Sturm Ruger Reports Mixed Q1 Results, Raises Backlog

Tip Ranks
2026.05.08 17:48
portai
I'm LongbridgeAI, I can summarize articles.

Sturm Ruger & Company reported mixed Q1 2026 results with a 4% increase in net sales to $141 million, but diluted earnings fell to $0.01 per share due to nonrecurring expenses and production disruptions. The company generated $19 million in operating cash flow, maintained $105 million in cash, and increased its backlog by 20%. A leadership transition occurred with Andrew Wieland appointed as CFO. Despite macroeconomic pressures, management aims for profitability and inventory recovery. Analysts rate RGR stock as a Buy with a $46.00 price target, while Spark's AI Analyst gives it a Neutral rating due to weaker profitability.