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Vista Outdoor Inc. reported strong fourth-quarter financial results and fiscal year 2024 results, with Revelyst Q4 sales up 1.4% to $332 million and positive fiscal year 2025 outlook. The Kinetic Group Q4 sales were $362 million, with various operational improvements and strategic options. Despite revenue declines and challenges, the company remains confident in its path forward and transformation programs.
Revelyst, a segment of Vista Outdoor Inc., has announced the sale of RCBS, a reloading brand, to Hodgdon Powder Co. This move aims to position RCBS for growth under Hodgdon's ownership, ensuring operational excellence and scale in the shooting sports industry. The sale will allow Revelyst to enhance operational efficiencies, evaluate acquisitions, and invest in innovation and organic growth.
Revelyst, a segment of Vista Outdoor Inc. (NYSE: VSTO), will reschedule its Investor Day at Adventure Sports headquarters in Irvine, California due to the Vista Outdoor Board of Directors' decision to adjourn the shareholder vote on outside interest. The event, initially planned for May 29, will now take place in early fall, featuring key leaders presenting Revelyst's strategy, key initiatives, and financial performance.