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Jul 03, 2021
Sturm Ruger Q2 2021 Earnings Report
Reported an increase in net sales and diluted earnings per share for the second quarter of 2021.
Key Takeaways
Sturm, Ruger & Company reported net sales of $200.1 million and diluted earnings of $2.50 per share for the second quarter of 2021, compared to $130.3 million and $1.05 per share in the second quarter of 2020. The company's board declared a dividend of $1.00 per share for the second quarter.
Net sales for the second quarter of 2021 were $200.1 million, compared to $130.3 million in the second quarter of 2020.
Diluted earnings per share for the second quarter of 2021 were $2.50, compared to $1.05 in the second quarter of 2020.
The company declared a dividend of $1.00 per share for the second quarter.
New product development remains among the company's highest priorities.
Forward Guidance
The company plans to begin shipping Marlin lever action rifles in the fourth quarter.
Positive Outlook
- Continued strengthening of workforce
- Increased productivity
- Strong demand
- Seventh consecutive quarterly increase in production
- Reduced level of Ruger inventory
Historical Earnings Impact
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Avg. Return Before/After Earnings
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