Sturm Ruger (RGR) Misses Q1 EPS by 12c, Revenues Miss
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Sturm, Ruger & Company, Inc. Reports First Quarter Diluted Earnings of 74¢ Per Share and Declares Dividend of 29¢ Per Share
May 7, 2019 5:05 PM EDTSOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the first quarter of 2019 the Company reported net sales of $114.0 million and diluted earnings of 74¢ per share, compared with net sales of $131.2 million and diluted earnings of 81¢ per share in the first quarter of 2018.
The Company also announced today that its Board of Directors declared a dividend of 29¢ per share for the first quarter for stockholders of record as of May 17, 2019, payable on May 31, 2019. This dividend varies every quarter because the Company pays a percentage of earnings rather than a fixed amount per... More
