VSTO - Earnings announcements

Vista Outdoor Board of Directors Committed to Maximizing Value to Stockholders Through Sales of The Kinetic Group and Revelyst For an Expected Total Cash Consideration to Stockholders of Approximately $45.001 per Share; Leading Independent Proxy Advisory Firm Institutional Shareholder Services ("ISS") Recommends Vista Outdoor Stockholders Vote "FOR" the Sale of The Kinetic Group to CSG Vista Outdoor FY2025 Q2 Financial Results In-Line With Expectations: Sales of $666 Million; Operating Income of $66 Million with 9.9 Percent Margin; Adj. EBITDA of $111 Million Translating to 16.7 Percent Margin Revelyst FY2025 Q2 Financial Results Exceeded Expectations: Sales of $315 Million; Operatin

Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to report its second-quarter Fiscal 2025 financial results on Wednesday, Nov. 6, after the market closes. In light of the company's pending merger agreement with Czechoslovak Group a.s. to acquire The Kinetic Group, as well as its pending merger agreement with Strategic Value Partners to acquire Revelyst, as announced on Oct. 4, the company will not hold a conference call to discuss its second-quarter results. 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, Camel

Vista Outdoor Board of Directors Committed to Maximizing Value to Stockholders; Ongoing Review of Strategic Alternatives Continuing to Progress; Special Meeting of Stockholders Scheduled to Be Held September 13, 2024 Vista Outdoor Reaffirms Fiscal Year 2025 Outlook: Expects FY2025 Sales of $2.665 Billion to $2.775 Billion, Expects Adjusted EBITDA in the Range of $410 Million to $490 Million Vista Outdoor Strong Q1 FY2025 Cash Provided by Operating Activities of $54 Million and Adjusted Free Cash Flow of $70 Million; Total Debt Decreased $85 Million Sequentially to $635 Million; Net Debt of $579 Million and a Net Debt Leverage Ratio of 1.3x Revelyst Strategically Positioned to Unlo

Vista Outdoor Reaffirms Fiscal Year 2025 Outlook; Reports Preliminary Q1 FY2025 Results Revelyst Expected to Pursue 12-Month $50 Million Share Repurchase Program; Strategically Positioned to Unlock Meaningful Growth and Margin Expansion Special Meeting of Stockholders to be Adjourned to July 30, 2024 Company to Host Earnings Conference Call on Tuesday, August 6, 2024, at 9 a.m. ET to Review Full Quarterly Results, Outlook and Strategy Vista Outdoor Inc. (NYSE:VSTO) ("Vista Outdoor", "we" or the "Company") today announced that on July 21, 2024, the Company entered into an amendment to the merger agreement with Czechoslovak Group a.s. ("CSG"). In addition, the Company reaffirmed its F

Revelyst Q4 Sales Up 1.4% Over Prior Year to $332 Million, Returning to Organic Growth For First Time In Nine Quarters; The Kinetic Group Q4 Sales of $362 Million for Total Q4 Sales of $694 Million Revelyst Q4 Operating Income Margin Increased 622 Basis Points Year Over Year and Sequentially, Increased 454 Basis Points, While Doubling Adjusted EBITDA Dollars; The Kinetic Group Q4 Operating Income Margin Decreased 422 Basis Points Year Over Year; The Kinetic Group Q4 Adjusted EBITDA of $100 Million Strong Q4 Cash Provided by Operating Activities of $161 Million And Adjusted Free Cash Flow of $161 Million, Driven Largely by Sequential Inventory Reduction of $45 Million, a 6.8% Decrea

Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to report its fourth-quarter and full-year fiscal 2024 financial results on Wednesday, May 8, 2024, after the market closes. Vista Outdoor's management will host a conference call on Thursday, May 9, 2024, at 9 a.m. ET 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: https://investors.vistaoutdoor.com/Investors/events-and-presentations/default.aspx Telephone replay: For those who cannot participate in the live webcast, a telephone recording of the conference

Sale of The Kinetic Group1 For $1.91 Billion is On Track and Expected to Create Meaningful Value Revelyst1 GEAR Up Transformation Program is Well Underway; Expect to Drive $100 Million of Run-Rate Cost Savings in FY27, Program Provides a Clear Path to Double Standalone Adjusted EBITDA In FY252 Q3 Total Sales of $682 Million In Line With Expectations; Revelyst Sales of $317 Million; The Kinetic Group Sales of $365 Million Q3 Net Income and Adjusted EBITDA of $(148) Million and $94 Million, Respectively; Net Income and Adjusted EBITDA Margins of (21.7)% and 13.7%, Respectively; Q3 Net Income Included a Non-Cash Impairment of Goodwill and Intangible Assets of $219 Million Bala

Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to report its third quarter fiscal year 2024 financial results on Wednesday, Jan. 31, 2024, after the market closes. Vista Outdoor's management will host a conference call on Thursday, Feb. 1, 2024, at 9 a.m. EST 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: https://investors.vistaoutdoor.com/Investors/events-and-presentations/default.aspx Telephone replay: For those who cannot participate in the live webcast, a telephone recording of the conference call w

Updates 2023 Full-Year Sales and EBITDA Guidance Appoints Christopher T. Metz as President and Chief Executive Officer Solo Brands, Inc. (NYSE:DTC) ("the Company" or "Solo Brands") an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, and Icy Breeze today announced the appointment of Christopher T. Metz as its new President, Chief Executive Officer ("CEO") and Director of the Board effective January 15, 2024. Mr. Metz succeeds John Merris, who will mutually separate from the Company as its President, CEO and Director effective as of the same date. Mr. Metz has more than 25 years of experience leading consumer and durable goods companies and has compiled

Sale of Sporting Products For an Enterprise Value of $1.91 Billion is on Track and Creates Meaningful Value by Returning At Least $750 Million to Stockholders and Locking in Certainty of Value for Sporting Products Vista Outdoor Announces Revelyst, a World Leading House of Outdoor Brands. Revelyst Announces new GEAR Up Transformation Program, Which Will Drive Profitability Improvements and Organic Growth Q2 Total Sales of $676.8 Million; Outdoor Products Sales $327.3 Million; Sporting Products Sales $349.5 Million; Within Previously Provided Range Q2 Net Income and Adj. EBITDA of $44.4 Million and $116.1 Million, Respectively; Net Income and Adj. EBITDA Margins of 6.6% and 17.2

Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to report its second quarter fiscal year 2024 financial results on Wednesday, Nov. 1, 2023, after the market closes. Vista Outdoor's management will host a conference call on Thursday, Nov. 2, 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 replay: For those who cannot participate in the live webcast, a telephone recording of the conference call will be available. The telephone number is 1

Sale aligns with previous plan to separate the company and creates two separate highly focused businesses Transaction valued at approximately 5x enterprise value to Sporting Products Fiscal Year 2024 EBITDA, including estimated standalone costs Outdoor Products, recently rebranded as Revelyst, will become standalone public company upon transaction close Provides preview of second quarter Fiscal Year 2024 results and revised Fiscal Year 2024 guidance Company to host conference call at 9 a.m. ET. on October 16, 2023, to discuss the transaction and its preliminary second quarter FY24 results Leadership appointments include Outdoor Products naming Andy Keegan as CFO and Sporting

Separation Remains on Track, with Outdoor Products CEO in Place, Expect to Spin in Calendar 2023 Q4 Total Sales Were $693.3 Million; Outdoor Products Sales $316.7 Million; Sporting Products Sales $376.6 Million, Consistent With Previous Guidance Net Income and Adj. EBITDA of $58.1 Million and $126.2 Million; Margins of 8.4% and 18.2%, Respectively Outdoor Products' Cost Reduction and Earnings Improvement Program is Taking Hold as Operating Income Margins Increased 465 Basis Points and Adj. EBITDA Margins Increased 473 Basis Points Sequentially Reaffirming FY24 Guidance: Continue to Expect Sales of $2.85 Billion to $2.95 Billion and EBITDA Margins in the Range of 17.75% to 18.75

Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to report its first quarter fiscal year 2024 financial results on Wednesday, July 26, 2023, after the market closes. Vista Outdoor's management will host a conference call on Thursday, July 27, 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 replay: For those who cannot participate in the live webcast, a telephone recording of the conference call will be available. The telephone number is

FY23 Sales of $3.1 Billion. FY23 Q4 Sales of $741 Million; Outdoor Products Sales of $327 Million and Sporting Products Sales of $413 Million FY23 Net Income and Adj. EBITDA of $(10) Million and $622 Million; FY23 Net Income Included a Non-Cash Impairment of Goodwill and Tradenames of $374 Million in Q4 FY23 Cash Flow from Operating Activity of $486 Million; Record FY23 Adj. Free Cash Flow of $493 Million Net Debt Leverage Ratio Improves to 1.6x, Within Target Leverage Ratio of 1-2x; Debt Paydown Remains Priority Expect FY24 Sales of $2.85 Billion to $2.95 Billion, Expect EBITDA Margin in the Range of 17.75% to 18.75% Vista Outdoor Inc. (NYSE:VSTO), the parent company of 41

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://inv

Total Sales were $755 Million; Outdoor Products Sales a Record $353 Million; Sporting Products Sales $402 Million, Consistent with Previous GuidanceEBIT and EBITDA Margins of 12.9% and 16.2%; Adjusted Margins of 14.9% and 18.1%, RespectivelyRobust Free Cash Flow of $109 Million in FY23 Q3: YTD FY23 Q3 Free Cash Flow Reaches a Record $304 Million, up 44% Over Comparable Prior Year PeriodSeparation Remains on Track; Reaffirming Expectation to Complete Spin Off of Outdoor Products in CY23Updates FY23 Guidance, Tightening the Range: Expects FY23 Sales of $3.06 Billion to $3.08 Billion, Adjusted EBITDA Margin in the Range of 19.85% to 20.15%, Free Cash Flow in the Range of $320 Million to $350 Mi

Earnings Call Remains as Scheduled at 9:00 a.m. EST on February 2, 2023 ANOKA, Minn., Feb. 1, 2023 /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, announced today that it will now release its third quarter fiscal year 2023 financial results on Thursday, February 2, 2023, before market open. Following the earnings release, Vista Outdoor's management will host a conference call at 9:00 a.m. EST to review results, as originally announced. Access the call on Vista Outdoor's website: http://investors.vistaoutdoor.com/event

ANOKA, Minn., Jan. 11, 2023 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to report its third quarter fiscal year 2023 financial results on Wednesday, February 1, 2023, after the market closes. Following the earnings release, Vista Outdoor's management will host a conference call on Thursday, February 2, 2023, at 9:00 a.m. EST to review results. In addition to the results, which will be published on Vista Outdoor's website at 5:00 a.m. EST, 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

Sales Increased to $782 Million; Sporting Products Sales of $432 Million; Outdoor Products Sales of $349 MillionEBIT and EBITDA Margins of 16.9% and 19.8%; Adjusted Margins of 18.0% and 21.0%, RespectivelyClosed Acquisitions of Premium Outdoor Lifestyle Brands Fox Racing and Simms FishingFree Cash Flow of $195 Million, up 84% in First Six Months of FY23Expects FY23 Sales Midpoint of $3.1 Billion, up 2% from FY22; EBITDA Margin between 19.75% to 20.25%ANOKA, Minn., Nov. 2, 2022 /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, today reported financi

Andrew Keegan Named Interim CFO as the Company Undertakes a Formal Executive Search Company Reports Preliminary Second Quarter FY23 Financial Results Spin-Off of Outdoor Products Segment Remains on Track for Calendar 2023 ANOKA, Minn., Oct. 24, 2022 /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO) today announced that after two and a half years in his role, Sudhanshu Priyadarshi, the Company's Chief Financial Officer, has decided to pursue another opportunity and will be leaving his role in November. Mr. Priyadarshi will continue to fulfill his duties as CFO until his departure, including the release of the Company's Q2 FY23 financial results.

ANOKA, Minn., Oct. 12, 2022 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to release its second quarter fiscal year 2023 financial results on Wednesday, November 2, 2022, after the market closes. Following the earnings release, Vista Outdoor's management will host a conference call on Thursday, November 3, 2022 at 9:00 a.m. EDT to review results. The conference call will be broadcast live over the Internet and can be accessed at: http://investors.vistaoutdoor.com/event. For those unable to listen to the live webcast, an archived version

Sales Increased 21% to $803 Million, GAAP EPS Rose 26% to $2.16 and Adjusted EPS Rose 33% to $2.31EBIT and EBITDA Margins of 21% and 24%, Respectively; Net Debt Leverage Ratio of 0.7xEnters Definitive Agreements to Purchase Simms Fishing and Fox Racing Expanding Iconic Brand PortfolioUpdates FY23 Guidance to Reflect Continued Growth and Profitability ExpansionExpects FY23 Sales of $3.3 Billion, up 7% at Midpoint, 20% EBIT Margin, and 21% EBITDA MarginCapital Allocation Strategy Shifts to Using Strong Free Cash Flow for Debt RepaymentANOKA, Minn., July 27, 2022 /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO), the parent company of 39 renowned brands that design, manufacture and market sporting

Simms to Anchor New Platform in the Fishing Category Within Vista Outdoor's Outdoor Products Portfolio Acquisition Strengthens Vista Outdoor with Twelfth Power Brand, Adds Approximately $110 Million in Net Sales ANOKA, Minn., July 27, 2022 /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO), the parent company of 39 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, today announced the acquisition of Simms Fishing Products for a purchase price of $192.5 million. The gross purchase price includes a net present value of roughly $20 million in future tax benefits. Simms is a premium fishing brand and leading designer, marketer and manufa

Fox Racing Complements Vista Outdoor's Existing Brand Portfolio, Expands Leadership Positions in Helmets, Protective Gear and Apparel for Motocross and Mountain Biking Acquisition Bolsters Outdoor Products Segment, Adds Approximately $350 Million in Revenue ANOKA, Minn., July 6, 2022 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO), the parent company of 39 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, today announced that it has entered into a definitive agreement to acquire Irvine, Calif.-based Fox Racing, a global icon in performance motocross, mountain bike and lifestyle gear for adventure seekers. The p

ANOKA, Minn., July 6, 2022 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to report its first quarter fiscal year 2023 financial results on Thursday, July 28, 2022, before the market opens. Vista Outdoor will host a conference call at 9:00 a.m. EDT. In addition to the results, which will be published on Vista Outdoor's website at 5:00 a.m. EDT, 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

Creates Two Market-Leading, Highly-Focused Companies Chris Metz to Continue as CEO of Vista Outdoor Until Separation; Following Separation Will be Appointed CEO of Outdoor Products Jason Vanderbrink to Continue to Lead Sporting Products and to be Appointed CEO Following Separation Separation Expected to be Completed in Calendar Year 2023 Separately Announced Q4 and FY 2022 Financial Results; Company to Host Conference Call at 9:00 a.m. ET ANOKA, Minn., May 5, 2022 /PRNewswire/ -- Vista Outdoor Inc. ("Vista", the "Company" or "we") (NYSE:VSTO) today announced that its Board of Directors has unanimously approved a plan to separate its Outdoor Products and Sporting Products segments into two i

Record Fiscal Year Sales Surpassing $3 Billion, up 37%, Record GAAP EPS of $8.00 and Adjusted EPS of $8.29Sporting Products Sales Increase 55% and Outdoor Products Sales Rise 18% in FY22Fiscal Year EBIT and EBITDA Margins Increase to 21% and 24%, Respectively, Above 3-Year TargetsNet Debt Leverage Ratio Improves to 0.9x, Below Target Leverage Ratio of 1-2xIntroduces Fiscal Year 2023 Outlook; Expects Sales Growth of 5% at the MidpointANOKA, Minn., May 5, 2022  /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO) today reported operating results for the fourth quarter and Fiscal Year 2022 (FY22), which ended on March 31, 2022.

ANOKA, Minn., April 14, 2022 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) today announced plans to report its fourth quarter and fiscal year 2022 financial results on Thursday, May 5, 2022, before the market opens.  Vista Outdoor will host a conference call at 9:00 a.m. EST. In addition to the results, which will be published on Vista Outdoor's website at 5:00 a.m. EST, 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

ANOKA, Minn., Feb. 3, 2022 /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO), the parent company of 39 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, today reported financial results for the third quarter of its Fiscal Year 2022 (FY22), which ended on December 26, 2021. "Our record third quarter results demonstrate that we're successfully executing on our Value Creation strategy and reflect continued high consumer demand for our products," said Chris Metz, Chief Executive Officer. "The power of our brands, combine

ANOKA, Minn., Jan. 13, 2022 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) will host its investor conference call on third quarter fiscal year 2022 financial results on Thursday, February 3, at 9:00 a.m. EST. In addition to the results, which will be published on Vista Outdoor's website at 5:00 a.m. EST, 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

ANOKA, Minn., Nov. 4, 2021 /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO), a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, today reported financial results for the second quarter of its Fiscal Year 2022 (FY22), which ended on September 26, 2021. "When I joined Vista Outdoor four years ago, we embarked on a transformative journey that laid the foundation on which our top quartile performance in sales growth and profitability has been built. Our Company is now stronger, more nimble and more efficient than ever befor

ANOKA, Minn., Oct. 14, 2021 /PRNewswire/ -- Vista Outdoor Inc. ("Vista Outdoor") (NYSE:VSTO) will host its investor conference call on second quarter fiscal year 2022 financial results on Thursday, November 4 at 9:00 a.m. EDT. In addition to the results, which will be published on Vista Outdoor's website at 5:00 a.m. EDT, 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

ANOKA, Minn., July 29, 2021 /PRNewswire/ -- Vista Outdoor Inc. (NYSE:VSTO), a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, today reported financial results for the first quarter of its Fiscal Year 2022 (FY22), which ended on June 27, 2021. "Fiscal year 2022 is off to a terrific start with our fourth consecutive quarter of record performance due to strong demand, great execution and a powerhouse line up of innovative outdoor products," said Vista Outdoor Chief Executive Officer Chris Metz. "The credit goes to our