Net income slipped lower by 2% in the fiscal first quarter ended June 30 to $57,120,000 from $58,100,000 on a consolidated basis, on 7% lower revenues of $644,181,000 against $693,333,000. With the near certainty that The Kinetic Group ammunition business and Revelyst outdoor segment will be separated in the near future, VSTO gave operational details about each. As for the ongoing bidding war between Czechoslovak Group and MNC Capital, the company only said it continues to engage with both parties to extract the best value for shareholders.

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