Sturm Ruger (RGR) Misses Q2 EPS by 33c

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Sturm, Ruger & Company, Inc. Reports Second Quarter Diluted Earnings of $1.17 Per Share and Declares Quarterly Dividend of 47ยข Per Share

August 3, 2022 5:05 PM EDT

SOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the second quarter of 2022 the Company reported net sales of $140.7 million and diluted earnings of $1.17 per share, compared with net sales of $200.1 million and diluted earnings of $2.50 per share in the second quarter of 2021.

For the six months ended July 2, 2022, net sales were $307.2 million and diluted earnings were $2.87 per share. For the corresponding period in 2021, net sales were $384.4 million and diluted earnings were $4.66 per share.

The Company also announced today that its Board of Directors declared a dividend of 47¢ per share for... More