Sturm Ruger (RGR) Misses Q3 EPS by 31c

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Go back to Sturm Ruger (RGR) Misses Q3 EPS by 31c

Sturm, Ruger & Company, Inc. Reports Third Quarter Diluted Earnings of 53¢ Per Share and Declares Dividend of 21¢ Per Share

October 31, 2017 5:05 PM EDT

SOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE: RGR) announced today that for the third quarter of 2017 the Company reported net sales of $104.8 million and diluted earnings of 53¢ per share, compared with net sales of $161.4 million and diluted earnings of $1.03 per share in the third quarter of 2016.

For the nine months ended September 30, 2017, net sales were $404.0 million and diluted earnings were $2.32 per share. For the corresponding period in 2016, net sales were $502.5 million and diluted earnings were $3.48 per share.

The Company also announced today that its Board of Directors... More