Winchester Slips on Continued Lower Ammo Demand
Earnings at Olin’s Winchester segment were down 39% to $19.0 million from $31.2 million in the second quarter, with revenues dropping 6% to $169.4 million from $181.0 million and commercial sales down 15%. An increase in military sales saved the quarter from being even worse, but lower margins there ... Log in to view full article.
