earnings
confidence high
sentiment negative
materiality 0.75
Sturm Ruger 2022 sales $595.8M (-18% YoY), EPS $4.96 (-44% YoY); declares 42¢ dividend
STURM RUGER & CO INC
2022-FY EPS reported
$4.96
revenue$595,842,000
- 2022 net sales $595.8M (down 18% from $730.7M); diluted EPS $4.96 (down 44% from $8.78).
- Q4 2022 net sales $149.2M (down 11% from $168.0M); diluted EPS $1.06 (down 50% from $2.14).
- Gross margin fell to 30% from 38% due to deleveraging and inflation; unit sell-through down 25%.
- Board declared Q4 dividend of 42¢/share, payable March 24, 2023 to holders of record March 10, 2023.
- Cash and short-term investments $224.3M, no debt; special dividend of $5.00/share paid Jan 5, 2023.