RGR News & Events

Reports Q1 revenue $141.4M, two estimates $137.26M. "Our first quarter results reflect both the strength of our underlying business and the actions we have taken to position Ruger for the future," said Todd Seyfert, President and Chief Executive Officer. "Building on our momentum in 2025, we continue to focus on innovation, have great demand across our offerings and see encouraging signs in the market. This quarter was our fourth consecutive quarter of year-over-year sales growth as we continue to outperform the market in top-line sales."

Sturm, Ruger & Company entered a Strategic Cooperation Agreement with Beretta Holding, the Company's largest shareholder. Under the terms of the Agreement, Ruger is expected to allow Beretta Holding to increase its investment to up to 25% of the Company's outstanding shares. The minimum partial tender offer price shall be $44.80 per share in cash - which represents a ~20% premium to the Company's 60-day volume-weighted average share price prior to Beretta Holding's tender offer announcement. Such tender offer has not yet commenced and will be subject to applicable regulatory approvals. In connection with this increased investment, Beretta Holding will have the right to nominate up to two independent directors following the 2026 Annual Meeting of Shareholders and regulatory approval. At that time, the Company will temporarily expand the Board. The nominees will be subject to Ruger's Nominating and Governance Committee process and qualification criteria. As part of the agreement, Beretta Holding has committed to a three-year standstill, during which it will not, among other things, initiate or support any proxy contest or similar action. Over that period, Beretta Holding will also vote its shares in alignment with the Ruger Board's recommendations on all matters. Additionally, Beretta Holding has withdrawn its director nominations for the 2026 Annual Meeting of Shareholders and only Ruger Board-recommended candidates will be up for election at the meeting.

Beretta Holding CEO Gussalli Beretta recently attempted to reach out to the chairman of Sturm Ruger but was instead told the chairman was on vacation and would be away for a month, Alistair MacDonald and Hanna Krueger of The Wall Street Journal reports. This is the latest incident in a string of perceived snubs, missed connections, and canceled meetings that have shaken the relationship between the two companies. Additionally, while Beretta says it is looking to improve an underperforming company, Ruger claims Beretta wants to buy shares on the cheap and grab a disproportionate number of board seats.