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Vista Outdoor Inc (VSTO.N)

VSTO.N on New York Stock Exchange

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21 Feb 2019
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Latest Key Developments (Source: Significant Developments)

Vista Outdoor Announces FY19 Third Quarter Operating Results
Thursday, 7 Feb 2019 06:55am EST 

Feb 7 (Reuters) - Vista Outdoor Inc ::VISTA OUTDOOR ANNOUNCES FY19 THIRD QUARTER OPERATING RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.09.Q3 SALES $468 MILLION VERSUS REFINITIV IBES ESTIMATE OF $530.3 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.15 -- REFINITIV IBES DATA.Q3 LOSS PER SHARE $8.94.VISTA OUTDOOR UPDATES FY19 GUIDANCE.VISTA OUTDOOR TAKES NON-CASH GOODWILL AND INTANGIBLE ASSET IMPAIRMENT CHARGE.SEES FY19 SALES IN A RANGE OF $2.00 BILLION TO $2.05 BILLION.SEES 2019 CAPITAL EXPENDITURES OF APPROXIMATELY $45 MILLION.SEES FY19 LOSS PER SHARE IN A RANGE OF $10.36 TO $10.21.SEES 2019 FREE CASH FLOW REMAINS IN A RANGE OF $70 MILLION TO $100 MILLION.VISTA OUTDOOR - QTRLY OPERATING EXPENSES $609 MILLION, REFLECTING PRE-TAX, NON-CASH GOODWILL, INTANGIBLE IMPAIRMENT CHARGE OF $433 MILLION, $84 MILLION IMPAIRMENT.SEES FY19 ADJUSTED EARNINGS PER SHARE IN A RANGE OF $0.20 TO $0.35.FY2019 EARNINGS PER SHARE VIEW $0.28, REVENUE VIEW $2.13 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $0.28, REVENUE VIEW $2.13 BILLION -- REFINITIV IBES DATA.LOWERING 2019 SALES GUIDANCE DUE TO CONTINUED MARKET CHALLENGES.  Full Article

Vista Outdoor Completes Credit Refinancing
Tuesday, 20 Nov 2018 06:55am EST 

Vista Outdoor Inc ::VISTA OUTDOOR COMPLETES CREDIT REFINANCING.VISTA OUTDOOR-REFINANCED CREDIT FACILITIES BY REPLACING IT WITH NEW ASSET-BASED REVOLVING CREDIT AGREEMENT & TERM LOAN CREDIT AGREEMENTS.VISTA OUTDOOR - NEW CREDIT AGREEMENTS PROVIDE FOR $450 MILLION REVOLVING CREDIT FACILITY, $109.3 MILLION TERM LOAN, AND $40 MILLION JUNIOR TERM LOAN.VISTA OUTDOOR INC - ALL OF AGREEMENTS MATURE ON NOVEMBER 19, 2023.  Full Article

Vista Outdoor Reports Q1 Loss Per Share $0.91
Thursday, 9 Aug 2018 06:55am EDT 

Aug 9 (Reuters) - Vista Outdoor Inc ::VISTA OUTDOOR ANNOUNCES FY19 FIRST QUARTER OPERATING RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.00.Q1 LOSS PER SHARE $0.91.Q1 SALES $529 MILLION VERSUS I/B/E/S VIEW $542.6 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.12 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $0.15 TO $0.35.SEES FY 2019 LOSS PER SHARE $0.56 TO $0.76.SEES FY 2019 SALES $2.1 BILLION TO $2.16 BILLION.VISTA OUTDOOR RAISES FY19 FINANCIAL GUIDANCE FOR ADJUSTED EPS AND FREE CASH FLOW.SEES FY19 CAPITAL EXPENDITURES OF APPROXIMATELY $60 MILLION."CONTINUES TO EXPLORE STRATEGIC OPTIONS FOR ASSETS THAT FALL OUTSIDE OF OUR CORE PRODUCT CATEGORIES".SEES FY19 FREE CASH FLOW IN A RANGE OF $70 MILLION TO $100 MILLION.  Full Article

Vista Outdoor Announces Sale Of Bollé, Cébé And Serengeti Brands
Monday, 9 Jul 2018 06:00am EDT 

July 9 (Reuters) - Vista Outdoor Inc ::VISTA OUTDOOR ANNOUNCES SALE OF BOLLÉ, CÉBÉ AND SERENGETI BRANDS.VISTA OUTDOOR INC - GROSS PROCEEDS FROM DIVESTITURE ARE EXPECTED TO BE APPROXIMATELY $158 MILLION.VISTA OUTDOOR INC - VISTA OUTDOOR EXPECTS TO USE NET AFTER-TAX PROCEEDS OF SALE TO REPAY OUTSTANDING INDEBTEDNESS.VISTA OUTDOOR - DEAL TO SELL LEGAL ENTITIES OPERATING ITS BOLLÉ, CÉBÉ & SERENGETI BRANDS TO AN ENTITY CONTROLLED BY EUROPEAN PRIVATE EQUITY FUND.  Full Article

Vista Outdoor Names Miguel "Mick" Lopez As CFO
Thursday, 29 Mar 2018 04:15pm EDT 

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 06:55am EST 

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