offering nearly 800 variations across more than 40 product lines under the Ruger and Marlin brands.
Sturm, Ruger & Company (NYSE: RGR) reported Q2 2024 results with net sales of $130.8 million and diluted earnings of 47¢ per share, down from $142.8 million and 91¢ per share in Q2 2023. For H1 2024, net sales were $267.6 million with diluted earnings of 87¢ per share. The company declared a quarterly dividend of 19¢ per share.
Despite industry decline, Ruger's sell-through to retailers increased, driven by new product demand. The company implemented efficiency measures, resulting in an 18% production increase in Q2 compared to Q1. Ruger maintains a strong balance sheet with $105.6 million in cash and short-term investments and no debt. In H1 2024, Ruger returned $27.1 million to shareholders through dividends and share repurchases.
Sturm, Ruger & Company, Inc. (NYSE: RGR) has announced it will file its Quarterly Report on Form 10-Q for the second quarter on July 31, 2024, after market close. The company will host a webcast on August 1, 2024, at 9:00 a.m. ET to discuss the operating results. Interested parties can access the webcast through a provided link or the company's website. Pre-registration is required for those wishing to ask questions during the webcast.
The Form 10-Q will be available on the SEC website and Ruger's corporate website. An earnings release containing the Q2 2024 financial statements will be issued concurrently with the filing. Investors are urged to read the complete Form 10-Q for comprehensive information to make informed investment decisions.
Sturm, Ruger & Company (NYSE: RGR) has announced that it will release its second quarter 2024 financial results on Wednesday, July 31, 2024, after the stock market closes. The company will also file its Quarterly Report on Form 10-Q on the same day. Following this, Ruger will host a webcast on Thursday, August 1, 2024, at 9:00 a.m. ET to discuss the operating results.
Interested parties can access the webcast through a provided link or by visiting Ruger.com/corporate. Those wishing to ask questions during the webcast must pre-register. Sturm, Ruger, celebrating its 75th anniversary, is a leading manufacturer of firearms for the commercial sporting market, offering nearly 800 variations across more than 40 product lines under the Ruger and Marlin brands.