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Vista Outdoor Inc (VSTO.N)

VSTO.N on New York Stock Exchange

16.48USD
22 Jun 2018
Change (% chg)

$-0.13 (-0.78%)
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$16.61
Open
$16.67
Day's High
$16.85
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$16.41
Volume
294,881
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243,496
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$25.07
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Latest Key Developments (Source: Significant Developments)

Vista Outdoor Names Miguel "Mick" Lopez As CFO
Thursday, 29 Mar 2018 

March 29 (Reuters) - Vista Outdoor Inc ::VISTA OUTDOOR NAMES MIGUEL "MICK" LOPEZ AS CHIEF FINANCIAL OFFICER.VISTA OUTDOOR INC - LOPEZ MOST RECENTLY SERVED AS CFO OF VERITAS TECHNOLOGIES.  Full Article

Vista Outdoor reports Q2 adjusted EPS of $0.34
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Vista Outdoor Inc ::Announces FY18 second quarter operating results.Q2 adjusted earnings per share $0.34.Q2 loss per share $2.01.Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.Q2 sales $587 million versus I/B/E/S view $588.8 million.Revises FY18 financial guidance​.During quarter we recorded an impairment of intangible assets of $152 million in our outdoor products segment​.Sees FY 2018 adjusted earnings per share $0.50 to $0.60.Sees ‍FY18 sales in a range of $2.24 billion to $2.26 billion​.Sees ‍FY18 capital expenditures of approximately $65 million​.Sees ‍FY18 free cash flow in a range of $155 million to $175 million​.Announcing intention to sell the Bollé, Serengeti and Cébé brands in the sports protection business‍​.Decided to eliminate the shooting sports segment president position‍​.‍"Ongoing promotional activity combined with high inventory trends in our wholesale channels contributed to a challenging quarter"​.  Full Article

Vista Outdoor acquires Camp Chef
Thursday, 1 Sep 2016 

Vista Outdoor Inc : Vista outdoor acquires Camp Chef . Vista outdoor will pay a total purchase price of $74 million for Camp Chef . Vista Outdoor Inc says Vista Outdoor expects acquisition to be slightly accretive to FY17 earnings per share . Says purchase price will also be subject to a customary working capital adjustment . Vista Outdoor financed purchase price paid at closing using borrowings under its existing revolving credit facility . Vista Outdoor Inc says Camp Chef will be integrated into outdoor products segment of Vista Outdoor .Plans to record payments conditioned on continued employment as a compensation expense in future periods.  Full Article

Vista Outdoor board approves $100 mln share repurchase program
Thursday, 25 Aug 2016 

Vista Outdoor Inc : Vista outdoor board of directors approves $100 million share repurchase program . Says program also allows company to execute repurchases using rule 10b5-1 trading plans .Vista outdoor's share repurchase program expires at end of fiscal year 2018.  Full Article

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Breakingviews - Cox: Gun taint prods a corporate restructuring

NEW YORK (Reuters Breakingviews) - Three years ago, Vista Outdoor was brought to life in that manner by which corporations reproduce: a tax-free spinoff to shareholders. Alliant Techsystems, a defense business, set Vista free to be “a standalone, publicly traded outdoor sports and recreation company.” That was a euphemistic way to say Vista sells guns like the AR-15 semi-automatic assault-style rifles used in the mass-shootings that have become all too common in the United States.