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Vista Outdoor Foundation Announces Fiscal Year 2023 Grant Partners
Company awards funding to 12 nonprofit organizations that represent a cross section of outdoor and recreational causes. ANOKA, Minn., Dec. 1, 2022 /PRNewswire/ — The Vista Outdoor Foundation (the “Foundation”), the philanthropic partner of Vista Outdoor Inc. (NYSE: VSTO), is pleased to announce that 12 nonprofit organizations were selected by its Board of Directors to receive grants as part of the Foundation’s second annual grant cycle. The 12 organizations include nine that were part of the inaugural grant cycle and three that are new for fiscal year 2023. They represent a cross section of organizations that promote conservation, encourage youth and veteran participation in outdoor sports, and work to improve…
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Vista Outdoor announces agreement to purchase Bozeman-based Simms Fishing Products | Business
Country United States of AmericaUS Virgin IslandsUnited States Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth of theCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory South of 60 deg S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic ofBarbadosBelarusBelgium, Kingdom ofBelizeBenin, People’s Republic ofBermudaBhutan, Kingdom ofBolivia, Republic ofBosnia and HerzegovinaBotswana, Republic ofBouvet Island (Bouvetoya)Brazil, Federative Republic ofBritish Indian Ocean Territory (Chagos Archipelago)British Virgin IslandsBrunei DarussalamBulgaria, People’s Republic ofBurkina FasoBurundi, Republic ofCambodia, Kingdom ofCameroon, United Republic ofCape Verde, Republic ofCayman IslandsCentral African RepublicChad, Republic ofChile, Republic ofChina, People’s Republic ofChristmas IslandCocos (Keeling) IslandsColombia,…
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Vista Outdoor Announces Plan to Separate its Outdoor Products and Sporting Products Segments Into Two Independent, Publicly-Traded Companies
Creates Two Market-Leading, Highly-Focused Companies Chris Metz to Continue as CEO of Vista Outdoor Until Separation; Following Separation Will be Appointed CEO of Outdoor Products Jason Vanderbrink to Continue to Lead Sporting Products and to be Appointed CEO Following Separation Separation Expected to be Completed in Calendar Year 2023 Separately Announced Q4 and FY 2022 Financial Results; Company to Host Conference Call at 9:00 a.m. ET ANOKA, Minn., May 5, 2022 /PRNewswire/ — Vista Outdoor Inc. (“Vista”, the “Company” or “we”) (NYSE: VSTO) today announced that its Board of Directors has unanimously approved a plan to separate its Outdoor Products and Sporting Products segments into two independent, publicly-traded companies. The…
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Vista Outdoor to separate shooting sports from outdoor sports in spin-off
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…
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Vista Outdoor Announces Definitive Agreement to Acquire Foresight Sports
Acquisition Expands Vista Outdoor Portfolio with Tech-enabled Recreation and Bolsters Leadership Position in the Golfing Market ANOKA, Minn., Sept. 10, 2021 /PRNewswire/ — Vista Outdoor selected as Forbes Best Midsize Employer – 2021 Acquisition expands Vista Outdoor’s presence in higher growth, less cyclical Outdoor Products markets Foresight Sports accelerates Vista Outdoor’s trajectory towards long term higher operating margins Acquisition positions Vista Outdoor as the technology leader in the golf industry Acquisition aligned with Vista Outdoor’s strategy of acquiring market leading brands where Vista Outdoor can immediately add value Foresight Sports expected to be immediately accretive to earnings, excluding transaction and transition costs Vista Outdoor’s leverage ratio expected to be below…
