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Author Topic: 4th largest US gun maker is out of guns .... [Locked]
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00


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


Sturm, Ruger & Company, Inc. Reports Strong First Quarter Bookings
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. Year-to-date, the independent wholesale distributors placed orders with the Company for more than one million Ruger firearms.

 

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Fozzie_Bear  4 stars
Posts: 2,490
Registered: 2001-12-20 01:43:43
what are they making thats so worth buying?

 

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-Abysmal-  4 stars
Posts: 1,328
Registered: 2000-12-20 06:45:24
the Bureau of Prisons is buying firearms, though not sure if Ruger's are what they are going with again.

could have something to do with it.

 

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uglydwarf  1 star
Posts: 129
Registered: 2005-2-4 08:37:07
those fuzzy dice that you hang from your rear view mirror.


Fozzie_Bear posted:

what are they making thats so worth buying?
Sith_Mauler  4 stars
Posts: 1,851
Registered: 2002-12-21 13:40:03
Fozzie_Bear posted:

what are they making thats so worth buying?



Obama getting re-elected, and the economy is slowly coming out of the dumps.

When democrats have nothing better to do they go after guns.

 

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Itab  4 stars
Title: I
Posts: 1,020
Registered: 2006-2-20 07:38:15
Oh. How many new emploees are they adding since they are so profitable?

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Fozzie_Bear posted:

what are they making thats so worth buying?



Firearms...

personally it is heartening to see a US company booming without the need of government subsidies ... true free market supply/demand

 

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BT is usually right - Onslaught
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Sith_Mauler  4 stars
Posts: 1,851
Registered: 2002-12-21 13:40:03
S&W is the same boat back ordered forever.

 

-----signature-----
Well I ain't first class
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I have seen a lot of things in my life time.
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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Itab posted:

Oh. How many new emploees are they adding since they are so profitable?



As many as they need to maintain profitability

 

-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
Sith_Mauler  4 stars
Posts: 1,851
Registered: 2002-12-21 13:40:03
Brother_Tempus posted:

Itab posted:

Oh. How many new emploees are they adding since they are so profitable?



As many as they need to maintain profitability



Those employees are probably getting mandated overtime.
I loved and hated working in a factories when there was so much business that they forced you to work overtime.
The money was great but after a few weeks of it you are ready for a day off.

 

-----signature-----
Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.

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