Sturm Ruger (RGR) Tops Q3 EPS by 42c, Revenues Beat

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Sturm, Ruger & Company, Inc. Reports Third Quarter Diluted Earnings of $1.39 Per Share and Declares Quarterly Dividend of 56¢ Per Share

October 28, 2020 5:05 PM EDT

SOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the third quarter of 2020 the Company reported net sales of $145.7 million and diluted earnings of $1.39 per share, compared with net sales of $95.0 million and diluted earnings of 27¢ per share in the third quarter of 2019.

For the nine months ended September 26, 2020, net sales were $399.6 million and diluted earnings were $3.31 per share. For the corresponding period in 2019, net sales were $305.4 million and diluted earnings were $1.37 per share.

The Company also announced today that its Board of Directors declared a dividend of 56¢ per share for... More