logo
  

Sturm Ruger & Co Inc Q1 Income Retreats

Sturm Ruger & Co Inc (RGR) released a profit for first quarter that decreased from the same period last year

The company's earnings came in at $7.08 million, or $0.40 per share. This compares with $14.3 million, or $0.81 per share, in last year's first quarter.

The company's revenue for the quarter fell 8.4% to $136.8 million from $149.4 million last year.

Sturm Ruger & Co Inc earnings at a glance (GAAP) :

-Earnings (Q1): $7.08 Mln. vs. $14.3 Mln. last year.
-EPS (Q1): $0.40 vs. $0.81 last year.
-Revenue (Q1): $136.8 Mln vs. $149.4 Mln last year.

For comments and feedback contact: editorial@rttnews.com

The highlight this week was the latest set of first quarter economic growth figures from the U.S. Find out why the data damped the market sentiment. Other main releases from the U.S. included those on consumer confidence and jobless claims. In Europe, German inflation figures caught everyone's attention. Learn why it added to expectations of rate staying “higher for longer”. Asia's economics scene this week was dominated by the release of PMI survey figures from China.

View More Videos
RELATED NEWS
Follow RTT