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Sturm, Ruger Shoots Itself in the Foot

TheMotleyFool

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Sturm, Ruger Shoots Itself in the FootPhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png

Last week's earnings report from Sturm, Ruger (NYSE: RGR) could be the epitome of the saying, "be careful what you wish for, because you just might get it."

While the gun manufacturer never advocated voting for or against any particular candidate last year, Ruger pledged to donate $2 from every gun sale it made before Election Day to the National Rifle Association's Institute for Legislative Action, as well as making a matching contribution to the gun-rights group up to a total of $5 million. Not surprisingly, the NRA had endorsed Donald Trump's candidacy.

Image source: Getty Images.

Source: Fool.com