Sturm Ruger (RGR) Posts Q1 EPS of 81c

Sturm Ruger (NYSE: RGR) reported Q1 EPS of $0.81, which may not compare with the analyst estimate of $0.65. Revenue for the quarter came in at $137 million versus the consensus estimate of $117.47 million.

• In the first quarter of 2015, net sales and the estimated sell-through of the Company’s products from the independent distributors to retailers increased 12% and 15%, respectively, from the fourth quarter of 2014. The National Instant Criminal Background Check System background checks (as adjusted by the National Shooting Sports Foundation) decreased 15% during the same period.
• Inventory of the Company’s products at the independent distributors decreased by 64,700 units during the first quarter of 2015 and the Company’s finished goods inventory decreased by 53,100 units during the same period.

For earnings history and earnings-related data on Sturm Ruger (RGR) click here.

You May Also Be Interested In

• Meta stock jumps 5% premarket: Analysts bullish on new Muse AI agent
• ABM Industries (ABM) PT Raised to $51.50 at UBS, Neutral Rating Maintained
• Goldman Sachs hosts investor trip to Athens with Greek banks