Thread by @2Aupdates

Sturm Ruger Q4 2020 Earnings Call Transcript: "...the available information suggests that retailer inventory of Ruger as well as most other firearms brands also remains largely depleted." fool.com/earnings/call-…

"By mid-summer, we began to accelerate our hiring process, and as a result, since the middle of 2020, our workforce has been strengthened by 250 folks. This allowed us to realize a 30% increase in production during the latter half of the year."

"We have started to establish a manufacturing cells that will produce the Marlin rifles and plan on shipping the first Ruger-made Marlin lever-action rifles from our Mayodan facility in late 2021."

"Our financial strength, evidenced by our debt-free balance sheet provides financial security and flexibility as we continue to manage through Covid and focus on our long-term goals and creation of shareholder value."

"We're still hiring and there still are some lines that are not at their max physical capacity and we've got some new products coming on that will be additive to our current rates."

Regarding Marlin: "We've got -- we had over 100 tractor-trailer loads from three of -- three of their former locations, from the Remington folks, that we moved, primarily into our Mayodan facility and an adjacent warehouse."

"Well, as you know, we don't split it out by month. But I will tell you that we did not see any let-up in demand throughout the quarter."

Question: "Have you done any analysis on, if the administration was to move forward with the banning of gun parts importation and you had to source locally, what if, any gross margin impact that would have?"