New Product Launch Success
The RXM 9mm pistol, launched in December 2024, was a significant success due to a strategic launch plan with preorders and collaboration with Magpul Industries.
Increased Q4 2024 Financial Performance
Q4 2024 net sales were $146 million, a 19% increase from the previous quarter, and diluted earnings per share increased from $0.58 to $0.62.
Strong Cash Position
As of December 31, 2024, the company had $105 million in cash and short-term investments, with a strong current ratio of 4.2 to 1 and no debt.
75th Anniversary Celebrations and New Product Introductions
Celebrated 75th anniversary with events and launched new products, including American Rifle Generation 2, Marlin models, and 75th anniversary commemorative models, contributing to $159 million in new product sales.
Shareholder Returns
Returned $46 million to shareholders in 2024 through dividends and share repurchases, maintaining a variable dividend strategy.