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Sturm Ruger & Company ( (RGR) ) has shared an update.
On February 20, 2025, Sturm Ruger & Company held a conference call to discuss its financial results for 2024, revealing a decline in profitability due to decreased production and sales, as well as inflationary pressures. Despite these challenges, the company celebrated its 75th anniversary in 2024 with new product launches that contributed significantly to sales, positioning it for continued growth in 2025 with a strong balance sheet and new leadership in place.
More about Sturm Ruger & Company
Sturm Ruger & Company operates in the firearms industry, specializing in the production of various firearms including rifles, pistols, and revolvers. The company is known for its focus on innovation and product development, contributing to its longstanding presence and leadership in the market.
YTD Price Performance: 14.20%
Average Trading Volume: 165,187
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $667.3M
See more insights into RGR stock on TipRanks’ Stock Analysis page.
