Sturm, Ruger & Company, Inc. (NYSE:RGR) Q4 2023 Earnings Call Transcript

Page 3 of 3

And so those lines while they’re in a lot of demand, they’re also hard to make. And they’re not as high in margin as we’d like, but I would tell you that the folks are working every week we’ve got new kaizens going on in all factories to take costs out, reduce manufacturing costs, make the line safer for the folks working it. And so I’m optimistic that those kaizens will continue to yield results for us.

Rommel Dionisio: Great. That’s very helpful. Thanks so much. Thanks, Rommel.

Operator: Thank you. This does conclude the question-and-answer session of today’s program. I’d like to hand the program back to Chris Killoy, president and CEO for any further remarks.

Christopher Killoy: Thank you. In closing, I’d like to start by thanking all of you for attending our call this morning and for our shareholders for their continued investment in our company. And I would like to thank our loyal customers and the 1,800 hardworking members of the Ruger team, who design, manufacture and sell rugged, reliable firearms every day in our American factories. I hope you’ll be able to join us at our virtual 2024 Annual Meeting on Thursday, May 30th. Further details will become available in April. Thank you.

Operator: Thank you, ladies and gentlemen for your participation in today’s conference. This does conclude the program. You may now disconnect. Good day.

Follow Sturm Ruger & Co Inc (NYSE:RGR)

Page 3 of 3