Sturm Ruger Stock Price, News & Analysis

Sturm, Ruger & Company (NYSE-RGR) reported a strong first quarter of 2021 with net sales of $184.4 million and diluted earnings of $2.16 per share, a significant increase from $123.6 million and 87¢ in Q1 2020. The Board declared a dividend of 86¢ per share, reflecting approximately 40% of net income. Key growth drivers included a 9% increase in unit sell-through and a 21% contribution from new products. Cash provided by operations was $27.8 million, with no debt and a current ratio of 3.5 to 1.

Sturm, Ruger & Company (RGR) is set to file its Quarterly Report on Form 10-Q on May 5, 2021, after market close. A webcast discussion regarding first quarter operating results will be held on May 6, 2021, at 9:00 a.m. ET, accessible at Ruger.com/corporate or via phone at 855-871-7398 (code: 2584342). The Form 10-Q and earnings release will be available on the SEC and Ruger websites post-filing. A virtual Annual Meeting for shareholders is scheduled for May 12, 2021, at 9 a.m. ET.

Sturm, Ruger & Company (NYSE-RGR) will report its Q1 2021 financial results on May 5, 2021, after market close. A webcast to discuss these results is scheduled for May 6 at 9:00 a.m. ET. Additionally, a virtual Annual Meeting of Shareholders is set for May 12 at 9:00 a.m. ET, open to all interested parties. Sturm, Ruger is a leading firearms manufacturer offering nearly 800 product variations. The company emphasizes its commitment to quality and community responsibility, underlining its motto: 'Arms Makers for Responsible Citizens.'

Sturm, Ruger & Company, Inc. (NYSE-RGR) reported significant growth in 2020, achieving net sales of $568.9 million and diluted earnings of $5.09 per share, compared to $410.5 million and $1.82 in 2019. Q4 net sales reached $169.3 million, up from $105.1 million year-over-year. The company declared a dividend of 71¢ per share for Q4 2020. CEO Christopher J. Killoy highlighted increased production and new product launches as key factors for continued growth in 2021, alongside a strong market demand reflected by a 60% increase in background checks. Total cash and short-term investments were $141.2 million.

Sturm, Ruger & Company (NYSE-RGR) will file its Annual Report on Form 10-K on February 17, 2021, after the stock market closes. A webcast to discuss the fourth quarter and year-end 2020 operating results is scheduled for February 18, 2021, at 9:00 a.m. ET. Interested parties can join the discussion via Ruger.com/corporate or by calling 855-871-7398 with participant code 7579785. The Form 10-K and earnings release will be available at SEC.gov and Ruger.com/corporate.

Sturm, Ruger & Company, Inc. (NYSE-RGR) will release its fourth quarter and year-end 2020 financial results on February 17, 2021, post market close. The company will then host a webcast on February 18, 2021, at 9:00 a.m. ET to discuss the results. As a major firearms manufacturer, Sturm, Ruger produces nearly 800 variations across more than 40 product lines. The company emphasizes its commitment to corporate responsibility and quality firearms, having operated for over 70 years.

Sturm, Ruger & Company (NYSE-RGR) has successfully acquired substantially all Marlin Firearms assets for approximately $28.3 million, concluding on November 23, 2020. This acquisition, stemming from the Remington Outdoor Company bankruptcy, was sanctioned by the United States Bankruptcy Court on September 30, 2020. CEO Christopher J. Killoy expressed enthusiasm about integrating Marlin into Ruger's product line, highlighting the eagerness from the firearms community for the reintroduction of legendary Marlin rifles in late 2021.

Sturm, Ruger & Company (NYSE-RGR) reported strong financial results for Q3 2020, with net sales of $145.7 million and diluted earnings of $1.39 per share, up from $95.0 million and 27¢ per share in Q3 2019. For the nine months ending September 26, 2020, net sales reached $399.6 million, compared to $305.4 million the previous year. The company declared a dividend of 56¢ per share, reflecting approximately 40% of net income. Increased consumer demand for firearms drove a 50% rise in unit sell-through, while cash and short-term investments totaled $133.6 million.

Sturm, Ruger & Company (NYSE-RGR) will file its Quarterly Report on Form 10-Q on October 28, 2020, after market close. A webcast to discuss third quarter results is scheduled for October 29, 2020, at 9:00 a.m. ET, accessible via Ruger.com/corporate or by calling 855-871-7398 (participant code 7593918). The Form 10-Q will be available on SEC.gov and Ruger's website. The earnings release with financial statements will accompany the Form 10-Q. Investors are advised to review the complete filing for informed decision-making.