Picture of Sturm, Ruger & Company logo

RGR — Sturm, Ruger & Company News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedMid CapHigh Flyer

Brief: Sturm Ruger Q2 EPS USD -1.05

Overview

Sturm Ruger Q2 net sales rise to $132.5 mln from $130.8 mln in 2024

Diluted loss per share of $1.05 due to strategic initiatives aimed at reorganization and realignment

Declares Quarterly Dividend of 16¢ Per Share

Co expands with $16 mln acquisition in Kentucky to boost capacity

Outlook

Company expects capital expenditures to increase in latter half of 2025

Sturm Ruger anticipates challenges and potential industry consolidation this year

Company's acquisition aims to strengthen manufacturing capabilities and product offerings

Sturm Ruger remains committed to long-term growth despite market dynamics

Result Drivers

STRATEGIC INITIATIVES - $17 mln inventory  and related other asset write-off, $5.7 mln product rationalization and SKU reduction, and $3.7 mln organizational realignment impacted Q2 results

NEW PRODUCT SALES - New products introduced in the qtr accounted for $42.2 mln or 33.5% of firearm sales

KENTUCKY EXPANSION - $16 mln acquisition of a manufacturing facility in Kentucky to boost capacity and broaden product offerings

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Firearms Sales$131.57 mln
Q2 EPS-$1.05
Q2 Basic EPS-$1.05
Q2 Gross Profit$5.15 mln
Q2 Operating Income-$20.72 mln
Q2 Pretax Profit-$19.39 mln
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the recreational products peer group is "buy" Wall Street's median 12-month price target for Sturm Ruger & Company Inc is $41.00, about 15.6% above its July 30 closing price of $34.62 Press Release: ID:nBwc7GG0ga (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Sturm, Ruger & Company

See all news