One of the largest ammunition manufacturers in the U.S. is about to sell its shooting sports business, but the deal isn’t going smoothly. Amid national security concerns and competing bids for the business, Vista Outdoor‘s (NYSE:VSTO) plan to split in two is suddenly very complicated and roiling the market for ammo stocks.Although the industry has occasionally suffered from shortages, some of them for an extended period, ammo has largely returned to normalcy after the pandemic. With a presidential election ...

ANOKA, Minn.--(BUSINESS WIRE)--The Vista Outdoor Foundation (the “Foundation”), the philanthropic partner of Vista Outdoor Inc. (NYSE: VSTO), today announced the donation of $208,000 to four nonprofit organizations, concluding a multi-year grant commitment. The four nonprofits receiving proceeds are: Little Bellas: Mentoring on Mountain Bikes: Little Bellas creates opportunities for girls to experience success using mountain biking as the platform and pathway to personal growth. Outdoors Tomorrow Foun ...

ANOKA, Minn.--(BUSINESS WIRE)--Revelyst, a collective of world-class maker brands that design and manufacture performance gear and precision technologies and a segment of Vista Outdoor Inc. (NYSE: VSTO), today announced it will host an Investor Day. Revelyst is in the process of separating into a standalone public company, with an expected execution in the second quarter of calendar year 2024. The event will be held on Wednesday, May 29, 2024, at the company’s Adventure Sports headquarters in Irvine, Califo ...

ANOKA, Minn.--(BUSINESS WIRE)--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 announced it will participate in two investor conferences in March. UBS Global Consumer and Retail Conference — March 14 36th Annual ROTH Conference — March 18 The ROTH conference will feature Revelyst CEO Eric Nyman and CFO Andy Keegan in a fireside chat via webcast from 10:30 a.m. to 1 ...

ANOKA, Minn.--(BUSINESS WIRE)--Vista Outdoor Inc. (NYSE: VSTO) today announced that its Board of Directors (the “Vista Outdoor Board”), following consultation with its financial and legal advisors, has rejected an unsolicited indication of interest received on February 19, 2024 from MNC Capital (“MNC”) pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $35.00 per Vista share (the “MNC Indication”). The Vista Outdoor Board also issued a letter to MNC which is r ...

ANOKA, Minn.--(BUSINESS WIRE)--Vista Outdoor Inc. (NYSE: VSTO) today confirmed that it has received an unsolicited indication of interest from MNC Capital (“MNC”) pursuant to which MNC expresses its interest in acquiring Vista Outdoor in an all-cash transaction for $35.00 per Vista share (the “MNC Indication”). As previously announced, on October 15, 2023, Vista Outdoor entered into an agreement and plan of merger pursuant to which Vista Outdoor has agreed to sell its Sporting Products business to Czechosl ...

DALLAS, Texas--(BUSINESS WIRE)--MNC Capital Partners, L.P. (“MNC”) today announced that on February 19, 2024, it submitted a proposal to acquire Vista Outdoor, Inc. (NYSE: VSTO) (“Vista”) for $35.00 per share at which point Vista’s closing share price was below $30.00 per share. MNC submitted a proposal on February 19, 2024, to which Vista Outdoor responded on February 26, 2024. MNC sent a follow up letter on February 28, 2024, to which Vista Outdoor responded on February 29, 2024. The full text of these ...

On Monday, Feb. 19, Rep. Ryan Zinke, R-Mont., hosted a roundtable on the Public Lands in Public Hands Act at Stone Glacier’s headquarters in Bozeman, Montana. Representatives from Simms Fishing Products and Stone Glacier, both of which are Bozeman-based, voiced support for the Act and explained why Revelyst firmly believes in public land access and stewardship. (Photo: Business Wire)On Monday, Feb. 19, Rep. Ryan Zinke, R-Mont., hosted a roundtable on the Public Lands in Public Hands Act at Stone Glacier’s h ...

ANOKA, Minn.--(BUSINESS WIRE)--Revelyst, a collective of world-class maker brands that design and manufacture performance gear and precision technologies, today announced an update on its GEAR Up transformation initiative. Revelyst, a segment of Vista Outdoor Inc. (NYSE: VSTO), is in the process of separating into a standalone public company, with an expected execution date later this year. As part of this process, Revelyst is working to unlock its potential by directing resources to better meet consumer de ...

Our direct-to-consumer sales channel is building momentum and saw marked year over year improvement in both the quarter and during the holiday season. Our D2C sales for the quarter increased 15% year over year led by our adventure sports platforms over 40% year over year increase. During the holiday season measured from mid-November through the end of December, B2C sales were up 9% year over year. Our Precision Sports Technology and adventure sports platforms performed strongly as both increased their holid ...