secwatch.observer — SEC 8-K summary
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Issuer:     STURM RUGER & CO INC (RGR)
CIK:        0000095029
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001174947-23-000708
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sturm, Ruger Q1 EPS falls to $0.81 from $1.70; sales down 10% YoY
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- Net sales $149.5M vs $166.6M YoY; diluted EPS $0.81 vs $1.70.
- Gross margin declined to 26% from 35% due to deleveraging, inflation, product mix shift.
- Quarterly dividend $0.32/share declared, payable May 31; plus $5.00 special dividend paid in Q1.
- Cash & short-term investments $130M, no debt; book value $18.19/share.
- New product sales $30M (21% of firearm sales); lower consumer demand cited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/95029/000117494723000708/0001174947-23-000708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/95029/000117494723000708/form8k-30100_rgr.htm
  HTML page:      https://secwatch.observer/filing/0001174947-23-000708

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer