All Vista Outdoor articles – Page 3
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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 briefsVista and CSG receive antitrust clearance for proposed merger
Vista Outdoor and Czechoslovak Group (CSG) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired. As previously reported, Vista Outdoor entered into an agreement and plan of merger on Oct. 15, pursuant to which Vista has agreed to sell its Sporting Products business to ...
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News briefsVista Outdoor completes CEO transition, two co-CEOs
As part of the previously announced company split and the acquisition of the ammunition business by Czechoslovak Group a.s. (CSG), Vista Outdoor has appointed Eric Nyman and Jason Vanderbrink as co-CEOs, according to an SEC filing. They succeed Gary McArthur, who had been interim CEO of the company since November ...
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News briefsVista Outdoor declines unsolicited offer
Vista Outdoor’s Board of Directors, following consultation with its financial and legal advisors, has rejected the unsolicited proposal received on Nov. 22, 2023 from Colt CZ Group SE. The Vista Outdoor Board continues to recommend the acquisition of the Sporting Products business by Czechoslovak Group a.s. (CSG) and remains committed ...
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News briefsVista Outdoor receives unsolicited second bid for acquisition of Sporting Products business
Vista Outdoor reports that it has received an unsolicited proposal from Prague-based Colt CZ Group SE to combine Colt CZ and Vista Outdoor in a cash and stock transaction that Colt CZ said would attribute a value of $30 to each share of Vista Outdoor common stock. As previously reported, ...
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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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ArticleVista Outdoor announces public filing to spin off its outdoor product brands
Vista Outdoor Inc., the parent company of 41 sports and outdoor brands, filed a public registration statement on Form 10 with the Securities and Exchange Commission (SEC) on Sept. 5, 2023, in connection with its previously announced plan to separate its Outdoor Products and Sporting Products segments into two independent, ...
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ArticleFirst rebrand of Vista Outdoor's segment separation announced
Following the separation of its Outdoor Products and Sporting Products segments into two new, independent publicly traded companies, Vista Outdoor is to be rebranded. The new name, logo and NYSE ticker of the Sporting Products segment were unveiled on Aug. 10, in an employee town hall in Lewiston, Idaho.
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ArticleVista Outdoor appoints more executives for upcoming Sporting Products spinoff
Source: Business Wire Andy Keegan, Vice President and interim CFO for Vista Outdoor, has been appointed CFO for the Sporting Products Company following the spinoff. Vista Outdoor Inc, the parent company of 41 sporting goods and outdoor lifestyle brands, announced that its Board of Directors has made ...
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ArticleVista Outdoor’s Q1 net dips by 54 percent; Outdoor Products spin-off slated for Q4
Vista Outdoor, which is proceeding with plans to spin off its Outdoor Products segment in Q4 of this calendar year, reported a 54 percent decline in Q1 net income to $58.1 million from $126.0 million for the period ended June 25. Ebit was down by 55 percent to $75.4 million ...
