Net income soared 149% to $38,192,000 from $15,338,000 in the first quarter on 49% higher revenues of $184,377,000 up from $123,639,000 as consumer demand remained very strong though the period. Appetite for firearms continues to be fueled by fears of civil unrest and a reduced law enforcement presence as the Covid-19 pandemic persists, with an extra helping of gun control rhetoric from the Biden Administration in Q1. Ruger introduced the new Max-9 pistol in Mar., which combined with other new products such as the Wrangler revolver, Ruger-57, LCP II, and PC Charger accounted for 21% of the quarter’s sales.

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