earnings
confidence high
sentiment negative
materiality 0.65
Sturm Ruger Q2 EPS falls to $0.47 from $0.91; sales down 8.4% to $130.8M
STURM RUGER & CO INC
2024-Q2 EPS reported
$0.87
revenue$267,581,000
- Q2 net sales $130.8M (down 8.4% YoY); diluted EPS $0.47 vs $0.91.
- Declared quarterly dividend of $0.19/share, payable Aug 30 to holders of record Aug 15.
- First-half new product sales $79.7M (31% of firearm sales), up from $63.3M (23%) YoY.
- Repurchased 477,917 shares at avg $42.41 in H1 2024 (~3% of outstanding shares).
- Cash & short-term investments $105.6M; debt-free with current ratio 4.8x.