Sturm Ruger (RGR) Tops Q4 EPS by 13c

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Sturm, Ruger & Company, Inc. Reports 2015 Fully Diluted Earnings of $3.21 Per Share and Declares Dividend of 35ยข Per Share

February 24, 2016 5:05 PM EST

SOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for 2015 the Company reported net sales of $551.1 million and fully diluted earnings of $3.21 per share, compared with net sales of $544.5 million and fully diluted earnings of $1.95 per share in 2014. In the fourth quarter of 2014, the Company recorded an expense of $41.0 million related to the termination and settlement of its defined-benefit pension plans. Excluding this expense, 2014 fully diluted earnings were $3.22 per share.

For the fourth quarter of 2015, net sales were $152.4 million and fully diluted earnings were 88¢ per share. For the corresponding period in 2014, net sales were... More