Winchester Earnings Jump 75% on Higher Commercial Ammo Prices and Volume

Olin's Winchester segment lifted third-quarter earnings 75% to $33.8 million on sales up 10%, with commercial ammunition pricing and volume doing the work. A gun market that has spent two years being called tepid still has shooters buying more rounds at higher prices, which makes consumables, not firearms, the steadier profit line in the trade right now. Metals costs gave Winchester cover to raise prices, and the volume line shows buyers paid them.