Thread: Ruger Stops Accepting Firearms Orders

Ruger Stops Accepting Firearms Orders

Fri, 03/23/2012 - 15:04
2nd Amendment

Ruger Stops Accepting Firearms Orders

SOUTHPORT, CT –Sturm, Ruger & Company, Inc. (NYSE-RGR), announced today that for the first quarter 2012, the Company has received orders for more than one million units. Therefore, the Company has temporarily suspended the acceptance of new orders.

Chief Executive Officer Michael O. Fifer made the following comments:

The Company’s Retailer Programs that were offered from January 1, 2012 through February 29, 2012 were very successful and generated significant orders from retailers to independent wholesale distributors for Ruger firearms.

Year-to-date, the independent wholesale distributors placed orders with the Company for more than one million Ruger firearms.

Despite the Company’s continuing successful efforts to increase production rates, the incoming order rate exceeds our capacity to rapidly fulfill these orders. Consequently, the Company has temporarily suspended the acceptance of new orders.

The Company expects to resume the normal acceptance of orders by the end of May 2012.

In the Rise of the Prepper article, we warned that with Guns, Gold and Emergency Food all setting record sales numbers we will likely see major shortages hit the marketplace. As people begin to stock up on preparedness related items in response to the coming election cycle, we will likely see nationwide shortages similar to what happened during the elections in 2008. I fear this is only the beginning.

Ruger Stops Accepting Firearms Orders

Overwhelming Demand: Ruger Suspends All New Firearms Orders: “Incoming Order Rate Exceeds Our Capacity to Rapidly Fulfill These Orders”

Rob Richards
March 22nd, 2012
Off Grid Survival
Comments (157)
Editor’s Note: Amid a host of concerns that include, but are not limited to, rising crime, a lack of law enforcement during a crisis such as an economic collapse and, most notably, the potential re-election of President Barack Obama for another four years, Americans are stocking up on firearms and ammunition like never before. Last year alone we saw sales of guns in the United States exceed 10,000,000, and according to a recent report some three million Americans are among those preparing for worst case scenarios.

They are purchasing supplies that include self defense armaments, long-term food storage, and off-grid survival tools. Demand is so high for these essential “post-collapse” survival commodities that in December of 2010 it prompted Mountain House, the largest freeze dried food manufacturer in the world, to delay orders for months at a time. Now, similar to the ammunition shortages leading up to the 2008 Presidential election, Americans are increasingly worried about what may happen to their Second Amendment rights under another Obama term.

This has, once again, led to unprecedented demand. Ammunition shortages in popular calibers, for example, have been reported by numerous sources. Likewise, overwhelming demand for firearms has forced one of the world’s largest gun manufacturers to suspend all new firearms production orders because they simply cannot keep up.


Via Off Grid Survival:
After our story on the Rise of the Prepper, we have been inundated with emails from readers telling us how hard it’s becoming for them to obtain certain types of ammo. We also had a reader send us a press release this morning from Ruger.

Effective Immediately Ruger has stopped accepting Firearms Orders. The Company says that they have had to temporarily suspend the acceptance of new orders after receiving requests for more than one million units.

Here is the Official Statement form Ruger:

SOUTHPORT, CT –Sturm, Ruger & Company, Inc. (NYSE-RGR), announced today that for the first quarter 2012, the Company has received orders for more than one million units. Therefore, the Company has temporarily suspended the acceptance of new orders.
Chief Executive Officer Michael O. Fifer made the following comments:

• The Company’s Retailer Programs that were offered from January 1, 2012 through February 29, 2012 were very successful and generated significant orders from retailers to independent wholesale distributors for Ruger firearms.
• Year-to-date, the independent wholesale distributors placed orders with the Company for more than one million Ruger firearms.
• Despite the Company’s continuing successful efforts to increase production rates, the incoming order rate exceeds our capacity to rapidly fulfill these orders. Consequently, the Company has temporarily suspended the acceptance of new orders.
• The Company expects to resume the normal acceptance of orders by the end of May 2012.

In the Rise of the Prepper article, we warned that with Guns, Gold and Emergency Food all setting record sales numbers we will likely see major shortages hit the marketplace. As people begin to stock up on preparedness related items in response to the coming election cycle, we will likely see nationwide shortages similar to what happened during the elections in 2008. I fear this is only the beginning.

Overwhelming Demand: Ruger Suspends All New Firearms Orders: "Incoming Order Rate Exceeds Our Capacity to Rapidly Fulfill These Orders"

Fourth Largest Gun Maker In US Is Out Of Guns


Submitted by Tyler Durden on 03/23/2012 17:33 -0400

In a somewhat sad and shocking slap of reality to the face of our 'recovery' and 'freedom-based-debt-holdings', today's press-release-of-the-day (since we still haven't heard from BATS) goes to Sturm, Ruger (the 4th largest gun-maker in the US) who after receiving orders for over one million units in Q1 has temporarily suspended the acceptance of new orders.

Forget PCLN, CRM, NFLX, here's where the real action is!

RGR is up a whopping 571% from Nov 07 while the S&P 500 is down 3%...




Sturm, Ruger & Company, Inc. Reports Strong First Quarter Bookings
March 21, 2012

Sturm, Ruger & Company, Inc. (NYSE: RGR), announced today that for the first quarter 2012, the Company has received orders for more than one million units. Therefore, the Company has temporarily suspended the acceptance of new orders.

Chief Executive Officer Michael O. Fifer made the following comments:

The Company's Retailer Programs that were offered from January 1, 2012 through February 29, 2012 were very successful and generated significant orders from retailers to independent wholesale distributors for Ruger firearms.

Year-to-date, the independent wholesale distributors placed orders with the Company for more than one million Ruger firearms.

Despite the Company's continuing successful efforts to increase production rates, the incoming order rate exceeds our capacity to rapidly fulfill these orders. Consequently, the Company has temporarily suspended the acceptance of new orders.

The Company expects to resume the normal acceptance of orders by the end of May 2012.
The Company will announce its results and file its Quarterly Report on Form 10-Q for the first quarter of 2012 on Tuesday, May 1, 2012, after the close of the stock market.


Fourth Largest Gun Maker In US Is Out Of Guns | ZeroHedge