Sturm, Ruger & Company, Inc. designs, manufactures, and sells firearms under the Ruger trademark in the United States. The company offers single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; over-and-under shotguns; and accessories and replacement parts, as well as manufactures steel investment castings and metal injection molding (MIM) parts. It sells its firearm products through independent wholesale distributors to commercial sporting market; and castings and MIM parts directly or through manufacturers’ representatives. The company also exports its firearm products through a network of commercial...
Southport, CT 06890
Founded in 1949
Sturm, Ruger & Co. Inc. Reports Unaudited Earnings and Operating Results for the Second Quarter and Six Months Ended June 27, 2015; Provides CapEx Guidance for 2015
Jul 28 15
Sturm, Ruger & Co. Inc. reported unaudited earnings results for the second quarter and six months ended June 27, 2015. For the quarter, the company reported total net sales of $140,872,000 against $153,657,000 a year ago. Operating income was $26,693,000 against $33,047,000 a year ago. Income before income taxes was $27,273,000 against $33,141,000 a year ago. Net income and comprehensive income was $17,560,000 or $0.91 per diluted share against $22,286,000 or $1.12 per diluted share a year ago. EBITDA was $36,194,000 against $42,117,000 a year ago.
For the six months, the company reported total net sales of $277,827,000 against $323,542,000 a year ago. Operating income was $50,487,000 against $71,017,000 a year ago. Income before income taxes was $51,496,000 against $71,439,000 a year ago. Net income and comprehensive income was $33,063,000 or $1.71 per diluted share against $46,605,000 or $2.34 per diluted share a year ago. Cash provided by operating activities was $80,864,000 against $35,576,000 a year ago. Property, plant and equipment additions were $16,259,000 against $22,817,000 a year ago. EBITDA was $69,414,000 against $89,392,000 a year ago.
The company estimates that its capital expenditures in 2015 will be approximately $30 million. The primary focus for investment continues to be new product development.
Sturm, Ruger & Co. Inc. Declares Dividend for the Second Quarter of 2015, Payable on August 28, 2015
Jul 28 15
Sturm, Ruger & Co. Inc. announced that its Board of Directors declared a dividend of 36 cents per share for the second quarter for stockholders of record as of August 14, 2015, payable on August 28, 2015. This dividend is approximately 40% of net income.
Sturm, Ruger & Co. Inc. to Report Q2, 2015 Results on Jul 28, 2015
Jul 15 15
Sturm, Ruger & Co. Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 28, 2015