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"Last week Olin (NYSE: OLN) reported its Winchester brand of ammunition saw sales more than double for the first quarter while segment earnings surged eight-fold."

I hope these public disclosures put to rest some of the "ammo manufacturers are withholding product to drive the prices up" conspiracy theorists post so frequently.
 
Exactly and when they say sales doubled I think they mean in dollars not in quantity of cartridges. That would explain how earnings went up eight fold.
It might also indicate that in the previous year they had to cut prices in order to move an oversupply of stock due to reduced demand, at least in the early part of the year. Later in the year they might well have been impacted by supply chain issues due to COVID shut downs.
 

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