Sturm Ruger & Company Stock Earnings Reports

Sturm, Ruger & Co. reported Q1 2026 net sales of $141 million, up 4% year-over-year, with diluted GAAP earnings of $0.01 per share and adjusted EPS of $0.27 excluding one-time costs related to a strategic cooperation agreement with Beretta Holding and organizational changes. The company generated $19 million of operating cash flow, held $105 million in cash and short-term investments, has no debt, a current ratio of 3.5:1, and expects full-year capital expenditures of about $30 million. Key operational highlights include a 28% increase in units ordered (525k vs. 410k), a 20% increase in backlog to $330 million, and new products accounting for $51.6 million or 41% of firearm sales this quarter. Management emphasized continued margin improvement via cost reductions and execution, noted temporary production disruptions (weather-related, ~30,000 unit shortfall) and one-time expenses (~$7.4 million combined) tied to the Beretta agreement, a February reduction in force, and retention awards. The board declared a $0.11 per share quarterly dividend (~40% of net income). Management framed the Beretta cooperation agreement as stabilizing, ending the proxy contest risk, and reaffirmed focus on Ruger 2030 priorities: profitable expansion, right-sizing capacity to demand, new product rollout, and expanding accessory/product ecosystems.