earnings
confidence high
sentiment negative
materiality 0.75
Ruger Q3 EPS $1.03, sales $139.4M down 22% YoY; declares $0.41/share dividend
STURM RUGER & CO INC
2023-FY EPS reported
$1.03
revenue$139,390,000
- Q3 diluted EPS $1.03 vs $1.98; net sales $139.4M vs $178.2M, down 22%.
- 9-month diluted EPS $3.90 vs $6.64; sales $446.6M vs $562.7M.
- Gross margin fell to 28% from 36% due to fixed-cost deleverage and inflation.
- Declared $0.41/share dividend (40% of net income), payable Nov 30, record Nov 16.
- Debt-free balance sheet; cash $215.2M; purchased NC facility for $8.3M.