Amid drop in gun sales, Winchester sees steady ammo sales

Dec 22, 2014 | 0 comments

While gun sales have slowed, leaving manufacturers coping with the loss, Winchester Ammunition sees a bright future. At a recent meeting with investors in New York, Olin Corp, parent company of the ammo maker, said it foresees continued growth for Winchester due to steady sales and that it will likely see an increase in profit once it relocates manufacturing facilities.

Winchester partially credits a commercial backlog for steady sales. The surge began in the fourth quarter of 2012 and continued through 2013, due to the looming threat of stricter federal firearm regulations sparked by a mass shooting at an elementary school in …read more

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