Vista Outdoor introduced a new, “Roadmap to 2025” three-year plan at its investor day, which calls for 10%-plus annual revenue growth, including acquisitions, and an EBITDA margin expanding from 15.5% currently towards 20%. E-commerce, including DTC and partners, is seen growing to 25% to 30% of total sales. VSTO expects free cash flow of over $600 million over the next three years, and CapEx of between 1% and 2% of sales, with leverage remaining between 1.0x and 2.0x. Investment will focus on organic growth and employees first, then disciplined M&A and share repurchases. VSTO will focus on five strategic pillars ... Log in to view full article.