The Olin Corp.-owned ammunition maker saw sales growth decelerate in the first quarter to 10% year-over-year, down sequentially from 15% in Q4 ’21, and well off its 71% gain for all of last year. Revenues came in at $426.7 million, up from $389.2 million a year ago. Profits are still soaring, however, increasing 40% to $118.9 million from $85.1 million, powered by higher commercial ammunition pricing that more than offset rising commodity and other materials costs. Depreciation and amortization were $6.2 million in Q1 against $5.6 ... Log in to view full article.