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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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Revelyst, the Outdoor Products division of Vista Outdoor Inc. (NYSE: VSTO), appoints Joyce Butler as CHRO as it prepares to become a standalone public company. Butler brings over 25 years of experience in human resources, having worked in industries such as health care, technology, and entertainment. Her appointment reflects Revelyst's focus on building a people-first culture and emphasizes the power of teams and team building. With a Master of Science in Training and Development, a Bachelor of Science in Hospitality Sales and Meeting Management, and a Graduate Certificate in Executive Coaching, Butler's diverse background positions her to help Revelyst become the world’s No. 1 house of brands and an employer of choice in the industry.
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Revelyst, a division of Vista Outdoor Inc. (NYSE: VSTO), appoints Joyce Butler as CHRO as it prepares to become a standalone public company. Butler brings over 25 years of experience in human resources and talent management from various industries, including health care, technology, and entertainment. She will play a key role in building a people-first culture at Revelyst, emphasizing the power of teams and team building.
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Vista Outdoor Inc. (VSTO) plans to report its Q3 fiscal year 2024 financial results on Jan. 31, 2024, with a conference call on Feb. 1, 2024, to discuss the results, outlook, and financial guidance.
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Solo Brands, Inc. (NYSE:DTC) provided updates on its 2023 full-year sales and EBITDA guidance, as well as the appointment of Christopher T. Metz as its new President, Chief Executive Officer, and Director of the Board. The company announced a decrease in revenue expectations to $490-500 million from the previous $520-540 million, and a decrease in adjusted EBITDA margin to 14-15% from the previous 17-18%. The appointment of Chris Metz as the new CEO was hailed as a strategic move to drive growth and transform the company, while also expressing gratitude to the outgoing CEO, John Merris.
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Vista Outdoor Inc. (NYSE: VSTO) and Sport Dimension Inc. have renewed the brand license for Jimmy Styks, a stand-up paddleboard (SUP) market leader, under the company's Revelyst segment. Vista Outdoor, the parent company of 41 renowned brands, acquired Jimmy Styks in 2015 and began a brand license partnership with Sport Dimension Inc. in 2020. The multi-year partnership aims to provide innovative and user-friendly designs for water sport enthusiasts, offering nearly 30 SKUs in epoxy and inflatable boards, as well as accessories.
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Vista Outdoor Inc. (NYSE: VSTO) and Czechoslovak Group a.s. (CSG) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with CSG’s proposed acquisition of Vista Outdoor’s Sporting Products business. The transaction, expected to close in 2024, is subject to remaining regulatory approvals and stockholder approval.
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Vista Outdoor Inc. (NYSE: VSTO) rejects an unsolicited proposal from Colt CZ Group SE to combine the two companies. The Vista Outdoor Board has determined that the proposal undervalues the company and does not provide adequate detail, and remains committed to the acquisition of the Sporting Products business by Czechoslovak Group a.s. The acquisition is expected to close in 2024, subject to necessary approvals.
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Vista Outdoor Inc. (VSTO) has received an unsolicited proposal from Colt CZ Group SE to merge in a cash and stock transaction valuing each share of Vista Outdoor at $30. This comes after Vista Outdoor entered into an agreement to sell its Sporting Products business to Czechoslovak Group a.s. for $1.91 billion. The Board of Directors is reviewing the Colt CZ Proposal while remaining committed to the best interests of Vista Outdoor stockholders.
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Revelyst: Launches Curated Gift Guide 'Revelyst Lyst' Featuring Innovative Products from Maker Brands for Holiday Shopping. The guide includes precision sports and technology, adventure sports, and outdoor performance products from renowned brands like Foresight Sports, Bushnell Golf, Fox Racing, CamelBak, Bell, Giro, and more.
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Vista Outdoor Inc. (NYSE: VSTO) to participate in two investor conferences in December, including Morgan Stanley Global Consumer and Retail Conference on Dec. 6 and ROTH MKM 12th Annual Deer Valley Event on Dec. 14. Webcasts accessible on Vista Outdoor’s investor relations website.
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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