Winchester Sales Bounce Back in Q4
The Olin Corp.-owned ammunition maker grew revenues 24% in the final quarter to $395.4 million compared to $320.0 million prior, boosted by a rebound in commercial sales, domestic and international military sales, and the addition of White Flyer which was acquired in Q4. Segment operating earnings jumped 43% to $65.4 million from $45.7 million, helped by operating leverage and lower ... Log in to view full article.