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Sturm, Ruger Sales Surge on a Massive Spike in Pandemic-Led Gun Buying

Sturm, Ruger Sales Surge on a Massive Spike in Pandemic-Led Gun Buying

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.