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 ...

Vista Outdoor Inc. (VSTO) reported dismal results in third-quarter fiscal 2024 (ended Dec 24, 2023), with earnings and revenues missing the Zacks Consensus Estimate. The metrics declined on a year-over-year basis.The downside was caused by lower shipments in various categories, driven by normalized channel inventory and reduced pricing at The Kinetic Group. The Revelyst segment faced challenges due to reduced volume and an unfavorable mix stemming from ongoing short-term consumer pressures.The sale of The K ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 24, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-36597 Vista Outdoor Inc. (Exact name of Registrant as specified in its charter) | Delaware | | | 47-1016855 | | --- | --- | --- | --- | | (St ...

Vista Outdoor Inc. (VSTO) is scheduled to report third-quarter fiscal 2024 results on Jan 31. In the last reported quarter, the company delivered a negative earnings surprise of 3%.How are Estimates Placed?The Zacks Consensus Estimate for fiscal third-quarter earnings per share is pegged at 84 cents, suggesting a decline of 35.4% from $1.30 reported in the year-ago quarter.For revenues, the consensus mark is pegged at $687.9 million, indicating a decline of 8.8% from the prior-year quarter’s reported figure ...

ANOKA, Minn.--(BUSINESS WIRE)--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 Outd ...

Vista Outdoor Inc. (NYSE:VSTO) Q2 2024 Earnings Conference Call November 2, 2023 10:00 AM ET Eric Nyman - CEO of the Outdoor Products Segment & Director Tyler Lindwall - Vice President of Corporate Development, IR and FP&A Alex Sturnieks - Lake Street Capital Markets Operator Tyler Lindwall Gary, I'll turn it over to you. We are currently at one of the most exciting junctures in our company's history. As recently announced, we have entered into a definitive agreement to sell our Sporting Products segment to ...