Winchester Sales Slip 14% in Q1 on Lower Commercial Demand
Olin Corp.’s ammunition business declined 14% in the first quarter to $366.5 million from $426.7 million, sending segment operating income down 49% to $61.0 million from $118.9 million. Sales and operating profit improved sequentially from Q4, after the Olin Corp. division cut ammunition production in reaction to slowing ... Log in to view full article.
