earnings
confidence high
sentiment negative
materiality 0.75
Sturm Ruger Q3 diluted EPS 28¢ vs 42¢ YoY; net sales $122.3M
STURM RUGER & CO INC
2024-Q3 EPS reported
$1.15
revenue$389,868,000
- Diluted EPS 28¢ for Q3 2024 vs 42¢ in Q3 2023; nine-month EPS $1.15 vs $2.13 YoY.
- Net sales $122.3M (Q3) vs $120.9M prior year; nine-month sales $389.9M vs $413.2M.
- Declared quarterly dividend of 11¢ per share, payable Nov 27, 2024, to holders of record Nov 13.
- Purchased 699,000 shares in first nine months at avg cost $41.99/share, returning $29.3M to shareholders.
- New product sales $113.3M, 31.2% of firearm sales; inventories down 125k units from prior year.