Net income slid 36% to $4,738,000 in the third quarter from $7,431,000 a year ago, but revenue stabilized after several quarters of declines, increasing 1% to $122,287,000 from $120,893,000. Sell through of RGR’s firearms from independent distributors to retailers increased by 9%, outstripping the 5% growth in NSSF-adjusted NICS background checks, indicating that the company is gaining share. New product sales accounted for 31% of the top line in Q3, boosted by the updated Ruger American Rifle, Marlin lever-action rifles, and the ... Log in to view full article.