climbnjump
Member
Since the sale of Savage by Vista Outdoor to a private entity last summer, I think there are two publicly traded firearms companies remaining, of which Ruger is one. They reported quarterly earnings today which can be reviewed here:
https://www.ruger.com/corporate/PDF/ER-2019-11-07.pdf
Sales are certainly down significantly and the report goes into some detail as to why. Company shares are taking a hit in after hours trading this evening. (I have no idea which direction they are headed from here.)
For those folks who might be inclined to listen to the earnings call, it will be held the morning of November 8 at 9 am Eastern time by phone: 855-871-7398 participant code 2554387. They can sometimes be interesting to hear about the state of affairs from the standpoint of a manufacturer and once in a while, there can be a hint of new products in the works.
https://www.ruger.com/corporate/PDF/ER-2019-11-07.pdf
Sales are certainly down significantly and the report goes into some detail as to why. Company shares are taking a hit in after hours trading this evening. (I have no idea which direction they are headed from here.)
For those folks who might be inclined to listen to the earnings call, it will be held the morning of November 8 at 9 am Eastern time by phone: 855-871-7398 participant code 2554387. They can sometimes be interesting to hear about the state of affairs from the standpoint of a manufacturer and once in a while, there can be a hint of new products in the works.