Sturm, Ruger & Company, Inc. · NYSE:RGR
Sturm, Ruger & — Shareholder Meeting (May 2019)
40 slides from Sturm, Ruger &'s shareholder meeting presentation, May 8, 2019
Slide 1: 2019 Annual Meeting
R 2019 ANNUAL MEETING
Slide 2: Caution: Forward Looking Statements
Caution: Forward Looking Statements Statements made in the course of this meeting that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are forward - looking statements. It is important to note that the Company’s actual results could differ ma
Slide 3: Our Vision
~ OUR VISION We aim to be a world leader that provides a spirit of freedom, recreation and peace of mind to our responsible customers for generations to come.
Slide 4: Innovation, Teamwork, Respect and Integrity
Innovation, Teamwork, Respect and Integrity.
Slide 5: Innovation
“INNOVATION Drive the development of exciting new products while continually improving all aspects of the business.
Slide 6: Teamwork
, AMWORK Work together in ways that leverage individual contributions to achieve collective goals. RO RUGER2019
Slide 7: Respect
Treat others as we want to be treated. RO RUGER2019
Slide 8: Integrity
~ INTEGRITY Be honest, ethical and fair in everything we do. AY © nucer2019
Slide 9: Market Update
MARKET UPDATE
Slide 10: NSSF Firearms Available to Consumer Market
NSSF Firearms Available to Consumer Market 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Slide 11: NSSF Firearms Available to Consumer Market
NSSF Firearms Available to Consumer Market 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Since 1991, there have been 16 “Up Years” versus 10 “Down Years”
Slide 12: NSSF Firearms Available to Consumer Market: Right to Carry
NSSF FIREARMS AVAILABLE TO CONSUMER MARKET: RIGHT TO CARRY Mi Unrestricted= 1 i Shall Issue = 16 May Issue = 19 No Issue = 14 HI
Slide 13: NSSF Firearms Available to Consumer Market: Right to Carry
NSSF FIREARMS AVAILABLE TO CONSUMER MARKET: RIGHT TO CARRY Mi Unrestricted= 16 i Shall Issue = 26 May Issue = 8 No Issue = 0
Slide 14: NSSF Firearms Available to Consumer Market
NSSF Firearms Available to Consumer Market 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Slide 15: NSSF Monthly Adjusted NICS
NSSF Monthly Adjusted NICS (in Thousands) 500 750 1,000 1,250 1,500 1,750 2,000 2,250 2,500 December 2011 December 2010 December 2012 December 2013 December 2014 December 2015 December 2016 December 2017 December 2018
Slide 16: NSSF Monthly Adjusted NICS
NSSF Monthly Adjusted NICS (in Thousands) 500 750 1,000 1,250 1,500 1,750 2,000 2,250 2,500 December 2011 December 2010 December 2012 December 2013 December 2014 December 2015 December 2016 December 2017 December 2018
Slide 17: New Product Innovation
NEW PRODUCT INNOVATION y f
Slide 18: 2018 & YTD 2019 New Products
w 2018 & YTD 2019 44 New Products Fx 60 New Models Over 300 Distributor Exclusives a Currently Offering Over 700 Variations Across Almost 40 Product Lines
Slide 19: Beginner / Target / Plinking / Competition
Beginner / Target / Plinking / Competition Small Game / Large Game / Dangerous Game = - ror Concealed Carry / Personal Protection / Home Defense / Law Enforcement & Military
Slide 20: The Perfect Revolver, Whether It Is Your First or Your Next
THE PERFECT REVOLVER, WHETHER IT IS YOUR FIRST OR YOUR NEXT. S Built on the legacy of the popular Ruger® Single-Sixe, the new Wrangler™ complements Ruger’s rich history of producing quality, v7) RI JGER. tugged, reliable single-action revolvers. The attractive price, combined with the affordability
Slide 21: TO DISTANCE ITSELF FROM THE
TO DISTANCE ITSELF FROM THE mp Wu ee TE, é “ Gd = 9 RUGER
Slide 22: Introducing the First Ruger Firearms Chambered in the All-New .350 Legend
Introducing the First Ruger® Firearms Chambered in the All-New .350 Legend Cartridge from Winchester: ne ieee gg SEIS, The first Ruger rifles chambered in Winchester’s all-new .350 Legend cartridge include: two Ruger Americane Ranch rifles (standard and compact lengths of pull) and one AR-556® MPR,
Slide 23: PC Carbine with Free-Float Handguard
ADAPTABLE PORTABLE PC Carbine” with Free-Float Handguard and compact, making it the per Y le companion to match with many pistol g RUGER.COM/PCCARBINE
Slide 24: When It Comes to Security, Simple and Affordable Is Hard to Beat
WHEN IT COMES TO SECURITY, SIMPLE AND AFFORDABLE IS BARD 10 BEAT. @RUGER
Slide 25: The Rugged Reliability You Expect. The Craftsmanship You Deserve.
i THE RUGGED RELIABILITY YOU EXPECT. THE CRAFTSMANSHIP YOU DESERVE. )) a= a zg ~ from an industry leader like Ruger. Whether you are an advanced shooter or hunter demanding the most from your shooting Tom > experience or an avid collector looking for special piece, the Ruger® Custom Shop is sure to
Slide 26: Built to Compete at the Highest Level
Built to compete at the HIGHEST LEVEL Ruger's professional shooting team, led by world champion shooter Doug Koenig, has already proven to be a winning group, competing at the highest levels. Shooting in various disciplines like IDPA, SASS, ICORE, USPSA, 3-Gun and more, Team Ruger is making its mark
Slide 27: Financial Performance
FINANCIAL PERFORMANCE y f
Slide 28: Quarterly Financial Results
Quarterly Financial Results (in Millions, Except Per Share Data) 2019 2018 Q1 Q4 Q3 Q2 Q1 Revenues $114.0 $121.1 $114.9 $128.4 $131.2 Gross Margin $32.6 $33.8 $28.1 $36.6 $35.8 Operating Profit $16.5 $17.1 $12.0 $19.4 $18.6 14% 14% 10% 15% 14% EPS $0.74 $0.69 $0.52 $0.86 $0.81 EBITDA $24.2 $25.0 $20
Slide 29: Cash & Short Term Investments
Cash & Short Term Investments (in Millions) $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 $150 Million
Slide 30: Cash & Short Term Investments
Cash & Short Term Investments (in Millions) $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Stock Repurchase $25 million Stock Repurchase $20 million Stock Repurchase $27 million Stock Repurchase $65 million Since 2006, We Returned $4
Slide 31: Variable Quarterly Dividends
Variable Quarterly Dividends (per Share) $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0.70 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 During the past 5 years, our vari
Slide 32: Culture of Responsibility
CULTURE OF RESPONSIBILITY y f
Slide 33: A Continuing Symbol of Responsibility
A CONTINUING SYMBOL OF RESPONSIBILITY
Slide 34: Gun Storage
GUN STORAGE Py A
Slide 35: Slide 35
Slide 36: Arms Makers for Responsible Citizens
ARMS MAKERS FOR RESPONSIBLE CITIZENS®
Slide 37: Arms Makers for Responsible Citizens
® ORT, NH 2 SOUTHPORT, CT 9 ARMS MAKERS FOR RESPONSIBLE CITIZENS® A YODAN, NC
Slide 38: Our Vision
AY © nuceR2019 ~ OUR VISION We aim to be a world leader that provides a spirit of freedom, recreation and peace of mind to our responsible customers for generations to come.
Slide 39: Caution: Forward Looking Statements
Caution: Forward Looking Statements Statements made in the course of this meeting that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are forward - looking statements. It is important to note that the Company’s actual results could differ ma
Slide 40: Arms Makers for Responsible Citizens
@ RUGE ARMS MAKERS FOR RESPONSIBLE CITIZENS®