Sturm, Ruger & Company more than triples Q2 EPS on strong gun sales
After Tuesday's closing bell, gun maker Sturm, Ruger & Company (NYSE: RGR) reported net sales of $39.6 million, or $0.22 per share, for the second quarter ended June 30. During the same three months of 2006, the Southport, Conn.-based company reported $29.2 million in net income, or $0.06 per share.
The company, founded in 1949, saw a $10 million increase in firearms sale
During today's trading, shares of the small-cap company were up $1.69, or 10.02%, at $18.55. Over the last 52 weeks, shares have ranged between $5.70 and $18.63.
