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Sturm, Ruger Sales, Earnings Soar Amid 'Unprecedented Demand'

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Sturm, Ruger Sales, Earnings Soar Amid 'Unprecedented Demand'

Sturm, Ruger (NYSE: RGR) said Wednesday it is experiencing a period of "unprecedented demand," which helped send sales and profits soaring in the third quarter.

The gunmaker reported revenue jumped 53% from a year ago while earnings increased fivefold to $1.39 per share.

Image source: Getty Images.

Source Fool.com

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