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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 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.
Sturm, Ruger & Company, Inc. reported a diluted earnings of 40¢ per share for the first quarter of 2024, with net sales at $136.8 million. The company declared a 16¢ per share dividend for the same period and stated a reduction in force impacting 80 employees. Despite a decline in the overall firearms market, sales of new products increased and the company focused on increasing production to meet demand.
Sturm, Ruger & Company, Inc. (NYSE-RGR) will report its first quarter results on May 7, 2024, and host a webcast on May 8, 2024, to discuss the operating results. The Quarterly Report on Form 10-Q will be filed, containing financial statements for the first quarter of 2024. Interested parties can listen to the webcast via Ruger's website or the provided link. Investors are encouraged to read the complete Form 10-Q for informed investment decisions.
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