Olin Corp. reported Winchester sales for the second quarter 2019 were $164.9 million compared to $165.9 million in the second quarter 2018.
The decrease in sales was primarily due to lower commercial sales. Second-quarter 2019 segment earnings were $10.1 million compared to $11.8 million in the second quarter 2018. The decrease in segment earnings was primarily due to lower commercial ammunition volumes and lower selling prices, partially offset by lower commodity and other material costs. Winchester second quarter 2019 results included depreciation and amortization expense of $5.1 million compared to $4.9 million in the second quarter 2018.
