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RGR
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Sturm, Ruger & Company, Inc. Reports 2024 Diluted Earnings of $1.77 Per Share and Declares Dividend of 24¢ Per Share

1. RGR's 2024 net sales decreased despite a 4Q sales increase year-over-year.

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FAQ

Why Bearish?

Declining annual sales may indicate weakening demand, impacting RGR's stock negatively. Historically, similar trends have led to reduced investor confidence.

How important is it?

The announcement of sales figures and earnings directly relates to RGR's financial health, making it significant for investors. Changes in earnings and sales will likely affect market perception of the company's future.

Why Short Term?

Immediate investor reactions to sales trends are likely to affect RGR's short-term stock performance. Past examples show rapid declines in stock prices following poor earnings reports.

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RGR
SOUTHPORT, Conn.--(BUSINESS WIRE)--Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for 2024 the Company reported net sales of $535.6 million and diluted earnings of $1.77 per share, compared with net sales of $543.8 million and diluted earnings of $2.71 per share in 2023. For the fourth quarter of 2024, net sales were $145.8 million and diluted earnings were 62¢ per share. For the corresponding period in 2023, net sales were $130.6 million and diluted earnings were 58¢ per shar.

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