Sturm Ruger (RGR) Misses Q2 EPS by 54c, Sales Miss
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Sturm, Ruger & Company, Inc. Reports Second Quarter Diluted Earnings of 57¢ Per Share and Declares Dividend of 23¢ Per Share
August 2, 2017 5:05 PM EDTSOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the second quarter of 2017 the Company reported net sales of $131.9 million and diluted earnings of 57¢ per share, compared with net sales of $167.9 million and diluted earnings of $1.22 per share in the second quarter of 2016.
For the six months ended July 1, 2017, net sales were $299.2 million and diluted earnings were $1.79 per share. For the corresponding period in 2016, net sales were $341.1 million and diluted earnings were $2.44 per share.
The Company also announced today that its Board of Directors declared a dividend of 23¢ per share for the... More
