Net income was halved to $20,757,000 in the second quarter from $44,384,000 last year, on sales that fell 30% to $140,653,000 from $200,072,000 as channel restocking is now mostly complete for the polymer handguns and MSRs that drove pandemic sales. NSSF-adjusted NICS checks were down just 9% in the second quarter, painting a picture of normalizing consumer demand compared to a year ago. RGR’s unit order backlog has declined steadily from 1,639,800 a year ago to 962,600 currently. Price increases have helped boost ASP to $366 from $343 over the same ... Log in to view full article.