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Thursday, November 5, 2015

Sturm, Ruger & Co. (RGR) reported earnings on Wed 4 Nov 2015 (after close)

** charts before earnings **




** charts after earnings **






 Sturm Ruger misses by $0.08, reports revs in-line :
  • Reports Q3 (Sep) earnings of $0.62 per share, $0.08 worse than the Capital IQ Consensus of $0.70; revenues rose 22.9% year/year to $120.87 mln vs the $121.98 mln Capital IQ Consensus.
  • New products, including the AR-556 modern sporting rifle and the LC9s pistol, represented $81.1 million or 21% of firearm sales in the first nine months of 2015. New product sales include only major new products that were introduced in the past two years.
  • Inventory of the Company's products at the independent distributors increased by 19,800 units during the third quarter of 2015 and the Company's finished goods inventory increased by 45,200 units during the same period.
  • Co repurchaseed 82,100 shares of common stock in the open market at an average price of $34.57 per share, for a total of $2.8 million. 
  • At September 26, 2015, stockholders' equity was $214.1 million, which equates to a book value of $11.45 per share, of which $3.22 per share is cash.

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