ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. will separate its shooting sports and ammunition brands from outdoor sports brands — including Bell, Giro, Blackburn, CamelBak and QuietKat — by splitting into two distinct publicly-traded companies. The company announced the plan Thursday morning prior to releasing its quarterly and full-year earnings report.  It said the separation, which the Vista board has unanimously approved, will increase strategic focus and capital allocation, strengthen its ability to attract and retain top employees and better position both companies to acquire and partner with related brands. A release announcing the decision did not mention the outdoor sports industry’s response to Vista Outdoor brands following the 2018 school…