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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.

Rhea-AI Summary
Vista Outdoor Inc. reported Q2 total sales of $676.8 million, with net income of $44.4 million. The sale of Sporting Products for $1.91 billion will return at least $750 million to stockholders. The company's balance sheet is healthy, with outstanding debt decreasing to $945 million and a net debt leverage ratio of 1.8x. FY24 guidance remains unchanged with sales projected between $2.725 billion to $2.825 billion and EBITDA margins in the range of 15.50% to 16.25%.
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Vista Outdoor Inc. announces that Jung Choi will serve as General Counsel and Corporate Secretary for Revelyst following the separation of its Outdoor Products segment into a standalone public company.
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Vista Outdoor Inc. announces that Andy Keegan will serve as CFO of Revelyst following the planned separation of the company's Outdoor Products segment.
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Vista Outdoor Inc. to report Q2 fiscal year 2024 financial results
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Czechoslovak Group to Acquire Vista Outdoor's Sporting Products Business for $1.91 Billion
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Vista Outdoor Inc. announces the sale of its Sporting Products business to Czechoslovak Group for $1.91 billion.
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Vista Outdoor's Outdoor Products segment will be named Revelyst, Inc., and trade on the NYSE under the ticker 'GEAR'.
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Vista Outdoor Inc. to host Investor Day on Oct. 19, 2023, presenting plans for separation of Outdoor Products and Sporting Products segments into two independent companies in 2023.
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Vista Outdoor files Form 10 for spin-off of Outdoor Products segment in Q4 2023
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Vista Outdoor Inc. (NYSE: VSTO) will be rebranded as The Kinetic Group with the NYSE ticker 'HUNT' following the spinoff of its Outdoor Products business. Sporting Products President and CEO Jason Vanderbrink unveiled the new name, logo, and ticker symbol, emphasizing ammo leadership, community support, and conservation. The new name of the Outdoor Products company will be released soon. The Kinetic Group will trade on the NYSE and feature original logo artwork of a North American ram, representing the energy behind the company and its leading ammunition brands.
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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