Sturm Ruger (RGR) Tops Q2 EPS by 7c

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Sturm, Ruger & Company, Inc. Reports Second Quarter Diluted Earnings of $1.22 Per Share and Declares Dividend of 49ยข Per Share

August 2, 2016 5:05 PM EDT

SOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the second quarter of 2016 the Company reported net sales of $167.9 million and diluted earnings of $1.22 per share, compared with net sales of $140.9 million and diluted earnings of 91¢ per share in the second quarter of 2015.

For the six months ended July 2, 2016, net sales were $341.1 million and fully diluted earnings were $2.44 per share. For the corresponding period in 2015, net sales were $277.8 million and fully diluted earnings were $1.71 per share.

The Company also announced today that its Board of Directors declared a dividend of 49¢... More