Winchester Ammo Sales are Growing Again
Revenue at Olin’s ammunition business increased 8% in the third quarter to $188.7 million from $174.0 million, its first increase since 2016, with commercial sales powering the gains. Segment operating income was up 35% to $13.9 million from $10.3 million, helped by lower commodity and other material costs, partially offset by lower selling prices. Olin ... Log in to view full article.
