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

Magazine
Magazine

These Magazines are the Standard

Firearms magazines capable of holding 10 or more rounds, often mislabeled as “high-capacity” or “large-capacity” magazines, are overwhelmingly preferred nationally by law-abiding gun owners.

Can Mexico Get Away With This?

A group of Mexican officials, in coordination with American gun-control proponents, want to make American firearms manufacturers pay billions of dollars because of the violent, evil actions of drug cartels in Mexico.

This Professor is Not Politically Correct

This is a perspective on the Second Amendment worth hearing.

From the Editor | A Time for Celebration

The NRA Annual Meetings & Exhibits, held in Dallas, Texas, next month, are a time for celebration of freedom.

Standing Guard | NRA Members Put Tough Talk Into Even Tougher Action

NRA members show, year after year, that they will stand and fight for freedom.

President’s Column | Don’t Fall For Oft-Repeated Lies

It is no surprise that the enemies of our freedom have been lying for decades, but today, their lies are more dangerous than ever.



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