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May 23, 2022 Vista Outdoor Details Spinoff and Growth Plans
Vista Outdoor laid out its path toward the planned 2023 spinoff of its outdoor brands from its shooting sports business announced earlier this month, setting three-year goals and identifying growth drivers for each during its 2022 Investor Day. Nautilus Says Red Ink Will Continue Through Next Year
The bottom line fell to a $18,214,000 loss against income of $30,404,000 on sales that were down 42% to $119,724,000 from $206,075,000 for the fiscal fourth quarter ended Mar. 31, as a tough comparison against last year met falling at-home fitness demand. Varsity Brands Upgraded by S&P Global
The ratings agency said that the upgrade to B- from CCC+ was justified by improving results after pandemic effects on sports receded, at the Bain Capital-owned parent of BSN Sports and Varsity Spirit. Cotopaxi Names Damien Huang as President
After an extensive search, the outdoor gear brand tapped Damien Huang as president to help drive strategy, operations, and execution, reporting to founder and CEO, Davis Smith. Wilson Combat Acquires New Ultralight Arms
The AR-based firearms maker has acquired the assets of 37-year-old New Ultralight Arms from Melvin Forbes, for undisclosed terms. Etcetera: EBay, Five Iron Golf, Atomic
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