Sturm, Ruger & Company reported Q4 2022 net sales of $149.2 million and diluted earnings of $1.06 per share. The company's Board of Directors declared a dividend of 42¢ per share for the fourth quarter.
Net sales for Q4 2022 were $149.2 million.
Diluted earnings for Q4 2022 were $1.06 per share.
The Board of Directors declared a dividend of 42¢ per share for Q4.
Consumer demand in 2022 was below the level of demand in 2021, dampened in part by inflationary pressures.
The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected.
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