Ruger Q2 EPS $0.91 vs $1.17 YoY; sales flat at $142.8M; declares $0.36 dividend

STURM RUGER & CO INC

2023-Q2 EPS reported $1.72 revenue$292,257,000

Net sales $142.8M (flat YoY); diluted EPS $0.91 vs $1.17; gross margin fell to 27% from 31%.
Quarterly dividend $0.36/share payable Aug 30, 2023 to holders of record Aug 15, ~40% of net income.
First-half unit sell-through to retailers down 7% YoY; NICS background checks down 4%.
Cash and short-term investments $137.7M; no debt; 2023 capex expected ~$20M.
New products represented $63.3M (23% of firearm sales); three pistols added to California roster.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

STURM RUGER & CO INC reported six months ended July 1, 2023 results: revenue $292.3 million, EPS $1.72 per share.

Period: six months ended July 1, 2023
Revenue: $292.3 million
EPS: $1.72 per share
Result: reported results

Exact text from the filing

For the six months ended July 1, 2023, net sales were $292.3 million and diluted earnings were $1.72 per share.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

STURM RUGER & CO INC reported second quarter of 2023 results: revenue $142.8 million, EPS 91¢ per share.

Period: second quarter of 2023
Revenue: $142.8 million
EPS: 91¢ per share
Result: reported results

Exact text from the filing

For the second quarter of 2023, net sales were $142.8 million and diluted earnings were 91¢ per share.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

STURM RUGER & CO INC filing history →

Source: SEC EDGAR

accession 0001174947-23-000968

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