Sturm Ruger Logs Higher 4Q Profit, Revenue

Dow Jones02-19

By Connor Hart

Sturm Ruger posted higher profit and revenue in the fourth quarter despite continued softness in the firearm market.

The Southport, Conn.-based company, which makes sporting firearms, on Wednesday posted a profit of 62 cents a share, up from 58 cents a share a year earlier.

Revenue rose to $145.8 million from $130.6 million.

Chief Executive Christopher Killoy said he is pleased with the company's sales growth and improved profitability given that consumer demand remains soft, as adjusted NICS checks decreased 6% from the prior year.

NICS is the FBI's national system that checks records on persons who may be disqualified from receiving firearms.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

February 19, 2025 17:33 ET (22:33 GMT)

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