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July 31, 2019, 5:22 p.m. EDT

Gun maker Sturm Ruger stock falls after revenue slides

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By Max A. Cherney

Sturm, Ruger & Co. Inc. /zigman2/quotes/200036418/lastsale RGR -0.41% shares fell 8.4% in the extended session Wednesday after the company reported declining year-over-year sales for the second quarter. The gun maker reported second-quarter net income of $6.2 million, or 35 cents a share, compared with $15.2 million, or 86 cents a share, in the year-ago period. Revenue fell to $96.3 million from $128.4 million in the year-ago period. According to FactSet, no analysts cover the company. Sturm Ruger stock has gained 6% this year, with the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.51% rising 20.2%.

/zigman2/quotes/200036418/lastsale
US : U.S.: NYSE
$ 51.42
-0.21 -0.41%
Volume: 214,226
April 3, 2020 6:30p
P/E Ratio
28.07
Dividend Yield
1.40%
Market Cap
$897.38 million
Rev. per Employee
$270,839
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/zigman2/quotes/210599714/realtime
US : S&P US
2,488.65
-38.25 -1.51%
Volume: 3.59B
April 3, 2020 5:10p
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