- Sturm, Ruger (RGR) Q2 beats across the board.
- Net earnings increased 79%, driven by 50% growth in sales and ongoing focus on improvement in operations.
- New product introductions, including the LC380 and SR45 pistols, were a significant component of sales growth, representing 31% of firearm sales in the first half of 2013.
- Estimated unit sell-through of products from the independent distributors to retailers increased 37 from comparable prior year periods.
- Shares +5.2% AH.
More on Sturm Ruger earnings
Jul 31 2013, 17:34 ET