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. Looking to 2025, Outdoor is pegged to see sales of $2.5-$3.0 billion over FY ‘22’s $1.3 billion, with an adjusted EBITDA margin in the range of 15%-20% compared to 16% in ’22. Sporting, the remaining ammunition segment, is expected to see the top line grow much more slowly to $1.8-$2.0 billion from its current $1.7 billion in sales, with EBITDA settling at ... Log in to view full article.