Vista Outdoor to Release Fourth Quarter and Full Year Fiscal 2023 Financial Results

Rhea-AI Summary

Vista Outdoor plans to report its fourth quarter and fiscal year 2023 financial results on May 3, 2023, post-market. A conference call will follow on May 4, 2023, at 9 a.m. EDT for management to discuss results, outlook, and strategy. Additionally, Vista Outdoor is on track to separate its Outdoor and Sporting Products segments into two independent companies via a tax-free spin-off. This separation plan was announced on May 5, 2022, and the necessary Form 10 has been filed confidentially with the SEC. This move is expected to create shareholder value and streamline operations.

Positive

• Upcoming financial results announcement on May 3, 2023, could provide new insights into company performance.
• Strategic separation of Outdoor Products and Sporting Products segments is on track for 2023, potentially enhancing shareholder value.

Negative

• None.

ANOKA, Minn., April 13, 2023 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE: VSTO) today announced plans to report its fourth quarter and fiscal year 2023 financial results on Wednesday, May 3, 2023, after the market closes. Following the earnings release, Vista Outdoor's management will host a conference call on Thursday, May 4, 2023, at 9 a.m. EDT to review results. In addition to the results, the company expects to discuss its outlook and financial guidance and may discuss matters of strategy during the call.

Access the call on Vista Outdoor's website: http://investors.vistaoutdoor.com/event

Telephone recording: For those who cannot participate in the live webcast, a telephone recording of the conference call will be available. The telephone number is 1-866-813-9403, and the confirmation code is 808178. The recording will be available until Saturday, June 3, 2023.

Separation Update

On May 5, 2022, Vista Outdoor announced that the company plans to separate its Outdoor Products and Sporting Products segments into two independent, publicly traded companies. The company expects to create these companies through a tax-free spin-off of its Outdoor Products segment to Vista Outdoor shareholders.

The company is on track to execute the separation in calendar 2023. The Form 10 has been filed with the Securities Exchange Commission (SEC) confidentially.

About Vista Outdoor Inc.
Vista Outdoor (NYSE: VSTO) is the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products. Brands include Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fox Racing, Bell Helmets, Camp Chef, Giro, Simms Fishing, QuietKat, Stone Glacier, Federal Ammunition, Remington Ammunition and more. Our reporting segments, Outdoor Products and Sporting Products, provide consumers with a wide range of performance-driven, high-quality and innovative outdoor and sporting products. As Vista Outdoor announced in 2022, the company is separating its Outdoor Products and Sporting Products segments into two independent, publicly traded companies. That plan is on track to happen in calendar year 2023. For news and information, visit our website at www.vistaoutdoor.com.

Media Contact
Eric Smith
720-772-0877
media.relations@vistaoutdoor.com

Investor Contact
Tyler Lindwall
612-704-0147
investor.relations@vistaoutdoor.com

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SOURCE Vista Outdoor Inc.

FAQ

When will Vista Outdoor release its financial results for Q4 and fiscal year 2023?

Vista Outdoor will release its financial results on May 3, 2023, after market close.

What is the date of the conference call for Vista Outdoor's financial results?

The conference call will take place on May 4, 2023, at 9 a.m. EDT.

What are the details of Vista Outdoor's planned separation?

Vista Outdoor is planning to separate its Outdoor Products and Sporting Products segments into two independent companies in 2023.