Sturm, Ruger & Company reported third quarter 2026 net sales of $147.6 million, exceeding analyst expectations through a 16.5% year-over-year increase. While GAAP EPS of $0.36 was slightly below the $0.37 consensus, adjusted EPS reached $0.44, representing a 340% increase from the prior year and demonstrating significant margin expansion.
Key Highlights
- Gross margin expanded to 20.7%, up from 15.1% in the prior year quarter, driven by improved cost controls and a shift toward premium product mixes.
- The company suspended production of product families representing approximately $25 million in annual revenue that generated minimal to no profitability.
- Average selling price (ASP) remained robust at approximately $377 per unit, supporting strong Firearms segment performance.