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Sturm, Ruger & Co. Inc. Message Board

  • puzzled48 puzzled48 Jun 4, 2013 7:04 PM Flag

    New order moratorium in 2013 extends longer than in 2012

    Last year, Ruger declared a moratorium on orders for new firearms 3/21/12, and lifted it 5/29/12. Mr. Fifer said he wouldn't do that again because distributors mistakenly assumed Ruger was going out of business.

    This year, Ruger mentioned in a regulatory filing, dated April 29, but e-mailed to shareholders May 15, that Ruger had "restricted incoming orders" from distributors because of the huge backlog of unfilled orders. Backlog is more than 2.1 million weapons, versus manufacturing capacity of 500,000 per quarter.]

    In addition, Ruger stopped permitting instructors to purchase weapons using the "instructor discount."

    The "incoming order restriction" is still in effect. Factories are working two shifts, and both plants are hiring engineers. Obviously the new product shortage is severe, and may permit Ruger to raise prices in July, which Mr. Fifer said the corporation does "on rare occasions.".

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