WASHINGTON (dpa-AFX) - Sturm, Ruger & Co. Inc. (RGR) Monday reported second-quarter profit of $22.3 million or $1.12 per share, down from $32.3 million or $1.63 per share in the comparable quarter last year.
Analysts, based on consensus, expected the company to earn $1.23 per share for the quarter. Analysts' estimates typically exclude special items.
Sales declined to $153.66 million from $179.53 million last year, while three analysts expected sales of $168.73 million.
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