RGR CEO is refusing to give any kind of future guidance, expect SWHC to follow suit. Markets not going to like this. RGR and SWHC could end up down today.
RGR does not give forward guidance, except for backlog, and they do not manage their business off of the backlog but manage it off the sales through distributors to dealers.
Didn't they give their backlog? What more guidance is needed, except for capex on production improvements, which they gave also. This is the typical sell the news with RGR.
Would not be politically correct to project high demand, sales or profits. The CEO's are smart to keep mum, they are already big targets.
This is a good point that I did not consider. It is probably very telling that he was mum.
I agree. Keep your head down and just keep making money.
I don't believe Ruger is as heavy in the Ar' series as Smith
RGR never gives forward guidance. Nothing new there.
Apparently a lot of people haven't really followed RGR here. You are correct sir! It's never been their policy to offer forward guidance. SWHC does though and it has got them into trouble at times.
What are you babbling about?
You can bet..he was told not to give any kind of guidance..might help the stampede..towards ownership of guns..
Listened to the conference call. The impression I got is that they have no clue what the future looks like. Both of these stocks will trade down today. They need guidance. Thats the only uncertainty.