Sturm, Ruger & Company, Inc. (RGR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. My name is Miriam, and I will be your conference operator today. At this time, I would like to welcome everyone to Sturm, Ruger & Company's fourth quarter and year-end 2025 Earnings Conference Call. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star 1 on your telephone keypad. If you would like to withdraw your question, press star 1 again. Thank you. I will now hand the conference over to Todd Seifert, President and Chief Executive Officer. Mr. Seifert, please go ahead. Good afternoon, and welcome to SturmRuger & Company's fourth quarter and year-end 2025 earnings conference call. I'm Todd Seifert, President and Chief Executive Officer. Before we get started, I would like to turn it over to Sarah Colbert, our General Counsel, for the caution on forward-looking statements. I would like to remind everyone that some of the statements we make today will be forward-looking in nature. These statements reflect our current expectations, but actual results could differ materially due to a number of uncertainties and risks. You can find more information about these factors in our most recent Form 10-K and other filings with the SEC. We do not undertake any obligation to update these forward-looking statements. Thank you, Sarah. As we close out 2025, it is important to recognize the environment we've been operating in. Overall, it was a difficult year for the firearms industry and for consumer durables more broadly. Inflationary pressures, discretionary spending constraints, and a normalization of demand following several historically elevated years have all created headwinds throughout the market. At the same time, 2025 was a year of significant change at Ruger. Exac...