Sturm, Ruger & Co. Inc. (NYSE:RGR) Q3 2019 Earnings Conference Call - Final Transcript
Nov 08, 2019 • 09:00 am ET
Christopher J. Killoy
achieved an average annual return on net operating assets of 46%. Accordingly, if we get to a point where we are not able to employ our capital, we will return cash to our shareholders.
NASGW. The National Association of Sporting Goods Wholesalers held it's 46th annual meeting in Orlando in October. The NASGW honored Ruger as the Firearms Manufacturer of the Year for the 13th consecutive year. We also received the NASGW Caliber Award for the Best New Rifle, The Ruger Precision Rimfire Magnum. We're honored to be recognized by our customers and we accepted these awards on behalf of the 1,600 hard-working Ruger employees that make our Company run.
Operator, we -- may we have the first question?