secwatch.observer — SEC 8-K summary
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Issuer:     STURM RUGER & CO INC (RGR)
CIK:        0000095029
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001174947-24-000244
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ruger reports FY2023 EPS $2.71, down 45%; Q4 EPS $0.58; declares $0.23 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/95029/000117494724000244/0001174947-24-000244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/95029/000117494724000244/form8k-31563_rgr.htm
  HTML page:      https://secwatch.observer/filing/0001174947-24-000244

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