Vista Outdoor plans to separate its outdoor products and ammunition segments into two separate public companies, by spinning-off the outdoor business to shareholders in a distribution that will take place some time in calendar year 2023. In recent years, involvement in the shooting sports segment has cost VSTO sales in the outdoor specialty channel, with REI refusing to carry CamelBak, Bell and Giro products until VSTO divested its Savage hunting rifle business. VSTO competitor American Outdoor Brands made a similar decision in 2020, spinning its outdoor brands and renaming the gun business as Smith & Wesson.

Vista CEO Chris Metz will ... Log in to view full article.