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Sturm, Ruger & Co. Inc. Message Board

  • langell_63017 langell_63017 Apr 25, 2013 11:39 AM Flag

    CAB 1st Qtr Conf Call - No Slowdown in Firearms & Ammo

    Listening to on-going CAB 1st Qtr conf call.......Jan was very strong comps in all categories, Feb & Mar in mid-teens, not seeing a slow down in firearms and ammo sales in Feb and Mar from Jan. Also said they had not raised firearms and ammo prices significantly due to emphasis on on-going relationship with customers. With 24% same store comps overall and 9% comps without firearms and ammo, comps in firearms and ammo had to be even greater than 24%! And all this with less than ideal weather the 1st Qtr.

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    • Are those same store sales comps rel. to last quarter or YoY?

      So they didn't do a breakdown on just firearms and ammunition alone? Maybe they're trying to be PC.

      • 1 Reply to captainwho2
      • Same store comps were YoY. EPS up 75% 1st Qtr YoY. Haven't heard or found breakdown of firearms and ammo separately.....haven't seen the financial statments yet, just press release and conf call.

        Did say firearms and ammo sales in Canada were up some, but not near as much as in the US.....would expect that. Canada has been dismantling the registry of firearms....mainly long guns. I'm a US citizen currently working in Canada, and not eligible for a handgun permit up here. Not that many hanguns in the Cabelas here, but lots of long guns and plenty of ammo though.

        Sentiment: Strong Buy

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