Sturm, Ruger & Company, Inc. Reports Strong First Quarter Bookings


Firearm & Gun Forum - FireArmsTalk.com > General Discussion Forums > The Club House > Sturm, Ruger & Company, Inc. Reports Strong First Quarter Bookings

Reply
 
LinkBack Thread Tools Display Modes
Old 03-23-2012, 04:28 PM   #1
Coffee! If your not shaking, you need another cup
FTF_SUPPORTER.png
Feedback Score: 0 reviews
 
Bigcountry02's Avatar
 
Join Date: Jan 2009
Location: Southwest
Posts: 6,358
Liked 1902 Times on 1100 Posts
Likes Given: 3897

Default Sturm, Ruger & Company, Inc. Reports Strong First Quarter Bookings

This was posted on Alex Jones Site and here is the Ruger Link:

http://www.ruger.com/corporate/news/2012-03-21.html

March 21, 2012

Sturm, Ruger & Company, Inc. (NYSE: RGR), announced today that for the first quarter 2012, the Company has received orders for more than one million units. Therefore, the Company has temporarily suspended the acceptance of new orders.

Chief Executive Officer Michael O. Fifer made the following comments:

- The Company's Retailer Programs that were offered from January 1, 2012 through February 29, 2012 were very successful and generated significant orders from retailers to independent wholesale distributors for Ruger firearms.

- Year-to-date, the independent wholesale distributors placed orders with the Company for more than one million Ruger firearms.

- Despite the Company's continuing successful efforts to increase production rates, the incoming order rate exceeds our capacity to rapidly fulfill these orders. Consequently, the Company has temporarily suspended the acceptance of new orders.

- The Company expects to resume the normal acceptance of orders by the end of May 2012.

- The Company will announce its results and file its Quarterly Report on Form 10-Q for the first quarter of 2012 on Tuesday, May 1, 2012, after the close of the stock market.



__________________
Bigcountry02 is offline  
 
Reply With Quote

Join FirearmsTalk.com Today - It's Free!

Are you a firearms enthusiast? Then we hope you will join the community. You will gain access to post, create threads, private message, upload images, join groups and more.

Firearms Talk is owned and operated by fellow firearms enthusiasts. We strive to offer a non-commercial community to learn and share information.

Join FirearmsTalk.com Today! - Click Here


Reply

Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Firearms Forum Replies Last Post
1957 Sturm Ruger Standard BDSTRICK General Handgun Discussion 2 03-02-2012 02:59 AM
Not strong enough... bizy General Handgun Discussion 6 06-30-2011 03:28 PM
hi-point pistol's made strong? m72law General Handgun Discussion 23 03-26-2011 07:41 AM
Dillingers MMA is strong... bigbad-ratman The Club House 14 02-17-2010 02:30 AM
15,000 strong-almost skullcrusher The Club House 2 05-10-2009 04:35 PM