Home Forums Hunting & Shooting Ask The Gunwriters Ruger Sales & Earnings down

Sturm, Ruger & Company, Inc. (NYSE:RGR) reports net sales of $153.7 million and fully diluted earnings of $1.12 per share, compared with net sales of $179.5 million and fully diluted earnings of $1.63 per share in the second quarter of 2013, a drop of 14%. Ruger CEO Michael O. Fifer attributed the drop in earnings to a "drop in demand for firearms and accessories."