Sturm, Ruger & Company Announced In October That It Would Suspend Production Of A Limited Number Of Product Families; Products Represent About $25M Of Co's Total Revenues And Generate Minimal To No Profitability
Throughout the quarter, Ruger continued advancing several initiatives supporting its Ruger 2030 strategy. The Company expanded the implementation of the Ruger Business System across the organization, further developing
Ruger stopped making some gun models that barely made money. This frees up space to focus on products that are actually profitable.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.