Acquisition of Anderson Manufacturing
The acquisition of Anderson Manufacturing for $16 million is expected to expand Ruger's capacity, strengthen manufacturing capabilities, and broaden product offerings. This acquisition was funded from cash on hand, highlighting the company's strong financial position.
Strong New Product Sales
New product sales accounted for $42 million or 34% of net firearms sales, showing an increase over Q1 and demonstrating the popularity of Ruger's innovative products, including the RXM pistol and Ruger Precision Rifle.
Debt-Free Balance Sheet and Strong Liquidity
Ruger maintains a strong financial position with no debt, a current ratio of 4.0:1, and $101 million in cash and short-term investments, providing flexibility for future strategic initiatives.
Continued Dividend Payments
The company declared a $0.16 per share quarterly dividend, maintaining its practice of paying approximately 40% of net income, and returned $23 million to shareholders in the first half of 2025.