Diamyd Medical’s phase 3 diabetes trial passes final safety review
Sturm, Ruger & Company, Inc. (NYSE:RGR) announced that Timothy M. Lowney, Senior Vice President of Lean Enterprise, has provided notice of his intention to retire from the company effective October 1, 2025. The retirement notice was disclosed in a press release statement included in a filing with the Securities and Exchange Commission.
Mr. Lowney has held the position of Senior Vice President of Lean Enterprise at Sturm Ruger. The company did not announce a replacement or provide additional details regarding transition plans in the filing. The company currently trades at a relatively high earnings multiple, with InvestingPro analysis indicating the stock is trading near its Fair Value.
Sturm Ruger is incorporated in Delaware and is headquartered in Southport, Connecticut. The company’s common stock is listed on the New York Stock Exchange under the ticker symbol RGR.
This information is based on a press release statement filed with the SEC.
In other recent news, Sturm Ruger & Company Inc. reported its Q2 2025 earnings, revealing adjusted diluted earnings per share (EPS) of $0.41, which fell short of the $0.51 forecast by analysts, marking a 19.61% negative surprise. Despite the earnings miss, the company exceeded revenue expectations, posting $132.5 million against a forecast of $121.99 million, resulting in an 8.62% positive surprise. New products launched within the past two years accounted for 34% of firearm sales in the second quarter, an increase from 32% in the first quarter. This development indicates a growing contribution from new offerings amidst industry challenges. Aegis Capital reiterated its Hold rating and $48 price target for Sturm Ruger, noting the solid contribution from new products despite industry headwinds. The company’s unit sell-through from independent distributors to retailers declined by 4% in the second quarter, aligning with the overall industry decline in background checks. These recent developments highlight the mixed performance of Sturm Ruger in a challenging market environment.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.