Sturm Ruger (RGR) Reports Q3 EPS of $0.27

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Sturm, Ruger & Company, Inc. Reports Third Quarter Diluted Earnings of 27¢ Per Share, Cash and Short-term Investments of $137 Million With No Debt, and Dividend of 11¢ Per Share

November 7, 2019 5:05 PM EST

SOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the third quarter of 2019 the Company reported net sales of $95.0 million and diluted earnings of 27¢ per share, compared with net sales of $114.9 million and diluted earnings of 52¢ per share in the third quarter of 2018.

For the nine months ended September 28, 2019, net sales were $305.4 million and diluted earnings were $1.37 per share. For the corresponding period in 2018, net sales were $374.5 million and diluted earnings were $2.19 per share.

The Company also announced today that its Board of Directors declared a dividend of 11¢ per share for the... More