Ruger Experiences Above-Expected 1st Quarter Earnings

posted on May 11, 2017

Calling the media-proclaimed death of the gun sales business “greatly exaggerated,” Sturm, Ruger & Co. CEO Christopher Killoy announced better-than-expected earnings for the first quarter.

“The demise of the firearms industry was likely greatly exaggerated,” Killoy said at Ruger’s annual meeting. “We’ve seen ups and downs before.” He also noted that the company’s customer base remains strong, and the industry has seen an influx of first-time buyers and younger customers—a claim corroborated by National Shooting Sports Foundation data, which reported that background checks for gun purchases showed a slight increase of 0.04 percent in April.

Many in anti-gun groups and in the so-called “mainstream” media have been predicting—and hoping for—a dramatic drop in gun sales to curtail what they see as a gun culture run amok. Unfortunately for them, gun sales continue to remain strong—an encouraging sign to gun owners, who see strong gun sales as a sign of continued freedom.

Latest

Beretta 30X Tomcat
Beretta 30X Tomcat

Gun Review | Beretta 30X Tomcat

Beretta did an excellent job of updating this classic. It has tweaks, but retains the features that made it so popular in the first place.

Voters Are Fighting Back

Anti-gun jurisdictions display indifference to crime, but voters are fighting back.

President Trump Signs Huge Executive Order on Guns

President Trump is moving fast to find and root out any remaining anti-Second Amendment rules, actions and legal positions still in place.

How Gun Pollsters Deceive

When the misleading language of gun-control groups is used in polls, it should come as no surprise that the results don’t map properly onto the real world.

A Far-Left Gun-Control Activist Ascends to DNC Leadership

To see how radical Hogg is, all we have to do is review some of his social-media posts.

The Armed Citizen® February 7, 2025

True stories of the right to keep and bear arms



Get the best of America's 1st Freedom delivered to your inbox.