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Vista Outdoor Inc. - VSTO STOCK NEWS

Welcome to our dedicated page for Vista Outdoor news (Ticker: VSTO), a resource for investors and traders seeking the latest updates and insights on Vista Outdoor stock.

Vista Outdoor Inc. (NYSE: VSTO) is a leading global designer, manufacturer, and marketer of consumer products in the ever-growing outdoor sports and recreation markets. Headquartered in the United States, Vista Outdoor employs over 6,000 individuals worldwide. The company's diverse portfolio includes well-recognized brands that offer high-quality and innovative products. These products include sporting ammunition and firearms, outdoor accessories, outdoor sports optics, golf rangefinders, and performance eyewear.

Core Business and Operations: Vista Outdoor operates through several key segments: the Kinetic Group, Revelyst Outdoor Performance, Revelyst Adventure Sports, and Revelyst Precision Sports Technology. The Kinetic Group, which focuses on ammunition brands, remains the company's primary revenue generator. This segment supplies ammunition for various activities, including training, hunting, target shooting, and personal protection.

Vision and Mission: The company's vision is to become a leading provider of quality products for outdoor enthusiasts. Vista Outdoor aims to deliver superior long-term returns to shareholders, offer value to customers and consumers, and provide rewarding careers for its employees. Its mission is to inspire people to enjoy the outdoors by leveraging its extensive capabilities and experience to create products that help enthusiasts achieve independence and success in their chosen activities.

Recent Achievements and Projects: Vista Outdoor continues to expand its market presence through strategic acquisitions and innovative product launches. Recent noteworthy achievements include the introduction of advanced performance eyewear and enhancements in their sporting optics range. The company also prides itself on fostering partnerships that enhance its brand value and product offerings.

Financial Condition: Vista Outdoor has shown robust financial performance with steady revenue growth, driven largely by its Kinetic Group. The firm's ability to adapt to market trends and consumer needs has solidified its position as a market leader in the outdoor sports arena.

Latest Developments: The company remains committed to innovation and customer satisfaction, consistently updating its product lines and exploring new market opportunities. Recent news highlights include strategic partnerships, product launches, and financial updates that underscore Vista Outdoor's commitment to growth and excellence in the outdoor recreation market.

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Vista Outdoor Inc. reported financial results for Q1 FY24, with total sales of $693.3 million. Net income was $58.1 million and Adj. EBITDA was $126.2 million. Outdoor Products' cost reduction program is showing positive results. FY24 guidance reaffirmed with expected sales of $2.85 billion to $2.95 billion and EBITDA margins of 17.75% to 18.75%.
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Vista Outdoor Inc. has appointed Eric Nyman as CEO of the company’s Outdoor Products segment and a member of the board, effective Aug. 21. Nyman joins Vista Outdoor from Hasbro Inc., where he served as president and COO. Nyman will lead the new Outdoor Products Company following a planned separation later this year. Outdoor Products will be an industry-leading platform of iconic outdoor brands, including CamelBak, Bell, Giro, Camp Chef, Bushnell, and more. Nyman's experience in the consumer products industry and his leadership skills make him fit to lead the Outdoor Products Company.
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FAQ

What is the current stock price of Vista Outdoor (VSTO)?

The current stock price of Vista Outdoor (VSTO) is $44.11 as of November 15, 2024.

What is the market cap of Vista Outdoor (VSTO)?

The market cap of Vista Outdoor (VSTO) is approximately 2.0B.

What does Vista Outdoor Inc. do?

Vista Outdoor Inc. designs, manufactures, and markets consumer products for the outdoor sports and recreation markets, including ammunition, firearms, outdoor accessories, and performance eyewear.

How many employees does Vista Outdoor Inc. have?

Vista Outdoor Inc. employs over 6,000 individuals worldwide.

What is the primary revenue generator for Vista Outdoor?

The majority of Vista Outdoor's revenue is generated from its Kinetic Group segment, which focuses on sporting ammunition brands.

What is Vista Outdoor's vision?

Vista Outdoor's vision is to be a leading provider of quality products for outdoor enthusiasts while delivering superior long-term returns to shareholders, value for customers and consumers, and rewarding careers for employees.

What are the main segments of Vista Outdoor's operations?

Vista Outdoor operates through the Kinetic Group, Revelyst Outdoor Performance, Revelyst Adventure Sports, and Revelyst Precision Sports Technology.

Where is Vista Outdoor headquartered?

Vista Outdoor is headquartered in the United States.

What recent projects has Vista Outdoor undertaken?

Recent projects include the introduction of advanced performance eyewear, enhancements in their sporting optics range, and a focus on strategic acquisitions.

What types of products does Vista Outdoor offer?

Vista Outdoor offers sporting ammunition, firearms, outdoor accessories, outdoor sports optics, golf rangefinders, and performance eyewear.

How does Vista Outdoor ensure product innovation?

Vista Outdoor remains committed to innovation through continuous product updates, strategic partnerships, and exploring new market opportunities.

Why is Vista Outdoor significant in the market?

Vista Outdoor's robust financial performance, extensive product portfolio, and commitment to quality and innovation make it a market leader in the outdoor sports and recreation industry.

Vista Outdoor Inc.

NYSE:VSTO

VSTO Rankings

VSTO Stock Data

1.97B
58.34M
7.96%
90.69%
3.35%
Leisure
Ordnance & Accessories, (no Vehicles/guided Missiles)
Link
United States of America
ANOKA