All Revelyst articles – Page 3
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ArticleVista Outdoor rejects unsolicited offer from MNC Capital
Vista Outdoor announced on the morning of March 4, 2024 that its Board of Directors, after consultation with its financial and legal advisors, has rejected the unsolicited expression of interest from MNC Capital in which MNC expressed an interest in acquiring Vista Outdoor in a cash transaction for $35 per ...
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ArticleVista Outdoor receives takeover bid of $2.9bn for entire group
Vista Outdoor unveiled it has received an offer of $35 per share in cash from the investment firm MNC Capital on Feb. 19, 2024, corresponding to a valuation of $2.9 billion including debt. The offer was made for the entire group, i.e., both the Outdoor business, soon to be listed ...
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ArticleVista Outdoor posts Q3 loss, but Revelyst inventory improves
Vista Outdoor´s operating loss was $180.0 million against a profit of $96.7 million for the period ended Dec. 24. The net loss was $148.2 million against a profit of $65.1 million as gross margin slid by 190 basis points to 29.7 percent from 31.6 percent. Total sales fell 9.6 percent ...
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ArticleRevelyst provides ‘GEAR Up’ transformation update, closes offices and consolidates teams
Revelyst, the segment of Vista Outdoor Inc. that will become a stand-alone public company later this year, announced an update on its “GEAR Up” transformation initiative (the title refers to the future ticker name “GEAR” of Revelyst on the New York Stock Exchange). As part of the spin-off process, Revelyst ...
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News briefsRevelyst hires Chief Human Relations Officer
Source: Business Wire Joyce Butler Revelyst, the Outdoor Products division of Vista Outdoor, has announced the appointment of Joyce Butler as Chief Human Relations Officer. Revelyst is currently in the process of spinning off into a stand-alone public company, which is expected to be finalized later this ...
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Data & Analysis2023 Bicycle Industry Stock Chart: Bet on interest rate cut boosts year-end rally
Here you can find out why the global bicycle stock market performed better than expected last year and what the role of the selected stocks in our OIC Bicycle Stock played.
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News briefsVista Outdoor announces license renewal for Jimmy Styks
Vista Outdoor and water sports products manufacturer Sport Dimension have announced the renewal of their Jimmy Styks brand license with a global, multi-year partnership. Jimmy Styks, founded in 2013, specializes in stand-up paddleboards (SUP) and SUP accessories. Vista Outdoor acquired Jimmy Styks in 2015 and began a brand license partnership ...
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News briefsRevelyst hires digital content consultant for Foresight Sports
Source: Revelyst Andrew Stalbow Revelyst, a Vista Outdoor company, announced that Andrew Stalbow will initially join San Diego-based golf brand Foresight Sports as a digital content and gaming consultant. Stalbow’s consulting role went into effect Nov. 3. Stalbow was previously CEO of Seriously, a company he co-founded ...
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ArticleVista Outdoor will prioritize debt reduction ahead of vote on Sporting Products divestiture
Vista Outdoor, which agreed in mid-October to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion, says it will continue to prioritize debt reduction ahead of a vote by shareholders to approve the sale. The company finished Q2 on Sept. 24 with ...
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News briefsVista Outdoor appoints General Counsel for Revelyst
Source: Vista Outdoor Jung Choi Vista Outdoor announced that Jung Choi will serve as General Counsel and Corporate Secretary for Revelyst following the planned spin-off of Vista’s Outdoor Products segment into a separate public company. Her appointment will be effective Oct. 23. Until the spin-off is completed, ...
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News briefsVista Outdoor announces CFO for Revelyst
Source: Vista Outdoor Andy Keegan Previously considered a plan, it’s now official: Andy Keegan, currently Vista Outdoor’s vice president and interim CFO, will serve as Revelyst’s CFO following the planned spin-off of Vista Outdoor’s Outdoor Products segment into a separate public company. Keegan will continue to serve ...
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ArticleQ3 Bicycle Industry Stock Chart: Bike manufacturers had to cut back
Even though the long-term prospects of the bicycle sector are looking promising, it is currently operating in difficult terrain. This is also reflected by The Outdoor Industry Compass’ Q3 analysis of the bicycle industry stock market.
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ArticleVista Outdoor divests Sporting Products business for $1.91bn
Vista Outdoor has agreed to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion. The transaction is subject to customary closing conditions. This transaction is the next step in Vista Outdoor’s plan to split the business into separate entities, previously announced on ...
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ArticleVista Outdoor unveils name for outdoor products segment
Having already announced the new name of its Sporting Products segment (The Kinetic Group) last August, Vista Outdoor Inc. has now revealed the name and identity of its Outdoor Products segment following the planned separation of the group: Revelyst, Inc. The new Outdoor Products company will trade on the New ...
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