Winchester Ammo Sales Were Up Last Quarter
Surging commercial sales sent Winchester ammunition revenues up 6% in parent Olin’s fiscal third quarter ended Dec. 31 to $154.7 million from $145.5 million, resulting in a 63% gain in segment operating income to $7.0 million from $4.3 million. Profitability was boosted by manufacturing leverage on the higher sales volumes and lower commodity ... Log in to view full article.
