earnings
confidence high
sentiment negative
materiality 0.80
Ruger reports FY2023 EPS $2.71, down 45%; Q4 EPS $0.58; declares $0.23 dividend
STURM RUGER & CO INC
2023-FY EPS reported
$2.71
revenue$543,767,000
- Full-year net sales $543.8M, down 9% from $595.8M; diluted EPS $2.71 vs $4.96 in 2022.
- Q4 2023 net sales $130.6M, diluted EPS $0.58, compared to $149.2M and $1.06 in Q4 2022.
- Gross margin declined to 25% from 30% due to lower production, inflation, and mix shift.
- Board declared a $0.23 per share dividend for Q4, payable March 28 to holders of record March 15.
- Cash and short-term investments $117.7M; no debt; current ratio 4.3:1.