Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Sturm, Ruger...
Q4 2019 Sturm Ruger & Company Inc Earnings Call
These companies have robust balance sheets Continue reading...
The big shareholder groups in Sturm, Ruger & Company, Inc. (NYSE:RGR) have power over the company. Generally speaking...
Image source: The Motley Fool. Sturm, Ruger & Company (NYSE: RGR)Q1 2020 Earnings CallMay 07, 2020, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by.
Chris Killoy became the CEO of Sturm, Ruger & Company, Inc. (NYSE:RGR) in 2017. First, this article will compare CEO...
Today we are going to look at Sturm, Ruger & Company, Inc. (NYSE:RGR) to see whether it might be an attractive...
Q3 2019 Sturm Ruger & Company Inc Earnings Call
We note that the Sturm, Ruger & Company, Inc. (NYSE:RGR) Vice President of Sales, Shawn Leska, recently sold US$69k...
U.S. firearms makers will be able within days to export as much as 20% more guns, including assault rifles and ammunition, under rules the Trump administration announced on Friday. The change, which had been contemplated for more than a decade, will officially move oversight of commercial firearm exports from the State Department to the Commerce Department, where export licenses will be much easier to obtain. The move https://www.reuters.com/article/us-usa-trump-guns-exclusive/exclusive-trump-administration-moves-closer-to-easing-gun-exports-idUSKBN1XH2IY by President Donald Trump's administration will generate business for gun makers such as American Outdoor Brands Corp and Sturm Ruger & Co, while increasing the sale of deadly weapons abroad.
Sturm, Ruger & Company, Inc. (NYSE-RGR) will file its Quarterly Report on Form 10-Q on May 6, 2020, after the close of the stock market.
Sturm, Ruger (NYSE: RGR) reported firearms sales jumped 9% in the first quarter to $123.6 million as sell-through from distributors to retailers surged 37% in the period. Ruger doesn't sell directly to the public, only to federally-licensed firearms dealers.
Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the first quarter of 2020 the Company reported net sales of $123.6 million and diluted earnings of 87¢ per share, compared with net sales of $114.0 million and diluted earnings of 74¢ per share in the first quarter of 2019.
Personally, I view Blue Apron (NYSE:APRN) as an example of getting the logic right and the results wrong. In August of 2019, I worried that a recession might hurt shares of the meal-delivery service. I came to that conclusion because at the time, the U.S.-China trade war suggested a slowdown for both economies. Further, the Federal Reserve appeared ineffective in mitigating the situation. Therefore, Blue Apron stock appeared too risky.Source: Roman Tiraspolsky / Shutterstock.com Up until mid-March of this year, I was proven correct. However, everything changed on the March 16 session as shares exploded higher. As InvestorPlace web editor Nick Clarkson explained, the dramatic spread of the coronavirus from China drove sentiment toward Blue Apron stock. With social distancing becoming the new normal, any effort to bring necessary items by mail was a viable opportunity.A few days later from that pivotal session, California issued a mandatory stay-at-home order. In an unprecedented move, California Governor Gavin Newsom basically took matters into his own hands. At the time, federal leadership appeared confused at best. With this decision, Newsom may have prevented California from going over the edge.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt time of writing, California has just under 10,000 coronavirus cases, while hard-hit New York has nearly 84,000. Indeed, history may look favorably on the governor. * 7 Telecom Stocks That Are Worth a Close Look However, this mandatory order didn't come without consequences. With all non-essential businesses temporarily closed, the true economic impact may be utterly devastating. However, as Clarkson argued, this is the opening that Blue Apron stock needed.People sheltered in place represents a hostage audience. Further, because venturing outside risks exposure to the virus, APRN's meal delivery service appears the perfect solution. But looks can be deceiving. Blue Apron Stock Is a Classic Bull TrapBefore I get into why I'm negative on Blue Apron stock, I acknowledge the tempting bull case. Aside from exposure risk, Covid-19 has sparked mass panic. Right now, people are not acting rationally. Furthermore, with record job losses over the horizon, this will add to the collective strain.What I'm getting at is that already violent Americans will become even more violent. Frankly, it's no coincidence that firearms manufacturers Sturm Ruger (NYSE:RGR) and American Outdoor Brands (NASDAQ:AOBC) have recently enjoyed positive momentum.Unlike guns, though, the sudden catalyst for Blue Apron stock - i.e. the coronavirus - will eventually disappear. Based on some of the latest reports, the outbreak here could affect us for four months or longer. But like any health crisis, the virus will pass.When it does, what are you left with? Prior to the mandatory shutdowns, APRN was a wildly risky organization. A few months of sales surges can't undo years of declining revenue and consistently negative net income.More importantly, I don't see Blue Apron having consecutive months of meaningful sales increases. Primarily, APRN is a pure bull market stock. Simply put, the company's products are too expensive.From their website, a two-serving vegetarian meal package costs just under $60 a week. If you were to buy it for the full year, we're talking $3,120. Contextually, it's not bad if we were living in a bull market. However, only a brave soul would deny that we're careening toward a recession. In this scenario, that $60 a week can be put to far better use.And consider Kroger (NYSE:KR), which is heavily marketing its delivery and online order pick-up services. When funds are tight, your money will go much further at Kroger and they offer similar conveniences. No Room for Luxuries in a RecessionAnother problem that I have with Blue Apron stock is that the underlying business is almost a pure luxury play. Bluntly, this is a service for people with vast amounts of disposable income. And that's why your typical Blue Apron customer is older.Let's just look at the situation here. The appeal for this company comes from the concept that you can quickly prepare healthy gourmet meals at home. However, the packaged meals still require some minimal preparation for best results, which somewhat defeats the purpose of having someone else cook your food for you.To be fair, you're getting amazing food for a minimal time investment. That alone and without any other context may appeal to millennial foodies. But as I mentioned above, the cost is prohibitive, especially in this compromised economic environment. Furthermore, what do people have plenty of right now? Time.Thus, the bear case comes down to a very rational, logical deduction: a poor economy plus deflated personal funds but time to spare incentivizes traditional grocery shopping. In turn, Blue Apron can only market its products to very financially secure families. And right now, that demographic is steadily declining.A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * This Stock Picker's Latest Video Just Went Viral * The 1 Stock All Retirees Must Own The post Blue Apron Stock Will Eventually See Red appeared first on InvestorPlace.
Gun manufacturer Sturm Ruger & Co. Inc. shares rose to the highest level in a year this week after the company reported a spike in distributor sales to retailers amid increased demand for guns as the COVID-19 pandemic spread across the world.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...
Sturm, Ruger & Company, Inc. (NYSE-RGR) will announce its financial results for the first quarter 2020 and file its Quarterly Report on Form 10-Q on Wednesday, May 6, 2020, after the close of the stock market.
Dividend paying stocks like Sturm, Ruger & Company, Inc. (NYSE:RGR) tend to be popular with investors, and for good...
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]
Q1 2020 Sturm Ruger & Company Inc Earnings Call