1) Reduced cash expenses -- Possible but not very likely.
2) Reduced non-cash expenses -- Possible but not possible to predict since management does not deign to reveal underlying details, only after the fact totals.
3) Increased sales prices -- Possible and likely given market conditions but only if terms of the backorders allow it which we don't know since management hasn't deigned to reveal.
4) Change in mix of production to higher margin models -- Possible but not possible to predict since management doesn't deign to reveal margin information.
5) Increase in production -- Possible and likely but the size of the increase is likely to me modest.
6) Management was less greedy and over-compensated themselves a little less -- DREAM ON !!!
The CEO already said that he won't raise prices out of respect for the customers. So the added profits will accrue to the gun shops, who will have no problem taking advantage of the current supply shortage.
The waiting list is great news for FUTURE profits. But they won't help Q! beat Q4 since during both quarters Ruger was operating at full capacity to fill backorders. They won't get around to filling today's orders for a couple more quarters.