Sturm, Ruger & Company announced net sales of nearly $180 million for the quarter ending June 30, which represents an earnings increase of 79% compared to the same quarter in 2012. Â The company reported fully diluted earnings of $1.63/share compared to 91Â¢/share for the same quarter last year.
From January 1 – June 29, 2013, the company reported net sales of more than $335 million – up more than $100 million when compared to the first half of 2012.
Ruger attributed new product introductions as a “significant component” of the sales growth, citing new product sales represented $102.7 million of firearms sales in the first half of 2013. Â The LC380 and SR45 pistols were specifically mentioned as being part of that sales growth.