{"id":1260,"date":"2015-07-31T15:48:00","date_gmt":"2015-07-31T15:48:00","guid":{"rendered":"https:\/\/onlygunsandmoney.com\/2015\/07\/31\/ammo-sales-are-up-at-winchester\/"},"modified":"2019-08-16T18:25:45","modified_gmt":"2019-08-16T18:25:45","slug":"ammo-sales-are-up-at-winchester","status":"publish","type":"post","link":"https:\/\/onlygunsandmoney.com\/?p=1260","title":{"rendered":"Ammo Sales Are Up At Winchester"},"content":{"rendered":"<div class='__iawmlf-post-loop-links' style='display:none;' data-iawmlf-post-links='[{&quot;id&quot;:10317,&quot;href&quot;:&quot;http:\\\/\\\/www.prnewswire.com\\\/news-releases\\\/olin-announces-second-quarter-2015-earnings-300121659.html&quot;,&quot;archived_href&quot;:&quot;&quot;,&quot;redirect_href&quot;:&quot;https:\\\/\\\/www.prnewswire.com\\\/news-releases\\\/olin-announces-second-quarter-2015-earnings-300121659.html&quot;,&quot;checks&quot;:[],&quot;broken&quot;:false,&quot;last_checked&quot;:null,&quot;process&quot;:&quot;done&quot;}]'><\/div>\n<p>\n<a href=\"http:\/\/www.prnewswire.com\/news-releases\/olin-announces-second-quarter-2015-earnings-300121659.html\" target=\"_blank\" rel=\"noopener\">Olin Corporation released their second quarter 2015 results<\/a> yesterday. I doubt anyone who reads this blog cares what they made on their sales of chlor alkali and caustic soda. However, their results from their Winchester division are interesting.<\/p>\n<blockquote class=\"tr_bq\"><p>\n<i>WINCHESTER<\/p>\n<p>Winchester second quarter of 2015 sales were $194.2 million compared to $181.0 million in the second quarter of 2014.  The increase in second quarter of 2015 sales compared to the second quarter of 2014 reflects increased shipments to commercial, law enforcement and military customers.  Winchester&#8217;s second quarter 2015 segment earnings were $33.9 million compared to $33.1 million in the second quarter of 2014.  The increase in segment earnings reflects the impact of lower commodity and material costs and lower manufacturing and other costs, partially offset by a less favorable product mix.<\/i><\/p><\/blockquote>\n<p>As I read this, and I&#8217;m not an accountant, both their gross sales and net revenues from ammo sales are up. However, their net margins have dropped from 18.29% in 2014 to 17.04% in 2015. Given that they have lower commodity\/material costs combined with lower manufacturing costs in 2015, the fact that their net margins have dropped would be something I&#8217;d want to keep an eye on.<\/p>\n<p>I&#8217;m thinking that either Walmart is really pushing them on price or that push is coming from their governmental bulk sales. This is all just a guess on my part.<\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>","protected":false},"excerpt":{"rendered":"<p>Olin Corporation released their second quarter 2015 results yesterday. I doubt anyone who reads this blog cares what they&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"footnotes":""},"categories":[1],"tags":[1913,1914],"class_list":["post-1260","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-olin-corp","tag-winchester"],"_links":{"self":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/1260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1260"}],"version-history":[{"count":1,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/1260\/revisions"}],"predecessor-version":[{"id":10415,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/1260\/revisions\/10415"}],"wp:attachment":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}