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.
– March 21, 2012 (http://ruger.com/corporate/news/2012-03-21.html)
This is good news for Ruger and it’s share holders but somehow they are going to need to catch up to their orders faster. We shall see how long it takes for them to resume taking new orders.