Sturm, Ruger & Company, Inc. (NYSE:RGR) Q2 2023 Earnings Call Transcript

And we built over 2 million units just a few years ago on an annualized basis. And, I think, we’ve demonstrated our ability to flex up, but we’re also able to with our strong balance sheet, maintain a decent amount of inventory in certain product categories where we know it takes us a longer time to ramp up. So if it does flex up, again, we’ve been through these cycles many times. We’re ready to go. But, I think, at this point in time we’re not seeing any indications of kind of that artificial stimulus from a political season. We’re just not seeing that certainly at this point.

Rommel Dionisio: Okay. That’s very helpful. Thanks, Chris.

Christopher Killoy: Thanks, Rommel.

Operator: [Operator Instructions] And I’m currently showing no further questions at this time. I’d like to hand the conference back over to Mr. Killoy for closing comments.

Christopher Killoy: Thanks, operator. I’d like to thank all of you for attending this call, especially our shareholders. And I would also like to thank our loyal customers and our 1,900 hardworking members of the Ruger team who design, build and sell rugged, reliable firearms. And, finally, just a reminder that August is National Shooting Sports Month. I encourage all of you to get outside or go to your favorite indoor range and safely enjoy [Technical Difficulty] Ruger associates make and enjoy those with your friends and family. Thank you.

Operator: Thank you. This concludes today’s conference call. Thank you for your participation. You may now disconnect. Everyone have a wonderful day.