Sturm Ruger (RGR) Tops Q4 EPS by 21c, Revenue Misses Consensus
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Sturm, Ruger & Company, Inc. Reports 2021 Diluted Earnings of $8.78 Per Share and Declares Dividend of 86ยข Per Share
February 23, 2022 5:05 PM ESTSOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for 2021 the Company reported net sales of $730.7 million and diluted earnings of $8.78 per share, compared with net sales of $568.9 million and diluted earnings of $5.09 per share in 2020.
For the fourth quarter of 2021, net sales were $168.0 million and diluted earnings were $2.14 per share. For the corresponding period in 2020, net sales were $169.3 million and diluted earnings were $1.78 per share. Diluted earnings per share in the fourth quarter of 2021 were increased by 18¢ due to a reduction in the effective income tax rate for the year which was... More
