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Stock impact report

Vista Outdoor Completes Sale of Gun Business. Is Its Stock a Buy? [The Motley Fool]

Vista Outdoor Inc. (VSTO) 
Last vista outdoor inc. earnings: 2/6 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.vistaoutdoor.com
Company Research Source: The Motley Fool
Vista Outdoor Completes Sale of Gun Business. Is Its Stock a Buy? The outdoor recreational gear leader will now focus on its core business. After more than a year of trying to sell its firearms business, sporting goods retailer Vista Outdoor ( NYSE:VSTO ) announced last month it had finally sold its Savage Arms and Stevens firearms brands to an investment group headed by the division's president and CEO. While that suggests Vista had difficulty finding a buyer willing to delve into the volatile firearms market, the sale to someone close to the business indicates the unit has a better shot at being shepherded through the gun industry downturn by individuals with more than just a financial interest in its success. Beyond firearms, Vista owns brands including Bell, Bushnell, CamelBak, Giro, and Camp Chef that span bicycling, camping, hiking, and more of the active outdoor lifestyle, growing into a company with some 50 brands in its portfolio. And though it has unloaded its firearms busi Show less Read more
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