Tag Archives: sturm ruger

The “Obama Effect” One Year Later – What Firearms Dealers Are Saying Now

September 30, 2009 – 9:13 am

There is little debate that President Obama’s most effective economic stimulus has been for the broader firearms industry.  As soon as it became clear in October of last year that Obama would win the presidential election, gun sales took off.  Gun owners and firearms activists became concerned that a Democrat controlled Congress and White House [...]

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August NICS Background Check Data Shows First Month-to Month Sequential Improvment in a While, Key Questions Heading into SWHC’s 1Q10 Results

September 8, 2009 – 9:03 pm

The August data for the number of background checks conducted under the National Instant Criminal Background Check System (NICS) was released this morning. Overall, the total number of background checks increased 12.3% on a YOY basis and increased 11.2% on a month-to-month basis to 1,074,757.  This represents the first month-to-month increase since March of this year. [...]

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Sturm, Ruger Strong 2Q09 Results, but Orders are Falling and Channel Inventories Rising – Back to Normalcy in the Firearms Market

July 29, 2009 – 8:55 pm

Sturm, Ruger& Company, Inc. reported 2Q09 results after the close.  You can view the results here.  The company reported revenues and EPS of $72.4 million (vs. $36.9 million 2Q08) and $0.46 (vs. $0.11 2Q08).  EPS beat the lone estimate available by $0.20.  We think EPS upside was largely factored into the stock following SWHC’s earnings [...]

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The June NICS Background Checks Are In – Another Sequential Month to Month Decline

July 16, 2009 – 11:54 am

The June data for the number of background checks conducted under the National Instant Criminal Background Check System (NICS) was released this morning. Overall, the total number of background checks increased 18.1% on a YOY basis, but declined 5.4% from May to 968,145. The overall number of background checks is at the [...]

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June Traffic Data Suggests A Further Slowdown in Firearm Sales

July 14, 2009 – 1:30 pm

As we have noted in the past, we are actively following website traffic to the leading online gun dealers to gain a better gauge of current and future demand for firearms. Outside of the monthly data from the National Instant Criminal Background Check System (NICS), we view website traffic to the leading online gun [...]

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