Sturm, Ruger & Company, Inc. Reports Second Quarter Earnings of 46¢ Per Share and Declares Dividend of 12.3¢ Per Share
July 30, 2009
July 29, 2009
Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the second quarter of 2009, the Company reported net sales of $72.4 million and earnings of 46¢ per share, compared with sales of $38.7 million and earnings of 5¢ per share in the second quarter of 2008.
For the six months ended July 4, 2009, net sales were $135.9 million and earnings were 76¢ per share. For the corresponding period in 2008, net sales were $81.2 million and earnings were 12¢ per share.
The Company also announced today that its Board of Directors declared a dividend of 12.3¢ per share for the second quarter, for shareholders of record as of August 14, 2009, payable on August 28, 2009. The amount of the dividend was based on a percentage of Operating Profit after adjustment for certain items, the same approach used by the Company last quarter when it declared its first dividend in over three years. Under this approach, the amount of the quarterly dividend fluctuates directly with certain operating results of the Company.
S&W earns both “Rifle and Manufacturer of the year”
July 29, 2009
SPRINGFIELD, Massachusetts— Smith & Wesson Corp., announced today that it has received top awards in two categories from the Shooting Industry Academy of Excellence. Smith & Wesson was named the “Manufacturer of the Year” and also received the “Rifle of the Year” award for the company’s M&P15 MOE (Magpul Original Equipment) tactical rifle.
Smith and Wesson on CNBC
July 25, 2009
U.S. Ammunition Shortages
July 14, 2009
Supply and Demand, or More Than That?
by
Gary Marbut
What are the origins of this problem? What caused it? How long will it last? These questions don’t submit to a simple answer. The answer involves a complex set of economic, political and social conditions discussed here.
Caveat emptor: The information contained here is the best information available to this writer at this time. While this writer seeks to be well-informed, the information is not guaranteed to be exact. Any opinions offered, while also well-informed and well-intended, are not guaranteed to be the only viable opinions available or the last word on the subject. Without further disclaimer, let’s dig into this subject.
ONE-THIRD OF U.S. HOUSEHOLDS WITH KIDS GO CAMPING
July 8, 2009
Last week I was talking about investing in things you know, like your hunting equipment. Well I read this news release from Bass Pro about families with kids that go camping. The outdoor market has alot of companies who share our passion for the great outdoors. Some people know that the fishing and camping industry offers alot more to the investor then the hunting market. Can you name one of the biggest companies you can think of when it comes to camping gear?
Was is Colmen? Can you name some of the biggest retailors who sell the gear? Wal-Mart or Bass Pro maybe. Check out the press release from Bass Pro below. As an investor, you make find it intresting. I did and maybe we can look further into the manufacturing and retail sides of camping
Media Release
Sportsman’s Park Center
2500 East Kearney – Springfield, MO 65898 – 417-873-5000
ONE-THIRD OF U.S. HOUSEHOLDS WITH KIDS
GO CAMPING
Camping Is Cost Effective Vacation
During Tough Economic Times
SPRINGFIELD, Mo. (June 29, 2009) – With the camping experience seeing a rise in popularity, consumers want functional, durable equipment to make their time outdoors more enjoyable. The experts at Bass Pro Shops, America’s favorite outdoor store, have selected their favorite new products of 2009 that will help make every camping trip or backyard getaway a great success.
“Our customers have told us that they may have to cut back in some areas of their lives to get through the current economic downturn but they are still going to find ways to go camping, fishing, hiking and enjoy other outdoor activities,” said Larry Whiteley host of the internationally syndicated Bass Pro Shops Outdoor World Radio. “The outdoors is an affordable escape from the pressures of today’s world .”
looking inside the gun world….through the eyes of Showtime?
June 30, 2009
Gun sales slowing……
June 30, 2009
Wall Street Journal
Guns N’ Grosses: Arms Makers Fall Back From Obama Surge
By BILL ALPERT
Gun fanciers have loaded up on 15-round pistols and military-style rifles since the November election of a Democratic Congress and a president partial to gun control.
The fear of a renewed federal ban on assault weapons has boosted the revenues and shares of gun makers Smith & Wesson Holding and Sturm, Ruger.
Southport, Conn.-based Ruger saw earnings quadruple in its fiscal first quarter from a year ago, rising to about $6 million, or 30 cents a share, on revenue of $64 million. Smith & Wesson’s earnings doubled in its fiscal fourth quarter, to $7.4 million, or 14 cents a share. The Springfield, Mass., company’s revenue was up 20% to $100 million.
On this rush of business, investors bid up shares of Ruger to as high as $13.71, from $6.50 before the election, while Smith & Wesson stock has risen to more than $7.50, from a pre-election $1.60.
But now the gun industry’s leading indicator — the Federal Bureau of Investigation’s monthly count of the instant background checks it runs for gun dealers — is settling back toward pre-election levels. While November background checks were 42% above the year-earlier level, May’s were up just 15%.
TASER XREP Ready to Fly
June 30, 2009
TASER XREP Ready to Fly
Wireless TASER Round Achieves Groundbreaking 100 Foot Range, Available Now
Outdoor Channel Unveils Action-Packed Third Quarter Programming Lineup
June 30, 2009
LINEUP INCLUDES 11 DEBUT SHOWS: ‘BERETTA’S WILD & RAW,’ ‘FIELD & STREAM OUTDOOR ICONS,’ ‘THE BEST DEFENSE: SURVIVAL,’ ‘DUCKS UNLIMITED,’ ‘BENELLI PRESENTS DUCK COMMANDER,’ ALONG WITH OTHER RETURNING HIT SERIES
POPULAR TALENT, UNFORGETTABLE DESTINATIONS, RUGGED ADVENTURES – ONLY ON OUTDOOR CHANNEL
TEMECULA, Calif., June 22 /PRNewswire-FirstCall/ — Outdoor Channel (Nasdaq: OUTD), America’s leader in Outdoor TV, today announced its robust and compelling third quarter (Q3) programming schedule starting June 29th. Entertaining and educating for more than 15 years, the network features the biggest on-air celebrities in the outdoor industry, plus breathtaking backdrops and action-packed adventures the entire family can enjoy. All of this is part of the mix this season, as new original shows premiere and returning hit series debut!
‘We’ve consistently packed our schedule with powerful content that truly captures the excitement of authentic hunting, fishing, shooting and adventure, giving our loyal viewer base more of what they have come to enjoy from Outdoor Channel,’ said Tom Hornish, COO, Outdoor Channel. ‘Our third quarter schedule illustrates our commitment to producing the highest quality shows in the genre.’
Sturm, Ruger & Company, Inc. to Join Russell 3000 Index
June 22, 2009
Sturm, Ruger & Company, Inc. to Join Russell 3000 Index
June 19, 2009
Sturm, Ruger & Company, Inc. (NYSE-RGR) announces that it will join the Russell 3000® Index when Russell Investments reconstitutes its U.S. and global equity indexes on June 26, according to a preliminary list of additions published on June 12.
Annual reconstitution of Russell’s U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. The Russell 3000 also serves as the U.S. component to the Russell Global Index, which Russell launched in 2007.
Ruger CEO Michael O. Fifer commented, “We are very pleased to be included in the Russell 3000 Index, which reflects well on the Company’s achievements over the past few years, and we are hopeful that it will broaden the Company’s appeal to a wider spectrum of investors.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4 trillion in assets currently are benchmarked to them. These investment tools originated from Russell’s multi-manager investment business in the early 1980’s when the company saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers.
Total returns data for the Russell 3000 and other Russell Indexes is available at http://www.russell.com/Indexes/performance/default.asp.
About Sturm Ruger
Sturm, Ruger was founded in 1949 and is one of the nation’s leading manufacturers of high-quality firearms for the commercial sporting market. Sturm, Ruger is headquartered in Southport, CT, with manufacturing facilities located in Newport, NH and Prescott, AZ.
About Russell
Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $136 billion in assets under management as of March 31, 2009, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.
Sturm, Ruger & Co., Inc. “Arms Makers for Responsible Citizens”®
