Source: Author with the brand new, Ruger PC Charger Pistol, Leupold Freedom RDS, Zev Technologies CGS Suppressor
On Wednesday, May 6th, Sturm, Ruger & Company (RGR) reported its Q1 FY2020 earnings results.
Despite trailing year-over-year figures in FY2019, the company was able to produce a meaningful increase in year-over-year revenue and a double-digit increase in earnings per share in the first quarter of FY2020.
Was it just the COVID-19 virus response? Or is Ruger "bringing sexy back?"
Let's dive in!
Earnings Results
For the quarter, the company reported net sales of $123.6 million. This