Jump to content

Vista Outdoor: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
update
 
(112 intermediate revisions by 70 users not shown)
Line 1: Line 1:
{{short description|American manufacturing company}}
{{short description|American manufacturing company}}
{{Infobox company
{{Infobox company
| name = Vista Outdoor
| name = Vista Outdoor Inc.
| logo = File:Logo_for_Vista_Outdoor.png
| logo = File:Logo_for_Vista_Outdoor.svg
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{NYSE|VSTO}}<br>[[S&P 600|S&P 600 Component]]
| traded_as = {{NYSE|VSTO}}<br />[[S&P 600]] component
| foundation = 2015, spun off from [[Alliant Techsystems]]
| predecessor = [[Alliant Techsystems]]
| foundation = {{Start date and age|2015}}
| location = [[Anoka, Minnesota|Anoka]], [[Minnesota]], United States<ref name="Williams1"/><ref name="SECprofile">{{cite web |title=Egdar Search Results |url=https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001616318&owner=include&count=40 |website=SEC |publisher=United States Government |access-date=29 November 2018}}</ref>
| location = [[Anoka, Minnesota|Anoka]], [[Minnesota]], United States<ref name="Williams1"/><ref name="SECprofile">{{cite web |title=Egdar Search Results |url=https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001616318&owner=include&count=40 |website=SEC |publisher=United States Government |access-date=29 November 2018}}</ref>
| key_people = Chris Metz ([[CEO]])
| products = firearms, ammunition, and outdoor accessories
| products = sports goods
| revenue = {{decrease}} US$2.059 billion {{small|(2019)}}<br/>
| revenue = {{decrease}} US$2.059 billion {{small|(2019)}}<br />
{{decrease}} US$2.308 billion {{small|(2018)}}<ref>https://www.macrotrends.net/stocks/charts/VSTO/vista-outdoor/revenue</ref>
{{decrease}} US$2.308 billion {{small|(2018)}}<ref>{{cite web|url=https://www.macrotrends.net/stocks/charts/VSTO/vista-outdoor/revenue |title=Vista Outdoor Revenue 2013-2022 &#124; VSTO |publisher=MacroTrends |access-date=2022-05-25}}</ref>
| industry = [[shooting sports]] and outdoor products
| industry = [[shooting sports]] and outdoor products
| num_employees = 5,800
| num_employees = 5,800
| homepage = [http://www.vistaoutdoor.com www.vistaoutdoor.com]
| homepage : = [http://www.vistaoutdoor.com www.vistaoutdoor.com]
}}
}}
'''Vista Outdoor''' is an American firm that designs, manufactures, and markets sporting goods. It operates in two markets: shooting sports and outdoor products. It is a "house of brands"<ref>{{Cite web|title=Vista Outdoor Emerges as Biggest Outdoor Products Company|url=https://www.americanrifleman.org/articles/2015/2/11/vista-outdoor-emerges-as-biggest-outdoor-products-company/|access-date=2020-06-10|website=www.americanrifleman.org|language=en}}</ref> with more than 40 labels and subsidiaries. It trades under "VSTO" on the [[New York Stock Exchange]].<ref name="Washington1"/><ref name="247WS2"/><ref name="Gear1">{{cite news |last=Regenold |first=Stephen |date=5 March 2014 |title=Hunting Gear To Snowsports... New Company (Vista Outdoor) Among World's Largest |url=http://gearjunkie.com/vista-outdoor-gear-company-launch |newspaper=Gear Junkie |access-date=6 March 2015}}</ref> Vista Outdoor is the parent company to many ammunition makers, including Federal Ammunition.<ref>{{Cite web|last=Touryalai|first=Halah|title=Panic At The Gun Shop: Coronavirus Fears Cause A Run On Ammo And Firearms|url=https://www.forbes.com/sites/halahtouryalai/2020/03/24/panic-at-the-gun-shop-coronavirus-fears-cause-a-run-on-ammo-and-firearms/|access-date=2020-06-10|website=Forbes|language=en}}</ref>
'''Vista Outdoor Inc.''' is an American designer, manufacturer, and marketer of outdoor sports and recreation products. It operates in two markets: shooting sports and outdoor products. It is a "house of brands"<ref>{{cite web|title=Vista Outdoor Emerges as Biggest Outdoor Products Company|url=https://www.americanrifleman.org/articles/2015/2/11/vista-outdoor-emerges-as-biggest-outdoor-products-company/|access-date=2020-06-10|website=www.americanrifleman.org|language=en}}</ref> with more than 40 labels and subsidiaries. It trades under "VSTO" on the [[New York Stock Exchange]].<ref name="Washington1"/><ref name="247WS2"/><ref name="Gear1">{{cite news |last=Regenold |first=Stephen |date=5 March 2014 |title=Hunting Gear To Snowsports... New Company (Vista Outdoor) Among World's Largest |url=http://gearjunkie.com/vista-outdoor-gear-company-launch |newspaper=Gear Junkie |access-date=6 March 2015 |archive-date=10 March 2015 |archive-url=https://web.archive.org/web/20150310085925/http://gearjunkie.com/vista-outdoor-gear-company-launch |url-status=dead }}</ref>

Vista Outdoor was the parent company to many ammunition makers, including [[Federal Premium Ammunition|Federal]], [[CCI (ammunition)|CCI]], and Remington.<ref>{{cite web |title=Brands |url=https://vistaoutdoor.com/brands/ |access-date=2022-03-21 |website=Vista Outdoor |language=en-US}}</ref> In October 2023, the company announced that its firearms and ammunition business will be sold off to Czech company [[Czechoslovak Group]] for a value of $1.91 billion, pending regulatory approval.<ref>{{Cite news |date=2023-10-16 |title=Vista Outdoor to sell sporting products unit in $1.91 bln deal, cuts sales forecast |language=en |work=Reuters |url=https://www.reuters.com/markets/deals/vista-outdoor-sell-sporting-products-unit-191-bln-deal-cuts-sales-forecast-2023-10-16/ |access-date=2023-11-07}}</ref><ref>{{Cite web |last= |first= |date=2023-10-16 |title=Strnadova Czechoslovak Group kupuje za 45 miliard muničního giganta v USA |url=https://www.idnes.cz/ekonomika/domaci/czechoslovak-group-vista-outdoor-cesko-amerika-vyroba-zbrane-michal-strnad.A231016_144906_ekonomika_ihal |access-date=2023-11-07 |website=iDNES.cz |language=cs}}</ref> Vista's sale to CSG has been protested by senators [[JD Vance]], [[John Kennedy (Louisiana politician)|John Kennedy]], representative [[Clay Higgins]] and [[National Sheriffs' Association]].<ref>{{Cite web |date=2024-04-17 |title=Americký senátor napadl byznys českého zbrojaře, nařkl ho z vazeb na Čínu a Rusko |url=https://zpravy.aktualne.cz/domaci/usa-michal-strnad/r~764d4ed8fc9611eeb689ac1f6b220ee8/ |access-date=2024-06-06 |website=Aktuálně.cz - Víte, co se právě děje |language=cs}}</ref> Vista Outdoor stockholders approved the sale on 25 November 2024 for the price of $2.23bn.<ref>{{Cite web |date=2024-11-26 |title=Czech takeover of US ammunition maker Kinetic wins shareholder approval |url=https://www.ft.com/content/0d5ac1a3-5d14-4c1e-a0ef-3916b555db56 |access-date=2024-11-27 |website=Financial Times |language=en-US}}</ref>


==History==
==History==
[[Alliant Techsystems]] (ATK), entered the [[Ammunition | ammunition]] and outdoor products businesses in 2001. ATK grew through acquisitions and a large increase in demand for ammunition for policing, hunting, and other private uses.<ref name="Merger1">{{cite news |last=DePass |first=Dee |date=26 December 2014 |title=Alliant Techsystems to name sporting spinoff Vista Outdoor |url=http://www.startribune.com/business/286884441.html |newspaper=StarTribune |location=Minneapolis, Minnesota}}</ref>
[[Alliant Techsystems]] (ATK), entered the [[ammunition]] and outdoor products business in 2001. ATK grew through acquisitions and a large increase in demand for ammunition for police, hunting, and other private uses.<ref name="Merger1">{{cite news |last=DePass |first=Dee |date=26 December 2014 |title=Alliant Techsystems to name sporting spinoff Vista Outdoor |url=http://www.startribune.com/business/286884441.html |newspaper=StarTribune |location=Minneapolis, Minnesota}}</ref>

ATK told its regulators in December 2014 that it intended first to merge its defense and satellite businesses with [[Orbital Sciences]], and then [[Corporate spin-off|spin off]] its sporting goods and ammunition business as a stand-alone [[public company]] to be named Vista Outdoor.<ref name="Merger1"/> Vista Outdoor signed an agreement for a $350 million secured loan with a term of five years and a $400 million revolving line of credit. Proceeds were partially used to pay down debt.<ref name="Merger1"/> ATK and Orbital Sciences filed a joint [[proxy statement]] and [[Prospectus (finance)|prospectus]] describing the share issuance with the [[Securities and Exchange Commission]] on December 17, 2014. The same month, the [[United States Department of Justice|Department of Justice]] approved to the merger and spinoff.<ref name="247WS2">{{cite news |last=Lange |first=Chris |date=5 December 2014 |title=Alliant Tech and Orbital Sciences Heading in the Right Direction |url=http://247wallst.com/aerospace-defense/2014/12/05/alliant-tech-and-orbital-sciences-heading-in-the-right-direction/ |newspaper=24/7 Wall St. |location=New York, New York |access-date=10 February 2015}}</ref><ref name="Merger5">{{cite news |last=Wilkers |first=Ross |date=27 January 2015 |title=David Thompson: Orbital, ATK Set Feb. 9 Date to Close A&D Merger and Outdoor Group Spinoff |url=http://www.govconwire.com/2015/01/david-thompson-orbital-atk-set-feb-9-date-to-close-ad-merger-and-outdoor-group-spinoff/ |newspaper=GovCon Wire |location=Washington, DC | access-date=30 January 2015}}</ref>


ATK spun-off Vista Outdoor after merging with Orbital Sciences and became [[Orbital ATK]] on February 9, 2015. Anyone holding ATK [[common stock]] at the end of the [[business day]] on February 2, 2015, received two shares of Vista Outdoor common stock. Eligible shareholders had their brokerage account credited or received a book-entry account statement reflecting their ownership. Vista Outdoor was thus initially 100% owned by ATK shareholders. Vista Outdoor stock traded on a "when-issued" basis from January 29, 2015, to February 9, 2015. It began "regular way" trading on the [[New York Stock Exchange]] on February 10, 2015, under the ticker symbol "VSTO." Shareholders were not required to make any payment or take action of any kind. This transaction was conducted on a tax-free basis. U.S. shareholders generally did not have to recognize a gain or loss for federal tax purposes.<ref name="Washington1">{{cite news |last=Clabaugh |first=Jeff |date=9 February 2015 |title=Orbital, ATK complete aerospace merger |url=http://www.bizjournals.com/washington/blog/fedbiz_daily/2015/02/orbital-atk-complete-aerospace-merger.html |newspaper=Washington Business Journal |access-date=10 February 2015}}</ref><ref name="Star1">{{cite news |last=Depass |first=Dee Dee |date=9 February 2015 |title=Alliant spinoff, merger completed |newspaper=StarTribune |location=Minneapolis, Minnesota }}</ref><ref name="247WS">{{cite news |last=Lee |first=Jackson |date=13 January 2015 |title=3 Top Defense Stocks That May Benefit From New Congress |url=http://247wallst.com/aerospace-defense/2015/01/12/3-top-defense-stocks-that-may-benefit-from-new-congress/ |newspaper=24/7 Wall St. |location=New York, New York |access-date=10 February 2015}}</ref><ref name="star666">{{cite news |last1=Kennedy |first1=Patrick |title=You may not know Anoka company Vista Outdoor, but you know its brands |url=http://www.startribune.com/you-may-not-know-vista-outdoors-but-you-know-its-brands/565586391/ |access-date=13 December 2019 |work=Star Tribune |publisher=Star Tribune Media Company, LLC |date=2 December 2019}}</ref>
ATK told its regulators in December 2014 that it intended first to merge its defense and satellite businesses with Orbital Sciences, and then [[Corporate spin-off|spin off]] its sporting ammunition business as a stand-alone [[public company]] to be named Vista Outdoor.<ref name="Merger1"/> Vista Outdoor signed an agreement for a $350 million secured loan with a term of five years and a $400 million revolving line of credit. Proceeds were partially used to pay down debt.<ref name="Merger1"/> ATK and Orbital filed a joint proxy statement and prospectus describing the share issuance with the [[Securities and Exchange Commission]] on December 17, 2014. The same month, the [[United States Department of Justice|Department of Justice]] approved to the merger and spinoff.<ref name="247WS2">{{cite news |last=Lange |first=Chris |date=5 December 2014 |title=Alliant Tech and Orbital Sciences Heading in the Right Direction |url=http://247wallst.com/aerospace-defense/2014/12/05/alliant-tech-and-orbital-sciences-heading-in-the-right-direction/ |newspaper=24/7 Wall St. |location=New York, New York |access-date=10 February 2015}}</ref><ref name="Merger5">{{cite news |last=Wilkers |first=Ross |date=27 January 2015 |title=David Thompson: Orbital, ATK Set Feb. 9 Date to Close A&D Merger and Outdoor Group Spinoff |url=http://www.govconwire.com/2015/01/david-thompson-orbital-atk-set-feb-9-date-to-close-ad-merger-and-outdoor-group-spinoff/ |newspaper=GovCon Wire |location=Washington, DC | access-date=30 January 2015}}</ref>


On February 25, 2016, BRG Sports announced its acceptance of a $400-million cash and [[Earn-out |
ATK spun-off Vista Outdoor after merging with [[Orbital Sciences]] and became [[Orbital ATK]] on February 9, 2015. Anyone holding ATK [[Common stock | common stock]] at the end of the [[Business day | business day]] on February 2, 2015, received two shares of Vista Outdoor common stock. Eligible shareholders had their brokerage account credited or received a book-entry account statement reflecting their ownership. Vista Outdoor was thus initially 100% owned by ATK shareholders. Vista Outdoor stock traded on a "when-issued" basis from January 29, 2015, to February 9, 2015. It began "regular way" trading on the [[New York Stock Exchange]] on February 10, 2015, under the ticker symbol "VSTO." Shareholders were not required to make any payment or take action of any kind. This transaction was conducted on a tax-free basis. U.S. shareholders generally did not have to recognize a gain or loss for federal tax purposes.<ref name="Washington1">{{cite news |last=Clabaugh |first=Jeff |date=9 February 2015 |title=Orbital, ATK complete aerospace merger |url=http://www.bizjournals.com/washington/blog/fedbiz_daily/2015/02/orbital-atk-complete-aerospace-merger.html |newspaper=Washington Business Journal |access-date=10 February 2015}}</ref><ref name="Star1">{{cite news |last=Depass |first=Dee Dee |date=9 February 2015 |title=Alliant spinoff, merger completed |newspaper=StarTribune |location=Minneapolis, Minnesota }}</ref><ref name="247WS">{{cite news |last=Lee |first=Jackson |date=13 January 2015 |title=3 Top Defense Stocks That May Benefit From New Congress |url=http://247wallst.com/aerospace-defense/2015/01/12/3-top-defense-stocks-that-may-benefit-from-new-congress/ |newspaper=24/7 Wall St. |location=New York, New York |access-date=10 February 2015}}</ref><ref name="star666">{{cite news |last1=Kennedy |first1=Patrick |title=You may not know Anoka company Vista Outdoor, but you know its brands |url=http://www.startribune.com/you-may-not-know-vista-outdoors-but-you-know-its-brands/565586391/ |access-date=13 December 2019 |work=Star Tribune |publisher=Star Tribune Media Company, LLC |date=2 December 2019}}</ref>
earn-out]] deal to sell its "Action Sports" business to Vista Outdoor. Vista gained control of the [[Bell Sports]], [[Giro (company)|Giro]], Blackburn, and C-Preme brands.<ref name="auto">{{cite news|last1=Erin|first1=Griffin|title=BRG Sports Reaches Agreement to Sell Action Sports Business to Vista Outdoor for $400 Million in Cash Plus an Earn-out|url=https://finance.yahoo.com/news/brg-sports-reaches-agreement-sell-120100121.html|access-date=5 June 2015|agency=Yahoo News|date=25 February 2016|archive-url=https://web.archive.org/web/20160309050218/http://finance.yahoo.com/news/brg-sports-reaches-agreement-sell-120100121.html|archive-date=2016-03-09|url-status=dead}}</ref>


On May 1, 2018, Vista Outdoor announced that it would consider selling its gun manufacturing subsidiaries<ref>{{cite web|last=Thomsen|first=Jacqueline|date=2018-05-01|title=Vista Outdoor to stop manufacturing guns|url=https://thehill.com/blogs/blog-briefing-room/news/385698-vista-outdoors-to-stop-manufacturing-guns|access-date=2020-06-10|website=The Hill|language=en}}</ref> and [[Bell Sports|Bell]], Giro, Blackburn, and Jimmy Styks, to focus on its core brands for outdoors enthusiasts.<ref name="Guns">{{cite news |author=<!--Staff writer(s); no by-line.--> |date=2 May 2018 |title=Vista Outdoor to get rid of firearms business |url=https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12043257 |work=New Zealand Herald |location=New Zealand |access-date=9 May 2018 |archive-url=https://web.archive.org/web/20180510051157/https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12043257 |archive-date=10 May 2018 |url-status=dead }}</ref> Months earlier, Vista announced that it was attempting to sell eyewear brands [[Bollé Brands|Bolle]], Serengeti, and Cebe.<ref name="Off">{{cite news |last=Siler |first=Wes |date=1 May 2018 |title=Vista Outdoor to Stop Making Guns |url=https://www.outsideonline.com/2302676/vista-outdoor-stop-making-guns |work=Outside Online |location=United States |access-date=10 May 2018}}</ref> The company said its move out of the firearms business had nothing to do with recent boycotts. CEO Christopher Metz said the move had been planned in advance and that [[Savage Arms]] and Stevens would require too much investment to rectify their lack of handguns, which make up half the gun market in the US.<ref name="Wall1">{{cite news |last1=Cameron |first1=Doug |last2=Lombardo |first2=Caro |date=2 May 2018 |title=Vista Outdoor to Halt Firearm Production |work=The Wall Street Journal |location=New York}}</ref> Metz said he expects the asset sales to be completed by the 2020 fiscal year.<ref name="bicycling.com">{{cite news |last=Bevilacqua |first=Matt |date=2 May 2018 |title=After Backlash, Vista Outdoor to Stop Selling Guns and Cycling Gear |url=https://www.bicycling.com/news/a20113358/vista-oudoor-stop-selling-guns-cycling-gear/ |work=Bicycling |location=United States |access-date=10 May 2018}}</ref> Metz said the company would focus heavily on what it called its "heritage ammunition business."<ref name="Inside1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Vista Shifts Focus to 'Core' Businesses |url=https://insideoutdoor.com/vista-shifts-focus-core-businesses/ |work=Inside Outdoor |location=United States |date=1 May 2018 |access-date=10 May 2018}}</ref><ref name="bicycleretailer.com">{{cite news |last=Frothingham |first=Stephen |date=1 May 2018 |title=Vista Outdoor to sell Bell, Giro and Blackburn, along with firearms brands |url=http://www.bicycleretailer.com/industry-news/2018/05/01/vista-outdoor-sell-firearms-and-sports-brands-including-bell-giro-and#.Wv673i97HOR |work=Bicycle Retailer |location=United States |access-date=18 May 2018 }}</ref><ref name="Monday">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Vista Outdoor Inc. Announces Restructuring, Plans to Sell Bollé, Serengeti and Cébé Brands|url=http://www.visionmonday.com/latest-news/article/vista-outdoor-inc-announces-restructuring-plans-to-sell-boll-serengeti-and-cb-brands-1/ |work=Vision Monday |location=United States |date=13 November 2017 |access-date=18 May 2018}}</ref>
On February 25, 2016, [[BRG Sports]] announced its acceptance of a $400-million cash and [[Earn-out |
earn-out]] deal to sell its "Action Sports" business to Vista Outdoor. Vista gained control of the [[Bell Sports]], [[Giro_(company) | Giro]], Blackburn, and C-Preme brands.<ref name="auto">{{cite news|last1=Erin|first1=Griffin|title=BRG Sports Reaches Agreement to Sell Action Sports Business to Vista Outdoor for $400 Million in Cash Plus an Earn-out|url=https://finance.yahoo.com/news/brg-sports-reaches-agreement-sell-120100121.html|access-date=5 June 2015|agency=Yahoo News|date=25 February 2016|archive-url=https://web.archive.org/web/20160309050218/http://finance.yahoo.com/news/brg-sports-reaches-agreement-sell-120100121.html|archive-date=2016-03-09|url-status=dead}}</ref>


Vista Outdoor announced on July 9, 2018, that it had reached an agreement with a European private equity fund to sell the [[Bollé Brands|Bollé]], Cébé and Serengeti eyewear brands.<ref name="Eyewear">{{cite press release |author=<!--Staff writer(s); no by-line.--> |title= Vista Outdoor Announces Sale of Bollé, Cébé and Serengeti Brands|url=https://www.prnewswire.com/news-releases/vista-outdoor-announces-sale-of-bolle-cebe-and-serengeti-brands-300677446.html |location= |publisher=Vista Outdoor |agency=Cision PR Newswire |date=9 July 2018 |access-date=2018-07-11}}</ref>
On May 1, 2018, Vista Outdoor announced that it would consider selling its gun manufacturing subsidiaries<ref>{{Cite web|last=Thomsen|first=Jacqueline|date=2018-05-01|title=Vista Outdoor to stop manufacturing guns|url=https://thehill.com/blogs/blog-briefing-room/news/385698-vista-outdoors-to-stop-manufacturing-guns|access-date=2020-06-10|website=TheHill|language=en}}</ref> and [[Bell Sports | Bell]], Giro, Blackburn, and Jimmy Styks, to focus on its core brands for outdoors enthusiasts.<ref name="Guns">{{cite news |author=<!--Staff writer(s); no by-line.--> |date=2 May 2018 |title=Vista Outdoor to get rid of firearms business |url=https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12043257 |work=New Zealand Herald |location=New Zealand |access-date=9 May 2018 |archive-url=https://web.archive.org/web/20180510051157/https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12043257 |archive-date=10 May 2018 |url-status=dead }}</ref>{{not in citation|date=March 2019|reason=Citation does not state that it is considering selling off subsidiaries; quote 'Vista Outdoor Inc. has been pressured for months by retailers that sell its other goods like Bell bicycle helmets and CamelBak water carriers, to stop manufacturing firearms.'}} Months earlier, Vista announced that it was attempting to sell eyewear brands Bolle, Serengeti, and Cebe.<ref name="Off">{{cite news |last=Siler |first=Wes |date=1 May 2018 |title=Vista Outdoor to Stop Making Guns |url=https://www.outsideonline.com/2302676/vista-outdoor-stop-making-guns |work=Outside Online |location=United States |access-date=10 May 2018}}</ref> The company said its move out of the firearms business had nothing to do with recent boycotts. CEO Christopher Metz said the move had been planned in advance and that [[Savage Arms]] and Stevens would require too much investment to rectify their lack of handguns, which make up half the gun market in the US.<ref name="Wall1">{{cite news |last1=Cameron |first1=Doug |last2=Lombardo |first2=Caro |date=2 May 2018 |title=Vista Outdoor to Halt Firearm Production |work=Wall Street Journal |location=New York}}</ref> Metz said he expects the asset sales to be completed by the 2020 fiscal year.<ref name="bicycling.com">{{cite news |last=Bevilacqua |first=Matt |date=2 May 2018 |title=After Backlash, Vista Outdoor to Stop Selling Guns and Cycling Gear |url=https://www.bicycling.com/news/a20113358/vista-oudoor-stop-selling-guns-cycling-gear/ |work=Bicycling |location=United States |access-date=10 May 2018}}</ref> Metz said the company would focus heavily on what it called its "heritage ammunition business."<ref name="Inside1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Vista Shifts Focus to 'Core' Businesses |url=https://insideoutdoor.com/vista-shifts-focus-core-businesses/ |work=Inside Outdoor |location=United States |date=1 May 2018 |access-date=10 May 2018}}</ref><ref name="bicycleretailer.com">{{cite news |last=Frothingham |first=Stephen |date=1 May 2018 |title=Vista Outdoor to sell Bell, Giro and Blackburn, along with firearms brands |url=http://www.bicycleretailer.com/industry-news/2018/05/01/vista-outdoor-sell-firearms-and-sports-brands-including-bell-giro-and#.Wv673i97HOR |work=Bicycle Retailer |location=United States |access-date=18 May 2018 }}</ref><ref name="Monday">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Vista Outdoor Inc. Announces Restructuring, Plans to Sell Bollé, Serengeti and Cébé Brands|url=http://www.visionmonday.com/latest-news/article/vista-outdoor-inc-announces-restructuring-plans-to-sell-boll-serengeti-and-cb-brands-1/ |work=Vision Monday |location=United States |date=13 November 2017 |access-date=18 May 2018}}</ref>


On July 9, 2019, Vista Outdoor completed the sale of [[Savage Arms]]<ref name="SavageMan">{{cite news |last1=Kinney |first1=Kinney |title=Savage Arms bought by management-led investors for $170 million; company employs about 300 in Westfield |url=https://www.masslive.com/news/2019/07/savage-arms-bought-by-management-led-investors-for-170-million-company-employs-about-300-in-westfield.html |access-date=24 July 2019 |work=The Republican |publisher=MassLive LLC |date=17 July 2019}}</ref> and [[Stevens Arms]] for $170 million to a group of investors led by Savage's management. Vista received immediate gross proceeds of $158 million and a $12-million five-year note. Vista said it will use this money, after paying associated taxes, to reduce its debt.<ref name="REI">{{cite news |last1=McCoy |first1=Sean |title=REI Will Do Business With Vista Outdoor After Sale of Savage, Stevens |url=https://gearjunkie.com/vista-outdoor-sells-savage-firearms-rei |access-date=24 July 2019 |publisher=Gear Junkie |date=9 July 2019 |archive-date=24 July 2019 |archive-url=https://web.archive.org/web/20190724124455/https://gearjunkie.com/vista-outdoor-sells-savage-firearms-rei |url-status=dead }}</ref>
Vista Outdoor announced on July 9, 2018 that it had reached an agreement with a European private equity fund to sell the Bollé, Cébé and Serengeti eyewear brands.<ref name="Eyewear">{{cite press release |author=<!--Staff writer(s); no by-line.--> |url=https://www.prnewswire.com/news-releases/vista-outdoor-announces-sale-of-bolle-cebe-and-serengeti-brands-300677446.html |publisher=Vista Outdoor |agency=Cision PR Newswire |date=9 July 2018 |access-date=2018-07-11}}</ref>


On October 13, 2020, Vista Outdoor acquired certain assets related to [[Remington Outdoor Company]]'s ammunition and accessories businesses, including Remington's [[Lonoke, Arkansas]], manufacturing facility and the Remington brand and trademarks, for $81.4 million. Vista Outdoor used a combination of approximately $51 million of cash on hand and approximately $30 million from its asset-based revolving credit facility to complete this transaction.<ref>{{cite web |title=Vista Outdoor Announces Closing of the Acquisition of Remington Outdoor Company's Ammunition and Accessories Assets |url=https://www.prnewswire.com/news-releases/vista-outdoor-announces-closing-of-the-acquisition-of-remington-outdoor-companys-ammunition-and-accessories-assets-301150906.html |access-date=2022-03-21 |website=www.prnewswire.com |language=en}}</ref>
On July 9, 2019, Vista Outdoor completed the sale of [[Savage Arms]]<ref name="SavageMan">{{cite news |last1=Kinney |first1=Kinney |title=Savage Arms bought by management-led investors for $170 million; company employs about 300 in Westfield |url=https://www.masslive.com/news/2019/07/savage-arms-bought-by-management-led-investors-for-170-million-company-employs-about-300-in-westfield.html |access-date=24 July 2019 |work=The Republican |publisher=MassLive LLC |date=17 July 2019}}</ref> and [[Stevens Arms]] for $170 million to a group of investors led by Savage's management. Vista received immediate gross proceeds of $158 million and a $12-million five-year note. Vista said it will use this money, after paying associated taxes, to reduce its debt.<ref name="REI">{{cite news |last1=McCoy |first1=Sean |title=REI Will Do Business With Vista Outdoor After Sale of Savage, Stevens |url=https://gearjunkie.com/vista-outdoor-sells-savage-firearms-rei |access-date=24 July 2019 |publisher=Gear Junkie |date=9 July 2019}}</ref>


In July 2022, Vista Outdoor announced that it would be acquiring [[Fox Racing]] for $540 million. The acquisition is expected to close in the second quarter of 2023.<ref>{{Cite web |title=Vista Outdoor to acquire Fox Racing for $540 million |url=https://www.bicycleretailer.com/industry-news/2022/07/06/vista-outdoor-acquire-fox-racing-540-million |access-date=2022-07-07 |website=Bicycle Retailer and Industry News |language=en}}</ref> Later, Vista Outdoor also announced its intent to split into different companies with new names and stock symbol; One company will focus on sporting goods while the other will focus on ammunition and firearms accessories.<ref name="BusinessJ" />
In September the company bought parts of U.S. gunmaker Remington Outdoor's ammunition and accessories businesses for about $81 million. Vista will acquired Remington’s ammunition manufacturing facility in Lonoke, Arkansas and related intellectual property, including the Remington brand and trademarks.<ref>{Cite news|url=https://www.reuters.com/article/us-vista-outdoor-remington-outdoor/vista-outdoor-to-buy-gunmaker-remingtons-ammunition-business-idUSKBN26J1QU|title=Vista Outdoor to buy bankrupt gunmaker Remington's ammunition business|date=2020-09-28|access-date=2020-09-28}}</ref><ref name="lewy">{{cite news |last1=Williams |first1=Elaine |title=Vista Outdoor acquires Remington plant |url=https://lmtribune.com/business/vista-outdoor-acquires-remington-plant/article_65543ff4-6eb4-51a5-981e-c6fed4fec4ee.html |access-date=2 November 2020 |work=The Lewiston Tribune |date=4 October 2020}}</ref>


After the resignation of Chris Metz in early 2023, Vista Outdoor board member Gary McArthur was named interim CEO.<ref name="Resignation" />
As of 2020, sales of shooting sports products accounted for roughly 68% of Vista Outdoor's revenue. Vista Outdoor sales increased significantly in 2020. Online sales alone increased 100%.<ref name="yafine">{{cite news |author1=Staff |title=Vista Outdoor or American Outdoor: Which Stock is a Better Pick? |url=https://finance.yahoo.com/news/vista-outdoor-american-outdoor-stock-091129925.html |access-date=25 January 2021 |work=Yahoo! Finance |date=6 January 2021}}</ref>


===Financial results===
===Financial results===
On January 11, 2017, Vista Outdoor disclosed that it expected to record "a material asset impairment charge in its hunting and shooting accessories reporting unit" for the third quarter of its fiscal year 2017. Vista reported that "the Company's preliminary analysis indicates the impairment charge will be in the range of $400 million to $450 million."<ref>{{cite web|last1=Smith|first1=Rich|title=Why Vista Outdoor Inc. Stock Crashed 26% Today|url=http://www.foxbusiness.com/markets/2017/01/12/why-vista-outdoor-inc-stock-crashed-26-today.html|website=Fox Business|date=12 January 2017 |access-date=January 12, 2017}}</ref>
For fiscal year 2015, Vista Outdoor reported earnings of $79.5 million or $1.25 per share on $2.08 billion in revenue.<ref name="auto"/>

In a January 11, 2017 press release, Vista Outdoor disclosed that it expected to record "a material asset impairment charge in its hunting and shooting accessories reporting unit" for the third quarter of its fiscal year 2017. Vista reported that "the Company's preliminary analysis indicates the impairment charge will be in the range of $400 million to $450 million."<ref>{{cite web|last1=Smith|first1=Rich|title=Why Vista Outdoor Inc. Stock Crashed 26% Today|url=http://www.foxbusiness.com/markets/2017/01/12/why-vista-outdoor-inc-stock-crashed-26-today.html|website=Fox Business|access-date=January 12, 2017}}</ref>

For fiscal year 2018, Vista Outdoor had sales of $2.31 billion. It had gross earnings of $520.96 million dollars leading to a gross profit margin of 22.57%.<ref name="2017earn">{{cite web |url=https://www.marketwatch.com/investing/stock/vsto/financials |title=VSTO Annual Income Statement |website=Market Watch |publisher=Market Watch |access-date=9 May 2018}}</ref> Free cash flow was $206 million compared to $41 million for the prior fiscal year.<ref name="ShootingMoney">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Vista Outdoor Announces Strategic Business Transformation Plan |url=https://www.ammoland.com/2018/05/vista-outdoor-announces-strategic-business-transformation-plan/#ixzz5F5vwHaDg |work=AmmoLand |location=United States |date=1 May 2018 |access-date=10 May 2018}}</ref>


For fiscal year 2019, Vista Outdoor had sales of $2.1 billion. It lost $648 million. Vista reduced its debt load from $738 million to $581 million due to its sale of Savage Arms.<ref name="LewisTribBarker">{{cite news |last1=Barker |first1=Eric |title=Vista Outdoor's stock sinks after earnings report |url=https://lmtribune.com/northwest/vista-outdoor-s-stock-sinks-after-earnings-report/article_9ebd69d2-83f2-5f8b-b467-7e99559c1688.html |access-date=28 August 2019 |work=The Lewiston Tribune |date=9 August 2019}}</ref>
For fiscal year 2019, Vista Outdoor had sales of $2.1 billion. It lost $648 million. Vista reduced its debt load from $738 million to $581 million due to its sale of Savage Arms.<ref name="LewisTribBarker">{{cite news |last1=Barker |first1=Eric |title=Vista Outdoor's stock sinks after earnings report |url=https://lmtribune.com/northwest/vista-outdoor-s-stock-sinks-after-earnings-report/article_9ebd69d2-83f2-5f8b-b467-7e99559c1688.html |access-date=28 August 2019 |work=The Lewiston Tribune |date=9 August 2019}}</ref>


=== Response to the 2022 invasion of Ukraine ===
In 2020, Vista Outdoor benefited from greatly increased ammunition sales. Vista also benefited when many retailers reopening after being closed due to the COVID-19 pandemic; This resulted in a large increase in sales of outdoor-related products and sporting goods.<ref name="Tribune">{{cite news |last1=Williams |first1=Elaine |title=Outlook suddenly turns sunny for Vista Outdoor |url=https://lmtribune.com/northwest/outlook-suddenly-turns-sunny-for-vista-outdoor/article_b930c39d-46b5-5209-84ed-3f5b9a4165a8.html |access-date=26 August 2020 |work=The Lewiston Tribune |publisher=Lewiston Morning Tribune |date=7 August 2020}}</ref>
Responding to Ukrainian President [[Volodymyr Zelenskyy]]'s call for ammunition after [[2022 Russian invasion of Ukraine|Russia invaded Ukraine]], Vista Outdoor, supplier of ammunition to Ukraine's military since 2015, pledged to donate 1 million rounds of small-caliber ammunition to the country's armed forces. Vista's ammunition companies Federal and Remington also started selling T-shirts on their websites to raise money for Ukrainian refugees.<ref>{{cite web |last=Kennedy |first=Patrick |title=Anoka's Vista Outdoor donating 1 million ammunition rounds to Ukraine |url=https://www.startribune.com/anokas-vista-outdoor-donating-1-million-ammunition-rounds-to-ukraine/600153821/ |access-date=2022-03-21 |website=Star Tribune}}</ref>


==Brands and subsidiaries==
==Brands and subsidiaries==
Line 54: Line 55:
{{main | Bushnell Corporation}}
{{main | Bushnell Corporation}}
[[File:ARMS & Hunting 2010 exhibition (332-10).jpg|thumb|Bushnell scopes on display at a hunting exhibition]]
[[File:ARMS & Hunting 2010 exhibition (332-10).jpg|thumb|Bushnell scopes on display at a hunting exhibition]]
Also known as Bushnell Outdoor Products, Bushnell specializes in [[optics]]. Its products include [[binoculars]], [[spotting scope]]s, [[telescope]]s, [[Night vision device|night vision equipment]], [[Global Positioning System|GPS]] devices, laser [[rangefinder]]s, [[Telescopic sight|riflescopes]], [[holographic weapon sight]]s, [[game camera]]s, and other high-end optical equipment.
Also known as Bushnell Outdoor Products, Bushnell specializes in [[optics]]. Its products include [[binoculars]], [[spotting scope]]s, [[telescope]]s, [[Night vision device|night vision equipment]], [[Global Positioning System|GPS]] devices, laser [[rangefinder]]s, [[Telescopic sight|riflescopes]], [[holographic weapon sight]]s, [[game camera]]s, and other high-end optical equipment.


[[David P. Bushnell]] founded Bushnell Corporation in 1948 during his service in [[Occupation of Japan|Allied-occupied Japan]]. In 1999, private equity firm Windpoint Partners acquired Bushnell. In 2007, Bushnell was acquired by [[MidOcean Partners]], another private equity firm, in a leveraged buyout. In 2008, Bushnell acquired the assets of [[Simmons Outdoor Corporation]] from [[Meade Instruments]]. ATK announced its acquisition of Bushnell on September 5, 2013, for $985 million in cash, subject to post-closing adjustments.<ref name="Kansas1"/><ref name="Kansas2">{{cite news |last=Dornbrook |first=James |date=5 September 2013 |title=ATK acquires Bushnell for $985M
[[David P. Bushnell]] founded Bushnell Corporation in 1948 during his service in [[Occupation of Japan|Allied-occupied Japan]]. In 1999, private equity firm Windpoint Partners acquired Bushnell. In 2007, Bushnell was acquired by [[MidOcean Partners]], another private equity firm, in a leveraged buyout. In 2008, Bushnell acquired the assets of [[Simmons Outdoor Corporation]] from [[Meade Instruments]]. ATK announced its acquisition of Bushnell on September 5, 2013, for $985 million in cash, subject to post-closing adjustments.<ref name="Kansas1"/><ref name="Kansas2">{{cite news |last=Dornbrook |first=James |date=5 September 2013 |title=ATK acquires Bushnell for $985M
Line 60: Line 61:


===CCI===
===CCI===
{{main | CCI (ammunition)}}
{{main | CCI Ammunition}}
Cascade Cartridge, usually called CCI Ammunition, is based in [[Lewiston, Idaho]]. Initially, CCI made centerfire primers for government use. As of March 2015, it mainly manufactures [[rimfire ammunition]] but also makes [[centerfire]] handgun ammunition, primers for [[handloading|reloading]] and industrial purposes, and [[shotgun shells]].
Cascade Cartridge, usually called CCI Ammunition, is based in [[Lewiston, Idaho]]. Initially, CCI made centerfire primers for government use. As of March 2015, it mainly manufactures [[rimfire ammunition]] but also makes [[centerfire]] handgun ammunition, primers for [[handloading|reloading]] and industrial purposes, and [[shotgun shells]].


CCI was founded in 1951 by Dick Speer, brother of Speer Bullets founder Vernon Speer. CCI was previously known as the Speer Ammunition Company.<ref name="Ammo1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=CCI's Eric Graufffel World IPSC Champion |url=http://www.ammoland.com/2011/04/cci-eric-graufffel-world-ipsc-champion/#axzz3TboCxcDa |newspaper=AmmoLand.com |date=27 April 2011 |access-date=6 March 2015}}</ref><ref name="NRA1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=So, Really, Where is the .22 Rimfire Ammo?
CCI was founded in 1951 by Dick Speer, brother of Speer Bullets founder Vernon Speer. CCI was previously known as the Speer Ammunition Company.<ref name="Ammo1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=CCI's Eric Graufffel World IPSC Champion |url=http://www.ammoland.com/2011/04/cci-eric-graufffel-world-ipsc-champion/#axzz3TboCxcDa |newspaper=AmmoLand.com |date=27 April 2011 |access-date=6 March 2015}}</ref><ref name="NRA1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=So, Really, Where is the .22 Rimfire Ammo?
Line 67: Line 68:


===Federal Premium===
===Federal Premium===
{{main | Federal Cartridge}}
{{main | Federal Premium Ammunition}}
[[File:Bullets Hydra-Shok 9mm JHP 2871988380 o.jpg|right|thumb|Hydra-Shok 9mm ammunition from Federal Premium]]
[[File:Bullets Hydra-Shok 9mm JHP 2871988380 o.jpg|right|thumb|Hydra-Shok 9mm ammunition from Federal Premium]]
[[Federal Cartridge]], usually styled Federal Premium, is located in [[Anoka, Minnesota|Anoka]], [[Minnesota]] where it employs roughly 1,000 workers. It was founded in 1922 by Charles L. Horn. Federal Premium manufactures finished [[shotshell]], [[centerfire]], and [[Rimfire ammunition|rimfire]] [[ammunition]], as well as powder, primer, and shell casings.<ref name="Rimfire">{{cite news |last=Nale |first=Mark |date=21 June 2014 |title=Seeking answers to why rimfire ammunition is so hard to find |url=http://www.centredaily.com/2014/06/21/4234928/supply-shortage.html |newspaper=Centre Daily |location=State College, Pennsylvania |access-date=6 March 2015}}</ref> Federal Premium introduced its [[Hydra-Shok]] line of handgun ammunition in 1988 after the FBI requested a bullet with better terminal ballistics than traditional cup-and-core projectiles.<ref>{{cite journal |last=Carter |first=Aaron |title=Managing Editor |journal=American Rifleman |date=January 2011}}{{full|date=October 2014}}</ref> Federal Premium manages Vista Outdoor's relationship with the [[Lake City Army Ammunition Plant]].<ref>{{cite news |last1=Smith |first1=Christen |title=Vista Outdoor extends deal to keep Federal Premium at Lake City Army ammo plant |url=https://www.guns.com/2018/01/26/vista-outdoor-extends-deal-to-keep-federal-premium-at-lake-city-army-ammo-plant/ |access-date=13 July 2018 |publisher=Guns.com |date=26 January 2018}}</ref>
Federal Cartridge, usually styled Federal Premium, is located in [[Anoka, Minnesota|Anoka]], [[Minnesota]] where it employs roughly 1,000 workers. It was founded in 1922 by [[Charles L. Horn]]. Federal Premium manufactures finished [[shotshell]], [[centerfire]], and [[Rimfire ammunition|rimfire]] [[ammunition]], as well as bullets, primers, and shell casings.<ref name="Rimfire">{{cite news |last=Nale |first=Mark |date=21 June 2014 |title=Seeking answers to why rimfire ammunition is so hard to find |url=http://www.centredaily.com/2014/06/21/4234928/supply-shortage.html |newspaper=Centre Daily |location=State College, Pennsylvania |access-date=6 March 2015}}</ref> Federal Premium introduced its Hydra-Shok line of handgun ammunition in 1988 after the FBI requested a bullet with better terminal ballistics than traditional cup-and-core projectiles.<ref>{{cite journal |last=Carter |first=Aaron |title=Managing Editor |journal=American Rifleman |date=January 2011}}{{full citation needed|date=October 2014}}</ref> Federal Premium manages Vista Outdoor's relationship with the [[Lake City Army Ammunition Plant]].<ref>{{cite news |last1=Smith |first1=Christen |title=Vista Outdoor extends deal to keep Federal Premium at Lake City Army ammo plant |url=https://www.guns.com/2018/01/26/vista-outdoor-extends-deal-to-keep-federal-premium-at-lake-city-army-ammo-plant/ |access-date=13 July 2018 |publisher=Guns.com |date=26 January 2018}}</ref>


===Jimmy Styks===
===Jimmy Styks===
Line 80: Line 81:
Vista Outdoor's Alliant Powder division makes smokeless gunpowder.<ref name="Powder">{{cite news |last1=Tares |first1=Scot |title=Guided missiles, fishing reels and mattresses – the strange and diverse world of cycling brands |url=https://www.thecourier.co.uk/fp/lifestyle/outdoors/blazing-saddles/1143859/guided-missiles-fishing-reels-and-mattresses-the-strange-and-diverse-world-of-cycling-brands/ |access-date=27 February 2020 |work=The Courier |date=27 February 2020}}</ref>
Vista Outdoor's Alliant Powder division makes smokeless gunpowder.<ref name="Powder">{{cite news |last1=Tares |first1=Scot |title=Guided missiles, fishing reels and mattresses – the strange and diverse world of cycling brands |url=https://www.thecourier.co.uk/fp/lifestyle/outdoors/blazing-saddles/1143859/guided-missiles-fishing-reels-and-mattresses-the-strange-and-diverse-world-of-cycling-brands/ |access-date=27 February 2020 |work=The Courier |date=27 February 2020}}</ref>


===List of brands===
===Remington Ammunition===
{{redirect|Remington Ammunition|history of the Remington brand prior to 2021|Remington Arms}}
'''Outdoor products'''
Remington Ammunition was formed after Vista Outdoor acquired the Remington brand and ammunition facility in Lonoke, Arkansas, in the now defunct [[Remington Outdoor Company]]'s bankruptcy auction.<ref>{{cite web |title=About Remington |url=https://www.remington.com/about-us.html#event-remington-joins-vista-outdoor |access-date=2022-03-21 |website=www.remington.com}}</ref> Notably, the firearm side of Remington Outdoor Company was not purchased by Vista Outdoor; much of it (excluding [[Marlin Firearms]]) was reorganized into [[RemArms]], LLC.<ref>{{cite web |date=2021-08-02 |title=The Remington Ammunition Comeback Is Just in Time |url=https://www.outdoorlife.com/guns/remington-ammunition-comeback/ |access-date=2022-03-21 |website=Outdoor Life |language=en-US}}</ref> RemArms operates Remington Firearms,<ref>{{cite web |url=https://www.remarms.com/about-us |title=About Us |website=remarms.com |accessdate=March 30, 2024}}</ref> licensing use of the ''Remington'' brand name from Vista Outdoor.
{{div col|colwidth=22em}}
* Bee Stinger
* [[Bell Sports]]
* Blackburn
* [[Bushnell Corporation|Bushnell]]
* [[CamelBak]]
* Camp Chef
* CoPilot
* Final Approach
* [[Giro (company)|Giro]]
* Gold Tip
* Jimmy Styks
* Krash
* Millett
* Night Optics
* Primos Hunting
* Raskullz
* Simmons Optics
* [[Tasco]]
* Weaver Optics
{{div col end}}


After shutting down due to Remington's bankruptcy, the Lonoke ammunition plant was retooled in early 2021, ramping up production and running around-the-clock.<ref>{{cite web |last=Grossman |first=Andy |date=2 October 2021 |title=BIG GREEN IS BACK: THE STORY BEHIND REMINGTON AMMO |url=https://www.thearmorylife.com/big-green-is-back-the-story-behind-remington-ammo/ |access-date=20 March 2022 |website=The Armory Life}}</ref> The company doubled the number of workers at Lonoke, employing over 900 people.<ref name="Gazette">{{cite news |last1=Magsam |first1=John |title=Ammo booming, Vista Outdoor says; workers doubled at Lonoke factory |url=https://www.arkansasonline.com/news/2021/may/27/ammo-booming-vista-outdoor-says/ |access-date=16 February 2022 |work=Arkansas Democrat-Gazette |date=27 May 2021 |archive-date=February 16, 2022 |archive-url=https://web.archive.org/web/20220216045717/https://www.arkansasonline.com/news/2021/may/27/ammo-booming-vista-outdoor-says/ |url-status=live }}</ref>
'''Shooting sports'''

{{div col|colwidth=22em}}
=== Camp Chef ===
* Alliant Powder
Vista Outdoor announced the acquisition of Camp Chef in September 2016. They offer various products including camp stoves, barbecue grills, pellet grills, smokers, fire pits. Vista Outdoor paid a purchase price of $74 million (excluding tax effects), with $60 million in cash paid at closing and $14 million in an earn-out. The effective multiple of the transaction was approximately 6.4x Camp Chef's expected calendar year 2016 EBITDA.<ref>{{cite web |date=2016-09-01 |title=Vista Outdoor Acquires Grill Company Camp Chef |url=https://www.cookoutnews.com/vista-outdoor-acquires-grill-company-camp-chef/ |access-date=2022-03-28 |website=CookOut News |language=en-US}}</ref>
* American Eagle

* Blackhawk!
=== Foresight Sports ===
* Blazer Ammunition
In May 2022, Vista Outdoor announced the acquisition of launch monitor and golf simulator manufacturer [[Foresight Sports]]. The acquisition valued at $475 million is aimed to aid Vista's Bushnell brand in expanding into new segments.<ref>{{cite journal|date=29 September 2021|url=https://www.retail-insight-network.com/news/vista-outdoor-foresight-sports/|title=Vista Outdoor completes purchase of Foresight Sports for $474m|journal=Retail Insight Network|access-date=12 May 2022}}</ref><ref name="BusinessJ" />
* Butler Creek

* [[CCI (ammunition)|CCI]]
===Fox Racing===
* Champion
In July 2022, Vista Outdoor bought [[Fox Racing]] for $540 million.<ref>{{cite web | url=https://www.utvdriver.com/story/utv-news/vista-outdoor-buys-fox-racing-540-million-deal/ | title=Fox Racing Bought by Vista Outdoor }}</ref> This amount could be increased by $50 million through an earn-out.<ref name="Kennedy">{{cite news |last1=Kennedy |first1=Patrick |title=Anoka's Vista Outdoor spending up to $590M for mountain bike gear maker |url=https://www.startribune.com/anokas-vista-outdoor-spending-up-to-590m-for-mountain-bike-gear-maker/600188044/?refresh=true |access-date=27 July 2022 |work=Star Tribune}}</ref> Fox Racing CEO Jeffrey McGuane will continue in his position following the merger.<ref name="Retailer">{{cite news |author=<!--Not stated-->|title=Vista Outdoor to acquire Fox Racing for $540 million |url=https://www.bicycleretailer.com/industry-news/2022/07/06/vista-outdoor-acquire-fox-racing-540-million#.Yw-igC8RppQ |access-date=31 August 2022 |work=Bicycle Retailer |date=6 July 2022}}</ref> Fox Racing makes apparel and accessories for mountain biking, motocross, and BMX.<ref name="BusinessJ" />
* Eagle Industries

* Estate Cartridge
===Simms Fishing Products===
* [[Federal Premium Ammunition|Federal Premium]]
In July 2022, Vista Outdoor announced the acquisition of [[Simms Fishing Products]] for $192.5 million.<ref name="SGB1">{{cite web |last1=Ryan |first1=Thomas J. |title=Vista Outdoor's CEO Discusses Recent Acquisitions And Macroeconomic Pressures |url=https://sgbonline.com/vista-outdoors-ceo-discusses-recent-acquisitions-and-macroeconomic-pressures/ |website=SGB Online |publisher=SGB Media |access-date=31 August 2022}}</ref> Simms makes waders and other fishing equipment. Simms is based in Bozeman, Montana.<ref name="BusinessJ">{{cite news |last1=Reilly |first1=Mark |title=Vista Outdoor buying Simms Fishing for $192 million in latest big-dollar deal |url=https://www.bizjournals.com/twincities/news/2022/07/28/vista-outdoor-simms-fishing-acquisition.html |access-date=31 August 2022 |work=Minneapolis/St. Paul Business Journal |date=28 July 2022}}</ref> In early 2023, Vista Outdoor appointed Derek Tarlecki President of Simms Fishing Products.<ref name="Presser">{{cite press release |author=<!--Not stated--> |title=Vista Outdoor Appoints Derek Tarlecki as President, Simms Fishing Products
* Force on Force
|url=https://www.prnewswire.com/news-releases/vista-outdoor-appoints-derek-tarlecki-as-president-simms-fishing-products-301761561.html |location=Anoka, Minnesota |publisher=Vista Outdoor |agency=CISION PR Newswire |date=2 March 2023 |access-date=2023-03-09}}</ref>
* Gunmate

* Gunslick Pro
===QuietKat===
* Hoppe's 9
QuietKat is a manufacturer of electric bicycles. Vista Outdoor acquired QuietKat in May 2021. The company is famous for a Super Bowl advertisement featuring a Jeep-branded electric bike.<ref name="QuietKat">{{cite news |author=<!--Not stated--> |title=Vista Outdoor buys QuietKat e-bike brand |url=https://www.bicycleretailer.com/industry-news/2021/05/26/vista-outdoor-acquires-quiet-kat-e-bike-brand#.Yw_I1S8RppQ |access-date=31 August 2022 |work=Bicycle Retailer |date=26 May 2021}}</ref>
* Independence Ammo
* M-Pro 7
* Outers
* RCBS
* Remington
* Speer Ammo
* Speer Bullets
* Uncle Mike's
{{div col end}}


==Leadership==
==Leadership==
===Christopher Metz===
===Christopher Metz===
Metz was named CEO of Vista Outdoor on October 9, 2017. He is responsible for Vista Outdoor's and its subsidiaries' daily operations. Metz is also a managing partner at [[Kellwood Company]]. He served as the CEO and president of [[Arctic Cat]] from 2014 to 2017. Metz was the Managing Director of Sun Capital Partners from 2005 until 2014. Metz worked for Black & Decker from 1992 until 2005, where he held numerous positions in senior management. Metz holds an undergraduate degree from the [[University of Delaware]] and an MBA from the [[Kenan-Flagler Business School]] at the [[University of North Carolina at Chapel Hill]].<ref name="Bloom">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Christopher T. Metz |url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=255823&privcapId=262788142 |work=Bloomberg |location=United States |date=9 May 2018 |access-date=9 May 2018}}</ref>
Metz was named CEO of Vista Outdoor on October 9, 2017. He is responsible for Vista Outdoor's and its subsidiaries' daily operations. Metz is also a managing partner at [[Kellwood Company]]. He served as the CEO and president of [[Arctic Cat]] from 2014 to 2017. Metz was the managing director of Sun Capital Partners from 2005 until 2014. Metz worked for Black & Decker from 1992 until 2005, where he held numerous positions in senior management. Metz holds an undergraduate degree from the [[University of Delaware]] and an MBA from the [[Kenan-Flagler Business School]] at the [[University of North Carolina at Chapel Hill]].<ref name="Bloom">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Christopher T. Metz |url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=255823&privcapId=262788142 |work=Bloomberg |location=United States |date=9 May 2018 |access-date=9 May 2018}}</ref>


Vista Outdoor's debt was over $1 billion when Metz was hired in 2017. As of December 2019, that debt has been reduced to $562 million. A large portion of this debt reduction is attributable to selling [[Savage Arms]] and other subsidiaries. Metz moved Vista Outdoor's headquarters back to Minnesota to cut costs but also to take advantage of what it sees as a favorable business environment in Minnesota.<ref name="star666" />
Vista Outdoor's debt was over $1 billion when Metz was hired in 2017. As of December 2019, that debt has been reduced to $562 million. A large portion of this debt reduction is attributable to selling [[Savage Arms]] and other subsidiaries. Metz moved Vista Outdoor's headquarters back to Minnesota to cut costs but also to take advantage of what it sees as a favorable business environment in Minnesota.<ref name="star666" />

Metz resigned in early 2023 after Vista Outdoor's board of directors expressed a loss of confidence in his leadership.<ref name="Resignation">{{cite news |last1=Niepow |first1=Dan |title=Vista Outdoor CEO Resigns Unexpectedly |url=https://tcbmag.com/vista-outdoor-ceo-resigns-unexpectedly/ |access-date=13 February 2023 |work=Twin Cities Business |date=2 February 2023}}</ref>


===Mark W. DeYoung===
===Mark W. DeYoung===
Mark W. DeYoung was Vista Outdoor's first chairman and CEO. DeYoung retired from Vista Outdoor in July 2017. Independent board member Michael Callahan was acting as interim CEO and chairman as of the same date.<ref>{{cite web|last1=Staff|first1=Brain|title=Mark DeYoung steps down as CEO of Vista Outdoor|url=http://www.bicycleretailer.com/north-america/2017/07/10/mark-deyoung-steps-down-ceo-vista-outdoor#.WYsGRK2B1E4|website=Bicycle Retailer|access-date=9 August 2017}}</ref>
Mark W. DeYoung was Vista Outdoor's first chairman and CEO. DeYoung retired from Vista Outdoor in July 2017. Independent board member Michael Callahan was acting as interim CEO and chairman as of the same date.<ref>{{cite web|title=Mark DeYoung steps down as CEO of Vista Outdoor|url=http://www.bicycleretailer.com/north-america/2017/07/10/mark-deyoung-steps-down-ceo-vista-outdoor#.WYsGRK2B1E4|website=Bicycle Retailer|access-date=9 August 2017}}</ref>


Before heading Vista Outdoor, DeYoung was president and CEO of [[Alliant Techsystems]] (ATK) from 2010 to 2015. During his tenure, ATK completed acquisitions of [[Savage Arms]] and Bushnell. In 2015, DeYoung led the transaction that spun-off ATK's sporting goods business to create Vista Outdoor and merged ATK's aerospace and defense units with Orbital Sciences forming Orbital ATK. DeYoung previously headed ATK's Armament Systems group, the company's largest business. Under DeYoung, this unit expanded into new markets and increased its revenue from $600 million in fiscal year 2003 to $2.1 billion in fiscal year 2010.<ref name="Kansas1">{{cite news |last=Dornbrook |first=James |date=9 February 2015 |title=ATK spinoff affects KC workers at Bushnell, Lake City Ammo Plant
Before heading Vista Outdoor, DeYoung was president and CEO of [[Alliant Techsystems]] (ATK) from 2010 to 2015. During his tenure, ATK completed acquisitions of [[Savage Arms]] and Bushnell. In 2015, DeYoung led the transaction that spun-off ATK's sporting goods business to create Vista Outdoor and merged ATK's aerospace and defense units with Orbital Sciences forming Orbital ATK. DeYoung previously headed ATK's Armament Systems group, the company's largest business. Under DeYoung, this unit expanded into new markets and increased its revenue from $600 million in fiscal year 2003 to $2.1 billion in fiscal year 2010.<ref name="Kansas1">{{cite news |last=Dornbrook |first=James |date=9 February 2015 |title=ATK spinoff affects KC workers at Bushnell, Lake City Ammo Plant
|url=http://www.bizjournals.com/kansascity/news/2015/02/09/atk-spinoff-affects-kc-workers-at-bushnell-lake.html |newspaper=Kansas City Business Journal |location=Kansas City, Missouri |access-date=10 February 2015}}</ref><ref name="Forbes1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Mark Deyoung |url=https://www.forbes.com/profile/mark-deyoung/ |newspaper=Forbes |location=New York, New York |access-date=10 February 2015}}</ref><ref name="Des1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Utah native Mark W. DeYoung appointed CEO of Alliant Techsystems |url=http://www.deseretnews.com/article/700007193/Utah-native-Mark-W-DeYoung-appointed-CEO-of-Alliant-Techsystems.html?pg=all |newspaper=Deseret News |location=Utah |date=5 February 2010 |access-date=10 February 2015}}</ref><ref name="Retire">{{cite news|last1=Witkowski|first1=Wallace|title=Vista Outdoors shares rise as chairman, CEO retires|url=http://www.marketwatch.com/story/vista-outdoors-shares-rise-as-chairman-ceo-retires-2017-07-10|access-date=8 August 2017|publisher=MarketWatch|date=10 July 2017}}</ref>
|url=http://www.bizjournals.com/kansascity/news/2015/02/09/atk-spinoff-affects-kc-workers-at-bushnell-lake.html |newspaper=Kansas City Business Journal |location=Kansas City, Missouri |access-date=10 February 2015}}</ref><ref name="Forbes1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Mark Deyoung |url=https://www.forbes.com/profile/mark-deyoung/ |archive-url=https://web.archive.org/web/20120624045705/http://www.forbes.com/profile/mark-deyoung/ |url-status=dead |archive-date=June 24, 2012 |newspaper=Forbes |location=New York, New York |access-date=10 February 2015}}</ref><ref name="Des1">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Utah native Mark W. DeYoung appointed CEO of Alliant Techsystems |url=http://www.deseretnews.com/article/700007193/Utah-native-Mark-W-DeYoung-appointed-CEO-of-Alliant-Techsystems.html?pg=all |archive-url=https://web.archive.org/web/20150210192826/http://www.deseretnews.com/article/700007193/Utah-native-Mark-W-DeYoung-appointed-CEO-of-Alliant-Techsystems.html?pg=all |url-status=dead |archive-date=February 10, 2015 |newspaper=Deseret News |location=Utah |date=5 February 2010 |access-date=10 February 2015}}</ref><ref name="Retire">{{cite news|last1=Witkowski|first1=Wallace|title=Vista Outdoors shares rise as chairman, CEO retires|url=http://www.marketwatch.com/story/vista-outdoors-shares-rise-as-chairman-ceo-retires-2017-07-10|access-date=8 August 2017|publisher=MarketWatch|date=10 July 2017}}</ref>


DeYoung started his career with [[Hercules Aerospace]] in [[Salt Lake City, Utah]], in 1985. He held numerous management positions at Hercules in its solid rocket motor and composite structures businesses. After ATK acquired Hercules in 1995, DeYoung continued to advance and held roles in finance, operations, [[composite structures]], human resources, and munitions. DeYoung earned an undergraduate degree in business at [[Weber State University]], in [[Ogden, Utah]]. He holds an MBA from [[Westminster College (Utah)|Westminster College]] in Salt Lake City, Utah where he taught management and finance and was named "Adjunct Professor of the Year." DeYoung is also a member of Orbital ATK's board of directors.<ref name="Des1"/><ref name="Utah1">{{cite news |last=Koritz |first=Alex |date=1 December 2008 |title=Mark DeYoung |url=http://www.utahbusiness.com/people/view/mark_deyoung |newspaper=Utah Business |location=Utah |access-date=10 February 2015 |archive-url=https://web.archive.org/web/20150210201517/http://www.utahbusiness.com/people/view/mark_deyoung |archive-date=10 February 2015 |url-status=dead }}</ref>
DeYoung started his career with [[Hercules Aerospace]] in [[Salt Lake City, Utah]], in 1985. He held numerous management positions at Hercules in its solid rocket motor and composite structures businesses. After ATK acquired Hercules in 1995, DeYoung continued to advance and held roles in finance, operations, [[composite structures]], human resources, and munitions. DeYoung earned an undergraduate degree in business at [[Weber State University]], in [[Ogden, Utah]]. He holds an MBA from [[Westminster College (Utah)|Westminster College]] in Salt Lake City, Utah where he taught management and finance and was named "Adjunct Professor of the Year." DeYoung is also a member of Orbital ATK's board of directors.<ref name="Des1"/><ref name="Utah1">{{cite news |last=Koritz |first=Alex |date=1 December 2008 |title=Mark DeYoung |url=http://www.utahbusiness.com/people/view/mark_deyoung |newspaper=Utah Business |location=Utah |access-date=10 February 2015 |archive-url=https://web.archive.org/web/20150210201517/http://www.utahbusiness.com/people/view/mark_deyoung |archive-date=10 February 2015 |url-status=dead }}</ref>
Line 151: Line 126:
In June 2015, Vista announced that it would build its new corporate headquarters at Station Park in Farmington City, Utah. As of June 2015, construction was expected to begin during the summer of the same year, with completion expected in the middle of 2016. Station Park is a mixed-use development next to a commuter rail station.<ref name="HQ2">{{cite news |last=Lopez |first=Jesus |date=5 June 2015 |title=Vista Outdoor picks Station Park for HQ |url=http://www.standard.net/Business/2015/06/05/Vista-Outdoor-picks-Station-Park-for-HQ.html |newspaper=Standard Examiner |location=Ogden, Utah |access-date= 5 June 2015}}</ref>
In June 2015, Vista announced that it would build its new corporate headquarters at Station Park in Farmington City, Utah. As of June 2015, construction was expected to begin during the summer of the same year, with completion expected in the middle of 2016. Station Park is a mixed-use development next to a commuter rail station.<ref name="HQ2">{{cite news |last=Lopez |first=Jesus |date=5 June 2015 |title=Vista Outdoor picks Station Park for HQ |url=http://www.standard.net/Business/2015/06/05/Vista-Outdoor-picks-Station-Park-for-HQ.html |newspaper=Standard Examiner |location=Ogden, Utah |access-date= 5 June 2015}}</ref>


The company’s headquarters were moved to Utah after they applied for and received targeted tax credits from the Utah state government. In its application, Vista Outdoor said it would invest about $10 million in a new facility where about 90 highly-paid employees would work. Counting medical benefits, these employees would be paid about $125 million over seven years. Utah [[economic development]] officials expected about $6.7 million in new tax revenue from the project over this period.<ref name="GOED">{{cite news |date=13 November 2014 |title=ATK SELECTS UTAH AS HOME BASE FOR PROPOSED SPIN-OFF COMPANY, VISTA OUTDOOR |url=http://business.utah.gov/news/atk-selects-utah-home-base-proposed-spin-company-vista-outdoor/ |newspaper=Utah Governor’s Office of Economic Development |access-date=12 April 2015}}</ref>
The company's headquarters were moved to Utah after they applied for and received targeted tax credits from the Utah state government. In its application, Vista Outdoor said it would invest about $10 million in a new facility where about 90 highly-paid employees would work. Counting medical benefits, these employees would be paid about $125 million over seven years. Utah [[economic development]] officials expected about $6.7 million in new tax revenue from the project over this period.<ref name="GOED">{{cite news |date=13 November 2014 |title=ATK SELECTS UTAH AS HOME BASE FOR PROPOSED SPIN-OFF COMPANY, VISTA OUTDOOR |url=http://business.utah.gov/news/atk-selects-utah-home-base-proposed-spin-company-vista-outdoor/ |newspaper=Utah Governor's Office of Economic Development |access-date=12 April 2015}}</ref>


In January 2016, Vista opened a factory in [[American Fork, Utah]] to manufacture Gold Tip and Bee Stinger [[archery]] products.<ref name="BeeFactory">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Gold Tip/Bee Stinger Facility Opens in American Fork |newspaper=Daily Herald |location= Provo, Utah |date=13 January 2016}}</ref> The new factory is significantly larger than the facility it replaced. The additional space is used for research and development, improved production processes, and better employee amenities.<ref name="Arrow">{{cite news|title=Arrow-Maker Gold Tip Opens New Utah Facility|url=http://www.theoutdoorwire.com/story/1454864753kg1ew3rsx1k|access-date=11 May 2016|agency=The Outdoor Wire|date=8 February 2016}}</ref>
In January 2016, Vista opened a factory in [[American Fork, Utah]] to manufacture Gold Tip and Bee Stinger [[archery]] products.<ref name="BeeFactory">{{cite news |author=<!--Staff writer(s); no by-line.--> |title=Gold Tip/Bee Stinger Facility Opens in American Fork |newspaper=Daily Herald |location= Provo, Utah |date=13 January 2016}}</ref> The new factory is significantly larger than the facility it replaced. The additional space is used for research and development, improved production processes, and better employee amenities.<ref name="Arrow">{{cite news|title=Arrow-Maker Gold Tip Opens New Utah Facility|url=http://www.theoutdoorwire.com/story/1454864753kg1ew3rsx1k|access-date=11 May 2016|agency=The Outdoor Wire|date=8 February 2016}}</ref>


Vista opened a $35-million ammunition plant in [[Lewiston, Idaho]], in 2017. As of February 2019, Vista employed about 1,135 people in Lewiston. Employment at Vista's Lewiston factory peaked at 1,500 in 2016. Since then, Vista has been reducing its headcount to save costs. This is necessary due to the sharp drop in ammunition sales that followed the election of President Donald Trump. In January 2019, the company asked workers to volunteer for early retirement, but only 20 workers in Lewiston accepted Vista's offer.<ref name="Lewiston">{{cite news |last1=Williams |first1=Elaine |title=Vista Outdoor reports $52.3 million first-quarter loss |url=https://lmtribune.com/northwest/vista-outdoor-reports-million-first-quarter-loss/article_a06879f7-7025-5fb4-9a04-350b59665f2e.html |access-date=10 August 2018 |publisher=The Lewiston Tribune |date=10 August 2018}}</ref><ref name="LTRIB1">{{cite news |last1=Williams |first1=Elaine |title=Vista Outdoor looks to save money |url=https://lmtribune.com/northwest/vista-outdoor-looks-to-save-money/article_d230c1d9-09f6-57eb-8554-f41edc1e5d4e.html |access-date=15 March 2019 |publisher=The Lewiston Tribune |date=22 February 2019}}</ref>
Vista opened a $35-million ammunition plant in [[Lewiston, Idaho]], in 2017. As of February 2019, Vista employed about 1,135 people in Lewiston. Employment at Vista's Lewiston factory peaked at 1,500 in 2016. Since then, Vista has been reducing its headcount to save costs. This is necessary due to the sharp drop in ammunition sales that followed the election of President Donald Trump. In January 2019, the company asked workers to volunteer for early retirement, but only 20 workers in Lewiston accepted Vista's offer.<ref name="Lewiston">{{cite news |last1=Williams |first1=Elaine |title=Vista Outdoor reports $52.3 million first-quarter loss |url=https://lmtribune.com/northwest/vista-outdoor-reports-million-first-quarter-loss/article_a06879f7-7025-5fb4-9a04-350b59665f2e.html |access-date=10 August 2018 |publisher=The Lewiston Tribune |date=10 August 2018 |archive-url=https://web.archive.org/web/20180810123755/https://lmtribune.com/northwest/vista-outdoor-reports-million-first-quarter-loss/article_a06879f7-7025-5fb4-9a04-350b59665f2e.html |archive-date=10 August 2018 |url-status=live}}</ref><ref name="LTRIB1">{{cite news |last1=Williams |first1=Elaine |title=Vista Outdoor looks to save money |url=https://lmtribune.com/northwest/vista-outdoor-looks-to-save-money/article_d230c1d9-09f6-57eb-8554-f41edc1e5d4e.html |access-date=15 March 2019 |publisher=The Lewiston Tribune |date=22 February 2019 |archive-url=https://web.archive.org/web/20190222141813/https://lmtribune.com/northwest/vista-outdoor-looks-to-save-money/article_d230c1d9-09f6-57eb-8554-f41edc1e5d4e.html |archive-date=February 22, 2019 |url-status=live}}</ref>


In November 2018, Vista closed its corporate headquarters in [[Farmington, Utah]] in order to reduce costs.<ref name="Williams1">{{cite news |last1=Williams |first1=Elaine |title=Vista Outdoor exiting well-appointed Utah hub |url=https://lmtribune.com/business/vista-outdoor-exiting-well-appointed-utah-hub/article_9ebd9559-bcea-5cca-97ff-2c68ebf2ae5c.html |access-date=21 November 2018 |publisher=The Lewiston Tribune |date=11 November 2018}}</ref> Vista Outdoor relocated its headquarters to [[Anoka, Minnesota]], near its ammunition factory there.<ref name="MinBiz">{{cite news |last1=Mark |first1=Reilly |title=Vista Outdoor quietly moves headquarters to Minnesota |url=https://www.bizjournals.com/twincities/news/2019/06/18/vista-outdoor-quietly-moves-headquarters-to.html |access-date=24 July 2019 |publisher=Minneapolis/St. Paul Business Journal |date=18 June 2019}}</ref>
In November 2018, Vista closed its corporate headquarters in [[Farmington, Utah]] in order to reduce costs.<ref name="Williams1">{{cite news |last1=Williams |first1=Elaine |title=Vista Outdoor exiting well-appointed Utah hub |url=https://lmtribune.com/business/vista-outdoor-exiting-well-appointed-utah-hub/article_9ebd9559-bcea-5cca-97ff-2c68ebf2ae5c.html |access-date=21 November 2018 |publisher=The Lewiston Tribune |date=11 November 2018 |archive-url=https://web.archive.org/web/20181111101724/https://lmtribune.com/business/vista-outdoor-exiting-well-appointed-utah-hub/article_9ebd9559-bcea-5cca-97ff-2c68ebf2ae5c.html |archive-date=11 November 2018 |url-status=live}}</ref> Vista Outdoor relocated its headquarters to [[Anoka, Minnesota]], near its ammunition factory there.<ref name="MinBiz">{{cite news |last1=Mark |first1=Reilly |title=Vista Outdoor quietly moves headquarters to Minnesota |url=https://www.bizjournals.com/twincities/news/2019/06/18/vista-outdoor-quietly-moves-headquarters-to.html |access-date=24 July 2019 |publisher=Minneapolis/St. Paul Business Journal |date=18 June 2019 |archive-url=https://web.archive.org/web/20210620183116/https://www.bizjournals.com/twincities/news/2019/06/18/vista-outdoor-quietly-moves-headquarters-to.html |archive-date=June 20, 2021 |url-status=live}}</ref>


In 2020, Vista Outdoor acquired an ammunition plant from Remington in [[Lanoke, Arkansas]]. This plant was built in 1969. It is one of the town's largest employers. Remington remains a separate brand and business.<ref name="ST221220">{{cite news |last1=Kennedy |first1=Patrick |title=Purchase of Remington ammunition already has meant hiring, manufacturing boost for Anoka's Vista |url=https://www.startribune.com/anoka-s-vista-outdoor-gets-boost-from-remington-ammunition-purchase/573193001/ |access-date=22 December 2020 |publisher=Star Tribune |date=25 November 2020}}</ref>
Vista Outdoor announced that [[Bozeman, Montana]] will be the location of its headquarters for outdoor products. [[Gallatin County, Montana | Gallatin County]] will be a major focus of development.<ref name="Headquarters">{{cite news |last1=May |first1=Jonathan |title=Vista Outdoor to make Bozeman headquarters for outdoor products |url=https://nbcmontana.com/news/local/vista-outdoor-to-make-bozeman-headquarters-for-outdoor-products |access-date=14 December 2022 |work=NBC Montana |date=1 September 2022 |archive-url=https://web.archive.org/web/20220903063848/https://nbcmontana.com/news/local/vista-outdoor-to-make-bozeman-headquarters-for-outdoor-products |archive-date=September 3, 2022 |url-status=live}}</ref>


==2018 boycott==
==2018 boycott==
As part of the [[2018 NRA boycott]], activists asked retailers to stop sales of Vista Outdoor products due to its support of the [[National Rifle Association]] and manufacturing of [[assault weapon]]s.<ref>https://nytimes.com/2018/02/27/business/nra-boycotts.html "Those brands are owned by Vista Outdoor, which also makes guns and ammunition."</ref> Within days, bicycle retailers in [[Oregon]] stopped selling all Vista Outdoor products. Some cancelled orders or returned stock.<ref>http://www.bicycleretailer.com/industry-news/2018/02/26/bell-giro-camelbak-blackburn-face-backlash-parent-company’s-affiliation-nra#.WpYUinB6rv4</ref><ref>{{cite web|url=https://m.youtube.com/watch?v=Ent_53YrIfc|title=Local bike shops boycott company with NRA ties|last=KOIN 6|date=23 February 2018|access-date=2 March 2018|via=YouTube}}</ref><ref>https://www.bikebiz.com/.amp/news/anti-gun-bike-brand-boycott The same company that manufactures your CoPilot rear-rack child bicycle safety seat also produces the SavageArms MSR 15 Patrol assault rifle"</ref><ref name=Flynn /><ref>{{cite web|url=https://www.outsideonline.com/2284921/consumers-ask-retailers-cut-ties-vista-outdoor|title=Consumers Ask REI to Stop Selling Vista Outdoor Brands|first=Ariella|last=Gintzler|date=28 February 2018|access-date=2 March 2018}}</ref>
As part of the [[2018 NRA boycott]], activists asked retailers to stop selling all Vista Outdoor products over the company's support of the [[National Rifle Association of America]] and manufacturing of [[assault weapon]]s.<ref>{{cite news |author1=Tiffany Hsu |title=Big and Small, N.R.A. Boycott Efforts Come Together in Gun Debate |url=https://nytimes.com/2018/02/27/business/nra-boycotts.html |work=New York Times |date=February 27, 2018 |archive-url=https://web.archive.org/web/20180228002058/https://nytimes.com/2018/02/27/business/nra-boycotts.html |archive-date=February 28, 2018 |language=en-us |quote=Those brands are owned by Vista Outdoor, which also makes guns and ammunition.}}{{Subscription required|date=October 2023}}</ref> Some bicycle shops in [[Oregon]] stopped selling Vista Outdoor products. Some cancelled orders or returned stock.<ref>{{Cite web |url=http://www.bicycleretailer.com/industry-news/2018/02/26/bell-giro-camelbak-blackburn-face-backlash-parent-company%E2%80%99s-affiliation-nra#.WpYUinB6rv4 |title=Bell, Giro, CamelBak, Blackburn face backlash for parent company's affiliation with the NRA &#124; Bicycle Retailer and Industry News |access-date=2022-07-24 |archive-date=2018-02-27 |archive-url=https://web.archive.org/web/20180227004133/http://www.bicycleretailer.com/industry-news/2018/02/26/bell-giro-camelbak-blackburn-face-backlash-parent-company%E2%80%99s-affiliation-nra#.WpYUinB6rv4 |url-status=dead }}</ref><ref>{{cite web|url=https://m.youtube.com/watch?v=Ent_53YrIfc|title=Local bike shops boycott company with NRA ties|last=KOIN 6|date=23 February 2018|access-date=2 March 2018|via=YouTube}}</ref><ref>[https://web.archive.org/web/20180221150201/https://bikebiz.com/.amp/news/anti-gun-bike-brand-boycott Ammo Maker's Bike Brands Looking Down The Barrel Of A Consumer Boycott] The same company that manufactures your CoPilot rear-rack child bicycle safety seat also produces the Savage Arms MSR 15 Patrol assault rifle"</ref><ref name=Flynn /><ref>{{cite web|url=https://www.outsideonline.com/2284921/consumers-ask-retailers-cut-ties-vista-outdoor|title=Consumers Ask REI to Stop Selling Vista Outdoor Brands|first=Ariella|last=Gintzler|date=28 February 2018|access-date=2 March 2018|archive-url=https://web.archive.org/web/20180301004317/https://www.outsideonline.com/2284921/consumers-ask-retailers-cut-ties-vista-outdoor|archive-date=1 March 2018|url-status=live}}</ref>


[[Mountain Equipment Co-op]] (MEC), with 22 stores across Canada, was pressured by their members to stop selling Vista Outdoor products because it supports the NRA. MEC carries camping and bike gear from Vista Outdoor. MEC stopped orders from Vista Outdoor.<ref>{{cite web|url=https://ottawacitizen.com/news/local-news/mountain-equipment-co-op-severs-ties-with-gun-manufacturer/wcm/b7673218-416b-46ba-b1f1-12dbd3730fed|title=Mountain Equipment Co-Op severs ties with gun manufacturer, will stop selling Camel bak, Bushnell and other products|date=1 March 2018|access-date=2 March 2018}}</ref><ref name=Flynn /><ref>{{Cite news|url=http://business.financialpost.com/news/retail-marketing/retailer-mec-to-stop-ordering-from-vista-outdoor-in-response-to-florida-shooting|title=MEC to stop selling gun-maker Vista Outdoor brands after outcry over Florida shooting|date=2018-03-01|work=Financial Post|access-date=2018-03-01|language=en-US}}</ref><ref>{{Cite news|url=http://www.cbc.ca/news/canada/british-columbia/mec-guns-vista-boycott-1.4552325|title=Consumers pressure MEC to drop outdoor brands owned by U.S. gun manufacturer|work=CBC News|access-date=2018-03-01|language=en}}</ref><ref name="REI" />
[[Mountain Equipment Co-op]] (MEC), with 22 stores across Canada, was pressured by their members to stop selling Vista Outdoor products because it supports the NRA. MEC carries camping and bike gear from Vista Outdoor. MEC stopped orders from Vista Outdoor.<ref>{{cite web|url=https://ottawacitizen.com/news/local-news/mountain-equipment-co-op-severs-ties-with-gun-manufacturer/wcm/b7673218-416b-46ba-b1f1-12dbd3730fed|title=Mountain Equipment Co-Op severs ties with gun manufacturer, will stop selling Camel bak, Bushnell and other products|date=1 March 2018|access-date=2 March 2018}}</ref><ref name=Flynn /><ref>{{Cite news|url=http://business.financialpost.com/news/retail-marketing/retailer-mec-to-stop-ordering-from-vista-outdoor-in-response-to-florida-shooting|title=MEC to stop selling gun-maker Vista Outdoor brands after outcry over Florida shooting|date=2018-03-01|work=Financial Post|access-date=2018-03-01|language=en-US}}</ref><ref>{{Cite news|url=http://www.cbc.ca/news/canada/british-columbia/mec-guns-vista-boycott-1.4552325|title=Consumers pressure MEC to drop outdoor brands owned by U.S. gun manufacturer|work=CBC News|access-date=2018-03-01|language=en}}</ref><ref name="REI" />


[[Recreational Equipment, Inc.|Recreational Equipment, Inc. (REI)]] stopped ordering Vista Outdoor products due to Vista's lack of action on reducing gun violence.<ref>{{Cite web|url=https://newsroom.rei.com/company-information/statements/rei-statement-on-relationship-with-vista-outdoor.htm|title=REI statement on relationship with Vista Outdoor|website=REI Newsroom|language=en|access-date=2018-05-13|quote=We believe that it is the job of companies that manufacture and sell guns and ammunition to work towards common sense solutions that prevent the type of violence that happened in Florida last month. ... we learned that Vista does not plan to make a public statement that outlines a clear plan of action}}</ref><ref name=Flynn>{{cite web | url=https://www.washingtonpost.com/news/morning-mix/wp/2018/03/02/gun-boycott-rei-mountain-equipment-co-op-stop-selling-major-outdoor-brand-due-to-its-weapons-sales-nra-ties/ | title=NRA boycott: REI, Mountain Equipment Co-Op, stop selling major outdoor brand with NRA ties | work=[[Washington Post]] | date=March 2, 2018 | access-date=March 2, 2018 | last=Flynn | first=Meagan}}</ref><ref>{{cite web|url=https://money.cnn.com/2018/03/01/news/companies/rei-vista-guns/index.html|title=REI halts orders from Vista Outdoor over its response to Parkland shooting|first=Danielle|last=Wiener-Bronner|access-date=2 March 2018}}</ref><ref>{{cite web|url=https://www.usatoday.com/story/money/2018/03/02/rei-vista-outdoor/388101002/|title=REI cuts off key supplier over refusal to take action on guns|access-date=2 March 2018}}</ref><ref>{{cite web|url=https://www.thestreet.com/story/14506004/1/stocks-slump-steel-tariffs-donald-trump-beer-vista-outdoor-guns-equifax-5-things-you-must-know-before-the-market-opens-friday.html|title=Stocks Slump, Steel Tariffs, Vista Outdoor and Equifax - 5 Things You Must Know|first=Joseph|last=Woelfel|date=2 March 2018|access-date=2 March 2018}}</ref><ref>{{cite web|url=https://www.cnbc.com/2018/03/02/outdoor-retailer-temporarily-halts-sale-of-products-made-by-gun-maker-vista-outdoor.html|title=Outdoor retailer temporarily halts sale of products made by gun maker Vista Outdoor|first=Lauren|last=Hirsch|date=2 March 2018|access-date=2 March 2018}}</ref>REI lifted its ban on Vista Outdoor products and started carrying them again in September of 2019. REI is one of Vista Outdoor's largest customers.<ref name="SGB">{{cite news |last1=Smith |first1=Eric |title=CamelBak Lands First REI Contract After Vista’s Firearms Exit |url=https://sgbonline.com/camelbak-lands-first-rei-contract-after-vistas-firearms-exit/ |access-date=22 September 2020 |publisher=SGB Media |date=10 September 2019}}</ref>
[[Recreational Equipment, Inc.|Recreational Equipment, Inc. (REI)]] stopped ordering Vista Outdoor products due to Vista's lack of action on reducing gun violence.<ref>{{cite web|url=https://newsroom.rei.com/company-information/statements/rei-statement-on-relationship-with-vista-outdoor.htm|title=REI statement on relationship with Vista Outdoor|website=REI Newsroom|language=en|access-date=2018-05-13|quote=We believe that it is the job of companies that manufacture and sell guns and ammunition to work towards common sense solutions that prevent the type of violence that happened in Florida last month. ... we learned that Vista does not plan to make a public statement that outlines a clear plan of action}}</ref><ref name=Flynn>{{cite news | url=https://www.washingtonpost.com/news/morning-mix/wp/2018/03/02/gun-boycott-rei-mountain-equipment-co-op-stop-selling-major-outdoor-brand-due-to-its-weapons-sales-nra-ties/ | title=NRA boycott: REI, Mountain Equipment Co-Op, stop selling major outdoor brand with NRA ties | newspaper=[[Washington Post]] | date=March 2, 2018 | access-date=March 2, 2018 | last=Flynn | first=Meagan}}</ref><ref>{{cite web|url=https://money.cnn.com/2018/03/01/news/companies/rei-vista-guns/index.html|title=REI halts orders from Vista Outdoor over its response to Parkland shooting|first=Danielle|last=Wiener-Bronner|date=March 2018 |access-date=2 March 2018}}</ref><ref>{{cite web|url=https://www.usatoday.com/story/money/2018/03/02/rei-vista-outdoor/388101002/|title=REI cuts off key supplier over refusal to take action on guns|website=[[USA Today]]|access-date=2 March 2018}}</ref><ref>{{cite web|url=https://www.thestreet.com/story/14506004/1/stocks-slump-steel-tariffs-donald-trump-beer-vista-outdoor-guns-equifax-5-things-you-must-know-before-the-market-opens-friday.html|title=Stocks Slump, Steel Tariffs, Vista Outdoor and Equifax - 5 Things You Must Know|first=Joseph|last=Woelfel|date=2 March 2018|access-date=2 March 2018}}</ref><ref>{{cite web|url=https://www.cnbc.com/2018/03/02/outdoor-retailer-temporarily-halts-sale-of-products-made-by-gun-maker-vista-outdoor.html|title=Outdoor retailer temporarily halts sale of products made by gun maker Vista Outdoor|first=Lauren|last=Hirsch|website=[[CNBC]]|date=2 March 2018|access-date=2 March 2018}}</ref> REI lifted its ban on Vista Outdoor products and started carrying them again in September 2019. REI is one of Vista Outdoor's largest customers.<ref name="SGB">{{cite news |last1=Smith |first1=Eric |title=CamelBak Lands First REI Contract After Vista's Firearms Exit |url=https://sgbonline.com/camelbak-lands-first-rei-contract-after-vistas-firearms-exit/ |access-date=22 September 2020 |publisher=SGB Media |date=10 September 2019}}</ref>


Running Room, a 122-store Canadian chain, canceled pending orders and stopped buying CamelBak products but sold remaining stock. They cited customer support for dropping the brand and said their health and fitness focus was incompatible with guns.<ref>{{Cite news|url=https://runningmagazine.ca/running-room-drops-camelbak/|title=Running Room dumps CamelBak products due to weapons ties - Canadian Running Magazine|date=2018-03-01|work=Canadian Running Magazine|access-date=2018-03-03|language=en-US}}</ref><ref>{{cite web|url=https://ca.news.yahoo.com/amphtml/running-room-let-camelbak-supply-114529034.html|title=Running Room to let CamelBak supply dry up|website=ca.news.yahoo.com}}</ref><ref>{{cite web|url=https://www.ctvnews.ca/mobile/business/retailer-mec-to-stop-ordering-from-vista-outdoor-in-response-to-florida-shooting-1.3824130|title=Retailer MEC to stop ordering from Vista Outdoor in response to Florida shooting|first=Linda|last=Givetash|date=1 March 2018}}</ref>
Running Room, a 122-store Canadian chain, canceled pending orders and stopped buying CamelBak products but sold remaining stock. They cited customer support for dropping the brand and said their health and fitness focus was incompatible with guns.<ref>{{Cite news|url=https://runningmagazine.ca/running-room-drops-camelbak/|title=Running Room dumps CamelBak products due to weapons ties - Canadian Running Magazine|date=2018-03-01|work=Canadian Running Magazine|access-date=2018-03-03|language=en-US}}</ref><ref>{{cite web|url=https://ca.news.yahoo.com/amphtml/running-room-let-camelbak-supply-114529034.html|title=Running Room to let CamelBak supply dry up|website=ca.news.yahoo.com}}</ref><ref>{{cite web|url=https://www.ctvnews.ca/mobile/business/retailer-mec-to-stop-ordering-from-vista-outdoor-in-response-to-florida-shooting-1.3824130|title=Retailer MEC to stop ordering from Vista Outdoor in response to Florida shooting|first=Linda|last=Givetash|date=1 March 2018}}</ref>
Line 185: Line 160:
}}
}}


{{Vista Outdoor Brands}}
{{Vista Outdoor}}


{{authority control}}
{{authority control}}


[[Category:Manufacturing companies based in Minnesota]]
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Manufacturing companies established in 2015]]
[[Category:2015 establishments in Utah]]
[[Category:2015 establishments in Utah]]
[[Category:Alliant Techsystems]]
[[Category:Anoka, Minnesota]]
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Corporate spin-offs]]
[[Category:Corporate spin-offs]]
[[Category:Manufacturing companies based in Minnesota]]
[[Category:Manufacturing companies established in 2015]]
[[Category:Sporting goods manufacturers of the United States]]
[[Category:Sporting goods manufacturers of the United States]]
[[Category:Alliant Techsystems]]

Latest revision as of 11:39, 13 December 2024

Vista Outdoor Inc.
Company typePublic
NYSE: VSTO
S&P 600 component
Industryshooting sports and outdoor products
PredecessorAlliant Techsystems
Founded2015; 9 years ago (2015)
HeadquartersAnoka, Minnesota, United States[1][2]
Productssports goods
RevenueDecrease US$2.059 billion (2019)
Decrease US$2.308 billion (2018)[3]
Number of employees
5,800

Vista Outdoor Inc. is an American designer, manufacturer, and marketer of outdoor sports and recreation products. It operates in two markets: shooting sports and outdoor products. It is a "house of brands"[4] with more than 40 labels and subsidiaries. It trades under "VSTO" on the New York Stock Exchange.[5][6][7]

Vista Outdoor was the parent company to many ammunition makers, including Federal, CCI, and Remington.[8] In October 2023, the company announced that its firearms and ammunition business will be sold off to Czech company Czechoslovak Group for a value of $1.91 billion, pending regulatory approval.[9][10] Vista's sale to CSG has been protested by senators JD Vance, John Kennedy, representative Clay Higgins and National Sheriffs' Association.[11] Vista Outdoor stockholders approved the sale on 25 November 2024 for the price of $2.23bn.[12]

History

[edit]

Alliant Techsystems (ATK), entered the ammunition and outdoor products business in 2001. ATK grew through acquisitions and a large increase in demand for ammunition for police, hunting, and other private uses.[13]

ATK told its regulators in December 2014 that it intended first to merge its defense and satellite businesses with Orbital Sciences, and then spin off its sporting goods and ammunition business as a stand-alone public company to be named Vista Outdoor.[13] Vista Outdoor signed an agreement for a $350 million secured loan with a term of five years and a $400 million revolving line of credit. Proceeds were partially used to pay down debt.[13] ATK and Orbital Sciences filed a joint proxy statement and prospectus describing the share issuance with the Securities and Exchange Commission on December 17, 2014. The same month, the Department of Justice approved to the merger and spinoff.[6][14]

ATK spun-off Vista Outdoor after merging with Orbital Sciences and became Orbital ATK on February 9, 2015. Anyone holding ATK common stock at the end of the business day on February 2, 2015, received two shares of Vista Outdoor common stock. Eligible shareholders had their brokerage account credited or received a book-entry account statement reflecting their ownership. Vista Outdoor was thus initially 100% owned by ATK shareholders. Vista Outdoor stock traded on a "when-issued" basis from January 29, 2015, to February 9, 2015. It began "regular way" trading on the New York Stock Exchange on February 10, 2015, under the ticker symbol "VSTO." Shareholders were not required to make any payment or take action of any kind. This transaction was conducted on a tax-free basis. U.S. shareholders generally did not have to recognize a gain or loss for federal tax purposes.[5][15][16][17]

On February 25, 2016, BRG Sports announced its acceptance of a $400-million cash and earn-out deal to sell its "Action Sports" business to Vista Outdoor. Vista gained control of the Bell Sports, Giro, Blackburn, and C-Preme brands.[18]

On May 1, 2018, Vista Outdoor announced that it would consider selling its gun manufacturing subsidiaries[19] and Bell, Giro, Blackburn, and Jimmy Styks, to focus on its core brands for outdoors enthusiasts.[20] Months earlier, Vista announced that it was attempting to sell eyewear brands Bolle, Serengeti, and Cebe.[21] The company said its move out of the firearms business had nothing to do with recent boycotts. CEO Christopher Metz said the move had been planned in advance and that Savage Arms and Stevens would require too much investment to rectify their lack of handguns, which make up half the gun market in the US.[22] Metz said he expects the asset sales to be completed by the 2020 fiscal year.[23] Metz said the company would focus heavily on what it called its "heritage ammunition business."[24][25][26]

Vista Outdoor announced on July 9, 2018, that it had reached an agreement with a European private equity fund to sell the Bollé, Cébé and Serengeti eyewear brands.[27]

On July 9, 2019, Vista Outdoor completed the sale of Savage Arms[28] and Stevens Arms for $170 million to a group of investors led by Savage's management. Vista received immediate gross proceeds of $158 million and a $12-million five-year note. Vista said it will use this money, after paying associated taxes, to reduce its debt.[29]

On October 13, 2020, Vista Outdoor acquired certain assets related to Remington Outdoor Company's ammunition and accessories businesses, including Remington's Lonoke, Arkansas, manufacturing facility and the Remington brand and trademarks, for $81.4 million. Vista Outdoor used a combination of approximately $51 million of cash on hand and approximately $30 million from its asset-based revolving credit facility to complete this transaction.[30]

In July 2022, Vista Outdoor announced that it would be acquiring Fox Racing for $540 million. The acquisition is expected to close in the second quarter of 2023.[31] Later, Vista Outdoor also announced its intent to split into different companies with new names and stock symbol; One company will focus on sporting goods while the other will focus on ammunition and firearms accessories.[32]

After the resignation of Chris Metz in early 2023, Vista Outdoor board member Gary McArthur was named interim CEO.[33]

Financial results

[edit]

On January 11, 2017, Vista Outdoor disclosed that it expected to record "a material asset impairment charge in its hunting and shooting accessories reporting unit" for the third quarter of its fiscal year 2017. Vista reported that "the Company's preliminary analysis indicates the impairment charge will be in the range of $400 million to $450 million."[34]

For fiscal year 2019, Vista Outdoor had sales of $2.1 billion. It lost $648 million. Vista reduced its debt load from $738 million to $581 million due to its sale of Savage Arms.[35]

Response to the 2022 invasion of Ukraine

[edit]

Responding to Ukrainian President Volodymyr Zelenskyy's call for ammunition after Russia invaded Ukraine, Vista Outdoor, supplier of ammunition to Ukraine's military since 2015, pledged to donate 1 million rounds of small-caliber ammunition to the country's armed forces. Vista's ammunition companies Federal and Remington also started selling T-shirts on their websites to raise money for Ukrainian refugees.[36]

Brands and subsidiaries

[edit]

Many of Vista's brands are associated with shooting and hunting. The company also makes gear for camping, hiking, skiing, and biking such as flashlights, headlamps, lanterns, helmets, goggles, GPS locators, etc.[6][37] As of 2019, Vista Outdoor earned about 50% of its profits from businesses units related to shooting sports, such as ammunition makers Federal Premium and CCI.[17]

Bushnell

[edit]
Main article: Bushnell Corporation
Bushnell scopes on display at a hunting exhibition

Also known as Bushnell Outdoor Products, Bushnell specializes in optics. Its products include binoculars, spotting scopes, telescopes, night vision equipment, GPS devices, laser rangefinders, riflescopes, holographic weapon sights, game cameras, and other high-end optical equipment.

David P. Bushnell founded Bushnell Corporation in 1948 during his service in Allied-occupied Japan. In 1999, private equity firm Windpoint Partners acquired Bushnell. In 2007, Bushnell was acquired by MidOcean Partners, another private equity firm, in a leveraged buyout. In 2008, Bushnell acquired the assets of Simmons Outdoor Corporation from Meade Instruments. ATK announced its acquisition of Bushnell on September 5, 2013, for $985 million in cash, subject to post-closing adjustments.[38][39]

CCI

[edit]
Main article: CCI Ammunition

Cascade Cartridge, usually called CCI Ammunition, is based in Lewiston, Idaho. Initially, CCI made centerfire primers for government use. As of March 2015, it mainly manufactures rimfire ammunition but also makes centerfire handgun ammunition, primers for reloading and industrial purposes, and shotgun shells.

CCI was founded in 1951 by Dick Speer, brother of Speer Bullets founder Vernon Speer. CCI was previously known as the Speer Ammunition Company.[40][41]

Federal Premium

[edit]
Main article: Federal Premium Ammunition
Hydra-Shok 9mm ammunition from Federal Premium

Federal Cartridge, usually styled Federal Premium, is located in Anoka, Minnesota where it employs roughly 1,000 workers. It was founded in 1922 by Charles L. Horn. Federal Premium manufactures finished shotshell, centerfire, and rimfire ammunition, as well as bullets, primers, and shell casings.[42] Federal Premium introduced its Hydra-Shok line of handgun ammunition in 1988 after the FBI requested a bullet with better terminal ballistics than traditional cup-and-core projectiles.[43] Federal Premium manages Vista Outdoor's relationship with the Lake City Army Ammunition Plant.[44]

Jimmy Styks

[edit]

Kyle Reeves and Jeremy Wilkens founded Jimmy Styks in 2009 in Huntington Beach, California. In July 2015, Vista Outdoor announced its intent to purchase Jimmy Styks for $40 million upfront with additional payments to the founders, who are staying with the company, triggered by meeting financial targets over the next three years. Jimmy Styks makes stand-up paddleboards and accessories. Vista Outdoor will integrate Jimmy Styks into its outdoor products division. This purchase price was a multiple of about 5.5 times the expected 2015 calendar year EBITDA.[45]

In January 2016, Vista Outdoor announced that it would use its relationships with retailers to expand the number of stores that offer Jimmy Styks products.[46]

Alliant Powder

[edit]

Vista Outdoor's Alliant Powder division makes smokeless gunpowder.[47]

Remington Ammunition

[edit]
"Remington Ammunition" redirects here. For history of the Remington brand prior to 2021, see Remington Arms.

Remington Ammunition was formed after Vista Outdoor acquired the Remington brand and ammunition facility in Lonoke, Arkansas, in the now defunct Remington Outdoor Company's bankruptcy auction.[48] Notably, the firearm side of Remington Outdoor Company was not purchased by Vista Outdoor; much of it (excluding Marlin Firearms) was reorganized into RemArms, LLC.[49] RemArms operates Remington Firearms,[50] licensing use of the Remington brand name from Vista Outdoor.

After shutting down due to Remington's bankruptcy, the Lonoke ammunition plant was retooled in early 2021, ramping up production and running around-the-clock.[51] The company doubled the number of workers at Lonoke, employing over 900 people.[52]

Camp Chef

[edit]

Vista Outdoor announced the acquisition of Camp Chef in September 2016. They offer various products including camp stoves, barbecue grills, pellet grills, smokers, fire pits. Vista Outdoor paid a purchase price of $74 million (excluding tax effects), with $60 million in cash paid at closing and $14 million in an earn-out. The effective multiple of the transaction was approximately 6.4x Camp Chef's expected calendar year 2016 EBITDA.[53]

Foresight Sports

[edit]

In May 2022, Vista Outdoor announced the acquisition of launch monitor and golf simulator manufacturer Foresight Sports. The acquisition valued at $475 million is aimed to aid Vista's Bushnell brand in expanding into new segments.[54][32]

Fox Racing

[edit]

In July 2022, Vista Outdoor bought Fox Racing for $540 million.[55] This amount could be increased by $50 million through an earn-out.[56] Fox Racing CEO Jeffrey McGuane will continue in his position following the merger.[57] Fox Racing makes apparel and accessories for mountain biking, motocross, and BMX.[32]

Simms Fishing Products

[edit]

In July 2022, Vista Outdoor announced the acquisition of Simms Fishing Products for $192.5 million.[58] Simms makes waders and other fishing equipment. Simms is based in Bozeman, Montana.[32] In early 2023, Vista Outdoor appointed Derek Tarlecki President of Simms Fishing Products.[59]

QuietKat

[edit]

QuietKat is a manufacturer of electric bicycles. Vista Outdoor acquired QuietKat in May 2021. The company is famous for a Super Bowl advertisement featuring a Jeep-branded electric bike.[60]

Leadership

[edit]

Christopher Metz

[edit]

Metz was named CEO of Vista Outdoor on October 9, 2017. He is responsible for Vista Outdoor's and its subsidiaries' daily operations. Metz is also a managing partner at Kellwood Company. He served as the CEO and president of Arctic Cat from 2014 to 2017. Metz was the managing director of Sun Capital Partners from 2005 until 2014. Metz worked for Black & Decker from 1992 until 2005, where he held numerous positions in senior management. Metz holds an undergraduate degree from the University of Delaware and an MBA from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill.[61]

Vista Outdoor's debt was over $1 billion when Metz was hired in 2017. As of December 2019, that debt has been reduced to $562 million. A large portion of this debt reduction is attributable to selling Savage Arms and other subsidiaries. Metz moved Vista Outdoor's headquarters back to Minnesota to cut costs but also to take advantage of what it sees as a favorable business environment in Minnesota.[17]

Metz resigned in early 2023 after Vista Outdoor's board of directors expressed a loss of confidence in his leadership.[33]

Mark W. DeYoung

[edit]

Mark W. DeYoung was Vista Outdoor's first chairman and CEO. DeYoung retired from Vista Outdoor in July 2017. Independent board member Michael Callahan was acting as interim CEO and chairman as of the same date.[62]

Before heading Vista Outdoor, DeYoung was president and CEO of Alliant Techsystems (ATK) from 2010 to 2015. During his tenure, ATK completed acquisitions of Savage Arms and Bushnell. In 2015, DeYoung led the transaction that spun-off ATK's sporting goods business to create Vista Outdoor and merged ATK's aerospace and defense units with Orbital Sciences forming Orbital ATK. DeYoung previously headed ATK's Armament Systems group, the company's largest business. Under DeYoung, this unit expanded into new markets and increased its revenue from $600 million in fiscal year 2003 to $2.1 billion in fiscal year 2010.[38][63][64][65]

DeYoung started his career with Hercules Aerospace in Salt Lake City, Utah, in 1985. He held numerous management positions at Hercules in its solid rocket motor and composite structures businesses. After ATK acquired Hercules in 1995, DeYoung continued to advance and held roles in finance, operations, composite structures, human resources, and munitions. DeYoung earned an undergraduate degree in business at Weber State University, in Ogden, Utah. He holds an MBA from Westminster College in Salt Lake City, Utah where he taught management and finance and was named "Adjunct Professor of the Year." DeYoung is also a member of Orbital ATK's board of directors.[64][66]

Under DeYoung, Vista Outdoor took on about $1 billion of debt to finance a series of acquisitions. Many of the companies that were acquired started encountering problems after post-acquisition departures of their founders and senior executives.[17]

Operations

[edit]

Vista Outdoor has about 5,800 employees worldwide, with 4,000 in the United States. The company has manufacturing and support facilities spread over 11 American. states, Puerto Rico, Mexico, and Canada. It has overseas sales and sourcing operations in Mexico, Canada, Europe, Australia, New Zealand, and Asia.[5][67] For example, 1,200 of Vista Outdoor's employees staff an ammunition factory in Lewiston, Idaho.[68]

In June 2015, Vista announced that it would build its new corporate headquarters at Station Park in Farmington City, Utah. As of June 2015, construction was expected to begin during the summer of the same year, with completion expected in the middle of 2016. Station Park is a mixed-use development next to a commuter rail station.[69]

The company's headquarters were moved to Utah after they applied for and received targeted tax credits from the Utah state government. In its application, Vista Outdoor said it would invest about $10 million in a new facility where about 90 highly-paid employees would work. Counting medical benefits, these employees would be paid about $125 million over seven years. Utah economic development officials expected about $6.7 million in new tax revenue from the project over this period.[70]

In January 2016, Vista opened a factory in American Fork, Utah to manufacture Gold Tip and Bee Stinger archery products.[71] The new factory is significantly larger than the facility it replaced. The additional space is used for research and development, improved production processes, and better employee amenities.[72]

Vista opened a $35-million ammunition plant in Lewiston, Idaho, in 2017. As of February 2019, Vista employed about 1,135 people in Lewiston. Employment at Vista's Lewiston factory peaked at 1,500 in 2016. Since then, Vista has been reducing its headcount to save costs. This is necessary due to the sharp drop in ammunition sales that followed the election of President Donald Trump. In January 2019, the company asked workers to volunteer for early retirement, but only 20 workers in Lewiston accepted Vista's offer.[73][74]

In November 2018, Vista closed its corporate headquarters in Farmington, Utah in order to reduce costs.[1] Vista Outdoor relocated its headquarters to Anoka, Minnesota, near its ammunition factory there.[75]

Vista Outdoor announced that Bozeman, Montana will be the location of its headquarters for outdoor products. Gallatin County will be a major focus of development.[76]

2018 boycott

[edit]

As part of the 2018 NRA boycott, activists asked retailers to stop selling all Vista Outdoor products over the company's support of the National Rifle Association of America and manufacturing of assault weapons.[77] Some bicycle shops in Oregon stopped selling Vista Outdoor products. Some cancelled orders or returned stock.[78][79][80][81][82]

Mountain Equipment Co-op (MEC), with 22 stores across Canada, was pressured by their members to stop selling Vista Outdoor products because it supports the NRA. MEC carries camping and bike gear from Vista Outdoor. MEC stopped orders from Vista Outdoor.[83][81][84][85][29]

Recreational Equipment, Inc. (REI) stopped ordering Vista Outdoor products due to Vista's lack of action on reducing gun violence.[86][81][87][88][89][90] REI lifted its ban on Vista Outdoor products and started carrying them again in September 2019. REI is one of Vista Outdoor's largest customers.[91]

Running Room, a 122-store Canadian chain, canceled pending orders and stopped buying CamelBak products but sold remaining stock. They cited customer support for dropping the brand and said their health and fitness focus was incompatible with guns.[92][93][94]

References

[edit]
  1. ^ a b Williams, Elaine (11 November 2018). "Vista Outdoor exiting well-appointed Utah hub". The Lewiston Tribune. Archived from the original on 11 November 2018. Retrieved 21 November 2018.
  2. ^ "Egdar Search Results". SEC. United States Government. Retrieved 29 November 2018.
  3. ^ "Vista Outdoor Revenue 2013-2022 | VSTO". MacroTrends. Retrieved 2022-05-25.
  4. ^ "Vista Outdoor Emerges as Biggest Outdoor Products Company". www.americanrifleman.org. Retrieved 2020-06-10.
  5. ^ a b c Clabaugh, Jeff (9 February 2015). "Orbital, ATK complete aerospace merger". Washington Business Journal. Retrieved 10 February 2015.
  6. ^ a b c Lange, Chris (5 December 2014). "Alliant Tech and Orbital Sciences Heading in the Right Direction". 24/7 Wall St. New York, New York. Retrieved 10 February 2015.
  7. ^ Regenold, Stephen (5 March 2014). "Hunting Gear To Snowsports... New Company (Vista Outdoor) Among World's Largest". Gear Junkie. Archived from the original on 10 March 2015. Retrieved 6 March 2015.
  8. ^ "Brands". Vista Outdoor. Retrieved 2022-03-21.
  9. ^ "Vista Outdoor to sell sporting products unit in $1.91 bln deal, cuts sales forecast". Reuters. 2023-10-16. Retrieved 2023-11-07.
  10. ^ "Strnadova Czechoslovak Group kupuje za 45 miliard muničního giganta v USA". iDNES.cz (in Czech). 2023-10-16. Retrieved 2023-11-07.
  11. ^ "Americký senátor napadl byznys českého zbrojaře, nařkl ho z vazeb na Čínu a Rusko". Aktuálně.cz - Víte, co se právě děje (in Czech). 2024-04-17. Retrieved 2024-06-06.
  12. ^ "Czech takeover of US ammunition maker Kinetic wins shareholder approval". Financial Times. 2024-11-26. Retrieved 2024-11-27.
  13. ^ a b c DePass, Dee (26 December 2014). "Alliant Techsystems to name sporting spinoff Vista Outdoor". StarTribune. Minneapolis, Minnesota.
  14. ^ Wilkers, Ross (27 January 2015). "David Thompson: Orbital, ATK Set Feb. 9 Date to Close A&D Merger and Outdoor Group Spinoff". GovCon Wire. Washington, DC. Retrieved 30 January 2015.
  15. ^ Depass, Dee Dee (9 February 2015). "Alliant spinoff, merger completed". StarTribune. Minneapolis, Minnesota.
  16. ^ Lee, Jackson (13 January 2015). "3 Top Defense Stocks That May Benefit From New Congress". 24/7 Wall St. New York, New York. Retrieved 10 February 2015.
  17. ^ a b c d Kennedy, Patrick (2 December 2019). "You may not know Anoka company Vista Outdoor, but you know its brands". Star Tribune. Star Tribune Media Company, LLC. Retrieved 13 December 2019.
  18. ^ Erin, Griffin (25 February 2016). "BRG Sports Reaches Agreement to Sell Action Sports Business to Vista Outdoor for $400 Million in Cash Plus an Earn-out". Yahoo News. Archived from the original on 2016-03-09. Retrieved 5 June 2015.
  19. ^ Thomsen, Jacqueline (2018-05-01). "Vista Outdoor to stop manufacturing guns". The Hill. Retrieved 2020-06-10.
  20. ^ "Vista Outdoor to get rid of firearms business". New Zealand Herald. New Zealand. 2 May 2018. Archived from the original on 10 May 2018. Retrieved 9 May 2018.
  21. ^ Siler, Wes (1 May 2018). "Vista Outdoor to Stop Making Guns". Outside Online. United States. Retrieved 10 May 2018.
  22. ^ Cameron, Doug; Lombardo, Caro (2 May 2018). "Vista Outdoor to Halt Firearm Production". The Wall Street Journal. New York.
  23. ^ Bevilacqua, Matt (2 May 2018). "After Backlash, Vista Outdoor to Stop Selling Guns and Cycling Gear". Bicycling. United States. Retrieved 10 May 2018.
  24. ^ "Vista Shifts Focus to 'Core' Businesses". Inside Outdoor. United States. 1 May 2018. Retrieved 10 May 2018.
  25. ^ Frothingham, Stephen (1 May 2018). "Vista Outdoor to sell Bell, Giro and Blackburn, along with firearms brands". Bicycle Retailer. United States. Retrieved 18 May 2018.
  26. ^ "Vista Outdoor Inc. Announces Restructuring, Plans to Sell Bollé, Serengeti and Cébé Brands". Vision Monday. United States. 13 November 2017. Retrieved 18 May 2018.
  27. ^ "Vista Outdoor Announces Sale of Bollé, Cébé and Serengeti Brands" (Press release). Vista Outdoor. Cision PR Newswire. 9 July 2018. Retrieved 2018-07-11.
  28. ^ Kinney, Kinney (17 July 2019). "Savage Arms bought by management-led investors for $170 million; company employs about 300 in Westfield". The Republican. MassLive LLC. Retrieved 24 July 2019.
  29. ^ a b McCoy, Sean (9 July 2019). "REI Will Do Business With Vista Outdoor After Sale of Savage, Stevens". Gear Junkie. Archived from the original on 24 July 2019. Retrieved 24 July 2019.
  30. ^ "Vista Outdoor Announces Closing of the Acquisition of Remington Outdoor Company's Ammunition and Accessories Assets". www.prnewswire.com. Retrieved 2022-03-21.
  31. ^ "Vista Outdoor to acquire Fox Racing for $540 million". Bicycle Retailer and Industry News. Retrieved 2022-07-07.
  32. ^ a b c d Reilly, Mark (28 July 2022). "Vista Outdoor buying Simms Fishing for $192 million in latest big-dollar deal". Minneapolis/St. Paul Business Journal. Retrieved 31 August 2022.
  33. ^ a b Niepow, Dan (2 February 2023). "Vista Outdoor CEO Resigns Unexpectedly". Twin Cities Business. Retrieved 13 February 2023.
  34. ^ Smith, Rich (12 January 2017). "Why Vista Outdoor Inc. Stock Crashed 26% Today". Fox Business. Retrieved January 12, 2017.
  35. ^ Barker, Eric (9 August 2019). "Vista Outdoor's stock sinks after earnings report". The Lewiston Tribune. Retrieved 28 August 2019.
  36. ^ Kennedy, Patrick. "Anoka's Vista Outdoor donating 1 million ammunition rounds to Ukraine". Star Tribune. Retrieved 2022-03-21.
  37. ^ Miniter, Frank (23 March 2016). "How A Recent Spin Off Has Become A Company To Watch". Forbes. Retrieved 11 May 2016.
  38. ^ a b Dornbrook, James (9 February 2015). "ATK spinoff affects KC workers at Bushnell, Lake City Ammo Plant". Kansas City Business Journal. Kansas City, Missouri. Retrieved 10 February 2015.
  39. ^ Dornbrook, James (5 September 2013). "ATK acquires Bushnell for $985M". Kansas City Business Journal. Kansas City, Missouri. Retrieved 10 February 2015.
  40. ^ "CCI's Eric Graufffel World IPSC Champion". AmmoLand.com. 27 April 2011. Retrieved 6 March 2015.
  41. ^ "So, Really, Where is the .22 Rimfire Ammo?". The American Rifleman. Fairfax, Virginia. 11 August 2014. Retrieved 6 March 2015.
  42. ^ Nale, Mark (21 June 2014). "Seeking answers to why rimfire ammunition is so hard to find". Centre Daily. State College, Pennsylvania. Retrieved 6 March 2015.
  43. ^ Carter, Aaron (January 2011). "Managing Editor". American Rifleman.[full citation needed]
  44. ^ Smith, Christen (26 January 2018). "Vista Outdoor extends deal to keep Federal Premium at Lake City Army ammo plant". Guns.com. Retrieved 13 July 2018.
  45. ^ "Vista Outdoor Acquires Jimmy Styks". Entertainment Close-up. United States. 27 July 2015.
  46. ^ "VISTA OUTDOORS INC. TO OPEN NEW DOORS FOR JIMMY STYKS" (PDF). Sports Executive Weekly (WEEK 1603): 5. 18 January 2016.
  47. ^ Tares, Scot (27 February 2020). "Guided missiles, fishing reels and mattresses – the strange and diverse world of cycling brands". The Courier. Retrieved 27 February 2020.
  48. ^ "About Remington". www.remington.com. Retrieved 2022-03-21.
  49. ^ "The Remington Ammunition Comeback Is Just in Time". Outdoor Life. 2021-08-02. Retrieved 2022-03-21.
  50. ^ "About Us". remarms.com. Retrieved March 30, 2024.
  51. ^ Grossman, Andy (2 October 2021). "BIG GREEN IS BACK: THE STORY BEHIND REMINGTON AMMO". The Armory Life. Retrieved 20 March 2022.
  52. ^ Magsam, John (27 May 2021). "Ammo booming, Vista Outdoor says; workers doubled at Lonoke factory". Arkansas Democrat-Gazette. Archived from the original on February 16, 2022. Retrieved 16 February 2022.
  53. ^ "Vista Outdoor Acquires Grill Company Camp Chef". CookOut News. 2016-09-01. Retrieved 2022-03-28.
  54. ^ "Vista Outdoor completes purchase of Foresight Sports for $474m". Retail Insight Network. 29 September 2021. Retrieved 12 May 2022.
  55. ^ "Fox Racing Bought by Vista Outdoor".
  56. ^ Kennedy, Patrick. "Anoka's Vista Outdoor spending up to $590M for mountain bike gear maker". Star Tribune. Retrieved 27 July 2022.
  57. ^ "Vista Outdoor to acquire Fox Racing for $540 million". Bicycle Retailer. 6 July 2022. Retrieved 31 August 2022.
  58. ^ Ryan, Thomas J. "Vista Outdoor's CEO Discusses Recent Acquisitions And Macroeconomic Pressures". SGB Online. SGB Media. Retrieved 31 August 2022.
  59. ^ "Vista Outdoor Appoints Derek Tarlecki as President, Simms Fishing Products" (Press release). Anoka, Minnesota: Vista Outdoor. CISION PR Newswire. 2 March 2023. Retrieved 2023-03-09.
  60. ^ "Vista Outdoor buys QuietKat e-bike brand". Bicycle Retailer. 26 May 2021. Retrieved 31 August 2022.
  61. ^ "Christopher T. Metz". Bloomberg. United States. 9 May 2018. Retrieved 9 May 2018.
  62. ^ "Mark DeYoung steps down as CEO of Vista Outdoor". Bicycle Retailer. Retrieved 9 August 2017.
  63. ^ "Mark Deyoung". Forbes. New York, New York. Archived from the original on June 24, 2012. Retrieved 10 February 2015.
  64. ^ a b "Utah native Mark W. DeYoung appointed CEO of Alliant Techsystems". Deseret News. Utah. 5 February 2010. Archived from the original on February 10, 2015. Retrieved 10 February 2015.
  65. ^ Witkowski, Wallace (10 July 2017). "Vista Outdoors shares rise as chairman, CEO retires". MarketWatch. Retrieved 8 August 2017.
  66. ^ Koritz, Alex (1 December 2008). "Mark DeYoung". Utah Business. Utah. Archived from the original on 10 February 2015. Retrieved 10 February 2015.
  67. ^ Gorrell, Mike (13 November 2014). "Vista Outdoor HQ is coming to Utah". Salt Lake Tribune. Salt Lake City, Utah. Retrieved 30 January 2015.
  68. ^ Miragilo, Sophie (12 February 2015). "Future is exciting for Vista Outdoor formerly known as ATK". KLEWTV.com. Lewiston, Idaho. Retrieved 5 March 2015.
  69. ^ Lopez, Jesus (5 June 2015). "Vista Outdoor picks Station Park for HQ". Standard Examiner. Ogden, Utah. Retrieved 5 June 2015.
  70. ^ "ATK SELECTS UTAH AS HOME BASE FOR PROPOSED SPIN-OFF COMPANY, VISTA OUTDOOR". Utah Governor's Office of Economic Development. 13 November 2014. Retrieved 12 April 2015.
  71. ^ "Gold Tip/Bee Stinger Facility Opens in American Fork". Daily Herald. Provo, Utah. 13 January 2016.
  72. ^ "Arrow-Maker Gold Tip Opens New Utah Facility". The Outdoor Wire. 8 February 2016. Retrieved 11 May 2016.
  73. ^ Williams, Elaine (10 August 2018). "Vista Outdoor reports $52.3 million first-quarter loss". The Lewiston Tribune. Archived from the original on 10 August 2018. Retrieved 10 August 2018.
  74. ^ Williams, Elaine (22 February 2019). "Vista Outdoor looks to save money". The Lewiston Tribune. Archived from the original on February 22, 2019. Retrieved 15 March 2019.
  75. ^ Mark, Reilly (18 June 2019). "Vista Outdoor quietly moves headquarters to Minnesota". Minneapolis/St. Paul Business Journal. Archived from the original on June 20, 2021. Retrieved 24 July 2019.
  76. ^ May, Jonathan (1 September 2022). "Vista Outdoor to make Bozeman headquarters for outdoor products". NBC Montana. Archived from the original on September 3, 2022. Retrieved 14 December 2022.
  77. ^ Tiffany Hsu (February 27, 2018). "Big and Small, N.R.A. Boycott Efforts Come Together in Gun Debate". New York Times. Archived from the original on February 28, 2018. Those brands are owned by Vista Outdoor, which also makes guns and ammunition.(subscription required)
  78. ^ "Bell, Giro, CamelBak, Blackburn face backlash for parent company's affiliation with the NRA | Bicycle Retailer and Industry News". Archived from the original on 2018-02-27. Retrieved 2022-07-24.
  79. ^ KOIN 6 (23 February 2018). "Local bike shops boycott company with NRA ties". Retrieved 2 March 2018 – via YouTube.{{cite web}}: CS1 maint: numeric names: authors list (link)
  80. ^ Ammo Maker's Bike Brands Looking Down The Barrel Of A Consumer Boycott The same company that manufactures your CoPilot rear-rack child bicycle safety seat also produces the Savage Arms MSR 15 Patrol assault rifle"
  81. ^ a b c Flynn, Meagan (March 2, 2018). "NRA boycott: REI, Mountain Equipment Co-Op, stop selling major outdoor brand with NRA ties". Washington Post. Retrieved March 2, 2018.
  82. ^ Gintzler, Ariella (28 February 2018). "Consumers Ask REI to Stop Selling Vista Outdoor Brands". Archived from the original on 1 March 2018. Retrieved 2 March 2018.
  83. ^ "Mountain Equipment Co-Op severs ties with gun manufacturer, will stop selling Camel bak, Bushnell and other products". 1 March 2018. Retrieved 2 March 2018.
  84. ^ "MEC to stop selling gun-maker Vista Outdoor brands after outcry over Florida shooting". Financial Post. 2018-03-01. Retrieved 2018-03-01.
  85. ^ "Consumers pressure MEC to drop outdoor brands owned by U.S. gun manufacturer". CBC News. Retrieved 2018-03-01.
  86. ^ "REI statement on relationship with Vista Outdoor". REI Newsroom. Retrieved 2018-05-13. We believe that it is the job of companies that manufacture and sell guns and ammunition to work towards common sense solutions that prevent the type of violence that happened in Florida last month. ... we learned that Vista does not plan to make a public statement that outlines a clear plan of action
  87. ^ Wiener-Bronner, Danielle (March 2018). "REI halts orders from Vista Outdoor over its response to Parkland shooting". Retrieved 2 March 2018.
  88. ^ "REI cuts off key supplier over refusal to take action on guns". USA Today. Retrieved 2 March 2018.
  89. ^ Woelfel, Joseph (2 March 2018). "Stocks Slump, Steel Tariffs, Vista Outdoor and Equifax - 5 Things You Must Know". Retrieved 2 March 2018.
  90. ^ Hirsch, Lauren (2 March 2018). "Outdoor retailer temporarily halts sale of products made by gun maker Vista Outdoor". CNBC. Retrieved 2 March 2018.
  91. ^ Smith, Eric (10 September 2019). "CamelBak Lands First REI Contract After Vista's Firearms Exit". SGB Media. Retrieved 22 September 2020.
  92. ^ "Running Room dumps CamelBak products due to weapons ties - Canadian Running Magazine". Canadian Running Magazine. 2018-03-01. Retrieved 2018-03-03.
  93. ^ "Running Room to let CamelBak supply dry up". ca.news.yahoo.com.
  94. ^ Givetash, Linda (1 March 2018). "Retailer MEC to stop ordering from Vista Outdoor in response to Florida shooting".
[edit]
  • Official website
  • Business data for Vista Outdoor Inc.:
Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=Vista_Outdoor&oldid=1262844072"