Net income was $15,189,000, up 49% from $10,199,000, for the second quarter ended Jun. 30 as sales declined 3% to $128,411,000 from $131,854,000. Firearms sales were down 3% to $127,017,000 from $130,510,000 and casting sales up 4% to $1,394,000 from $1,344,000. RGR noted that an accounting change increased Q2 sales by $2.6 million but also said sales of new products remained strong, representing 29% of firearms sales, and estimated sell-through to distributors in H1 were down 1% compared to a 3% decline in NICS checks for the relevant period. Total inventory was up 3,700 units at RGR and 30,400 at ... Log in to view full article.