EX-99.1 3 ex99-1.htm EX-99.1

EXHIBIT 99.1

Caution: Forward Looking Statements Statements made in the course of this meeting that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are forward - looking statements. It is important to note that the Company’s actual results could differ materially from those projected in such forward - looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward - looking statements is contained from time to time in the Company’s SEC filings, including but not limited to the Company’s reports on Form 10 - K for the year ended December 31, 2016 and Form 10 - Q for the fiscal quarter ended April 1, 2017. Copies of these documents may be obtained by contacting the Company or the SEC or on the Company website at www.ruger.com /corporate/ or the SEC website at www.sec.gov . We reference non - GAAP EBITDA. Please note that the reconciliation of GAAP net income to non - GAAP EBITDA can be found in our Form 10 - K for the year ended December 31, 2016 and our Form 10 - Q for the quarter ended April 1 , 2017, which are also posted on our website . Furthermore , the Company disclaims all responsibility to update forward - looking statements .

0 2 4 6 8 10 12 14 16 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 New Firearms Available for Sale in U.S. (In Millions of Units) Source: U.S. Firearm Production Figures from ATF: Annual Firearms Manufacturing & Export Report (AFMER). February 3, 2016

$- $1 $2 $3 $4 $5 $6 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 07 09 10 11 12 13 14 15 16 Total Annual U.S. FAET Collected (In Billions) Source: Annual Firearms & Ammunition Excise Tax (FAET) Collected by the Alcohol and Tobacco, Tax and Trade Bureau (TTB . January 31, 2017

Number of FFLs 0 50,000 100,000 150,000 200,000 250,000 300,000 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 Dealer (Type 1) Total (All Types)

500 750 1,000 1,250 1,500 1,750 2,000 2,250 2,500 Monthly Adjusted NICS (In Thousands) December 2011 December 2010 December 2012 December 2013 December 2014 December 2015 December 2016

250 450 650 850 1,050 1,250 1,450 1,650 1,850 2,050 6 8 10 12 14 16 18 20 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Unit Sell - Through (in Thousands) NICS Checks (in Millions) Adjusted NICS 198 % Growth Ruger Distributor Sell - Through 415 % Growth Trends in Retail Demand The adjusted National Instant Criminal Background Check System data presented above was adjusted by the National Shooting Sports Foundation to eliminate background checks associated with permit checks rather than firearm sales.

Quarterly Financial Results (in Millions, Except Per Share Data) 2017 2016 Q1 Q4 Q3 Q2 Q1 Revenues $167.4 $161.8 $161.4 $167.9 $173.1 Gross Margin $55.8 $53.5 $50.3 $56.7 $59.1 Operating Profit $33.9 $31.7 $30.1 $36.5 $36.2 20% 20% 19% 22% 21% EPS $1.21 $1.10 $1.03 $1.22 $1.21 EBITDA $43.6 $42.5 $39.1 $45.1 $44.8 26% 26% 24% 27% 26%

Current Events: Q1 2017 Financial Highlights • 2017 is o ff to a Solid Start • Sales Increased 3% from Q4 2016 • EPS Increased 10% from Q4 2016 • Cash Generated from Operations was $18.9 million • Distributor Inventory Decreased during Q1 2017

Current Events: Q1 2017 Financial Highlights • During Q4 2016 and Q1 2017; • We Repurchased 1.4 Million Shares of Our Stock • Representing 7.2% of the Outstanding Shares • At an Average Cost of $ 49.67/Share • A Total of $67.4 Million was Returned to Shareholders • Our Q1 2017 Ending Cash Balance was $35.1 Million • Currently C ash of Approximately $50 Million

SIOP: Sales & Inventory Operations Planning

Quarterly Sell - Through (in Thousands of Units) - 100 200 300 400 500 600 700 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Sell - Through 8,500/day

Quarterly Finished Goods Unit Inventory (in Thousands) - 50 100 150 200 250 300 350 400 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Ruger 166,000

Quarterly Finished Goods Unit Inventory (in Thousands) - 50 100 150 200 250 300 350 400 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Ruger 166,000 Distributor 306,000

Quarterly Finished Goods Unit Inventory (in Thousands) - 50 100 150 200 250 300 350 400 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Target Distributor Inventory at 6 Turns is 328,000 Units Ruger 166,000 Distributor 306,000

Disciplined Stock Repurchases Total Dollars (In Millions) Total Shares Price Per Share Q3 2006 $25.2 4,272,000 $5.90 Q4 2007 $20.0 2,216,000 $8.99 Q3 & Q4 2008 $10.2 1,535,000 $6.57 Q3 2010 to Q1 2011 $7.7 545,400 $14.10 Q4 2014 & Q1 2015 $26.7 762,900 $35.15 Q4 2016 & Q1 2017 $67.4 1,357,600 $49.67 Total $157.2 10,688,900 $14.71

Share Price & Repurchase History 2012 2011 2010 2009 2008 2007 2013 Q1 2017 2014 2015 2006 2016 $- $10 $20 $30 $40 $50 $60 $70 $80 $90 Repurchase $25 million Repurchase $20 million Repurchase $27 million Repurchase $67 million Share Price The volatility of our stock provides opportunities to return cash to our shareholders through stock repurchases.

Cash (in Millions) $0 $25 $50 $75 $100 $125 2012 2011 2010 2009 2008 2007 2013 Q1 2017 2014 2015 2006 2016 Special Dividend $87 million Stock Repurchase $25 million Stock Repurchase $20 million Stock Repurchase $27 million Stock Repurchase $67 million Our conservative balance sheet allows us to capitalize on opportunities to return additional cash to our shareholders.

Variable Quarterly Dividends (per Share) $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0.70

Investor Communications We anticipate releasing 2017 quarterly earnings and holding investor conference calls on the following dates: Earnings Release Conference Call Q2 2017 August 1, 2017 August 2, 2017 Q3 2017 October 31, 2017 November 1, 2017 Q4 2017 February 20, 2018 February 21, 2018

Caution: Forward Looking Statements Statements made in the course of this meeting that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are forward - looking statements. It is important to note that the Company’s actual results could differ materially from those projected in such forward - looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward - looking statements is contained from time to time in the Company’s SEC filings, including but not limited to the Company’s reports on Form 10 - K for the year ended December 31, 2016 and Form 10 - Q for the fiscal quarter ended April 1, 2017. Copies of these documents may be obtained by contacting the Company or the SEC or on the Company website at www.ruger.com /corporate/ or the SEC website at www.sec.gov . We reference non - GAAP EBITDA. Please note that the reconciliation of GAAP net income to non - GAAP EBITDA can be found in our Form 10 - K for the year ended December 31, 2016 and our Form 10 - Q for the quarter ended April 1 , 2017, which are also posted on our website . Furthermore , the Company disclaims all responsibility to update forward - looking statements .