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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) is set to announce its financial results for the second quarter of 2022 on August 3, 2022, after market close. A webcast discussing these results is scheduled for August 4, 2022, at 9:00 a.m. ET. As a leading firearm manufacturer, Sturm, Ruger emphasizes its commitment to producing reliable firearms for the commercial sporting market, with nearly 800 variations across 40 product lines. The company is cautious about future expectations due to potential market fluctuations and legislative impacts.
Sturm, Ruger & Company (NYSE: RGR) reported first-quarter 2022 net sales of $166.6 million and diluted earnings of $1.70 per share, down from $184.4 million and $2.16 per share year-over-year. The Board declared a dividend of 68¢ per share, equating to approximately 40% of net income. CEO Christopher Killoy noted a 10% sales reduction due to decreased consumer demand for firearms, as indicated by a 21% decrease in unit sell-through and a 23% decline in background checks. Gross margin fell to 34.9% due to inflationary pressures, while cash and short-term investments are at $211.6 million.
Sturm, Ruger & Company will file its Quarterly Report on Form 10-Q on May 4, 2022, after market hours. A webcast to discuss first-quarter results is scheduled for May 5, 2022, at 9:00 a.m. ET, accessible via Ruger.com/corporate or by calling 855-871-7398 (participant code 1188423).
The Form 10-Q and earnings release will be available on the SEC.gov and Ruger.com/corporate. An Annual Meeting of Shareholders will occur virtually on June 1, 2022, at 9 a.m. ET.
Sturm, Ruger & Company, Inc. (NYSE:RGR) will announce its first quarter 2022 financial results on May 4, 2022, after market close. A webcast discussing the results will occur on May 5, 2022, at 9:00 a.m. ET. Interested parties can access the webcast via Ruger.com/corporate. Additionally, the company will hold a virtual Annual Meeting of Shareholders on June 1, 2022, at 9:00 a.m. ET. Ruger is recognized for manufacturing reliable firearms and emphasizes its commitment to quality and community responsibility.
Sturm, Ruger & Company (NYSE:RGR) has rescheduled its 2022 Annual Meeting of Stockholders from May 9, 2022 to June 1, 2022, due to administrative reasons. The meeting will be conducted virtually, with further details to be provided in late April. Ruger is a prominent manufacturer of firearms with a commitment to quality and responsibility, offering a wide range of products made in America. The company acknowledges potential risks that could impact future sales and operations, emphasizing that forward-looking statements should be approached cautiously.
Sturm, Ruger & Company (NYSE-RGR) reported net sales of $730.7 million and diluted earnings of $8.78 per share for 2021, marking a 28% increase in sales from 2020. In Q4 2021, net sales reached $168.0 million with diluted earnings of $2.14 per share. The company declared a dividend of 86¢ per share for Q4, approximately 40% of net income. New product sales amounted to $155.5 million or 22% of total firearm sales. The company’s cash and short-term investments were $221 million, with no debt, supporting potential acquisitions and capital investments.
Sturm, Ruger & Company (NYSE:RGR) will file its Annual Report on Form 10-K on February 23, 2022, after market close. A conference call will be held on February 24, 2022, at 9:00 a.m. ET to discuss 2021 operating results. Interested parties can join via Ruger.com/corporate or by calling 855-871-7398 with participant code 7268098. The Form 10-K and the 2021 financial statements will be available on the SEC and Ruger websites.
Sturm, Ruger & Company, Inc. (NYSE:RGR) will release its financial results for Q4 and year-end 2021 on February 23, 2022, post-market close. A webcast to discuss these results will be held on February 24, 2022, at 9:00 a.m. ET. Interested participants can join via Ruger.com/corporate or by calling 855-871-7398 (participant code 7268098). Ruger emphasizes its commitment to quality manufacturing of firearms for over 70 years, maintaining a reputation for corporate and community responsibility.
Sturm, Ruger & Company (NYSE-RGR) reported a strong performance in Q3 2021, achieving net sales of $178.2 million and diluted earnings of $1.98 per share, up from $145.7 million and $1.39 per share in Q3 2020. For the first nine months, net sales reached $562.7 million, marking a significant increase from $399.6 million in 2020. The company declared a dividend of 79¢ per share, approximately 40% of net income. Despite a temporary shutdown, production rose by 22% year-over-year. Ruger continues to see strong demand for new products, contributing to overall growth.
Sturm, Ruger & Company (NYSE:RGR) will file its Quarterly Report on Form 10-Q on November 3, 2021, after market close. A webcast discussing the third quarter results is scheduled for November 4, 2021, at 9:00 a.m. ET. Interested parties can join via Ruger.com/corporate or by calling 855-871-7398, participant code 5189611. The 10-Q will be available on the SEC website and Ruger’s website following the filing. An earnings release with financial statements will also be issued at that time.
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