Forbes Names Vista Outdoor as one of America s Best Midsize Employers for 2021
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ANOKA, Minn., Feb. 9, 2021 /PRNewswire/ Vista Outdoor Inc. (NYSE: VSTO) a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, was named as one of America s Best Midsize Employers on Forbes 2021 list of America s Best Employers.
Forbes list of America s Best Employers was formed from an independent survey of 38,000 Americans working for companies with at least 1,000 people working in U.S. locations. Each year, Forbes partners with a world-leading provider of rankings and large-scale polling to measure leading employers in the country. Combined, the process includes anonymous employee polls and review of other publicly available material and workplace metrics. According to Forbes, the midsize companies included on the 2021 list have risen to the occasion in the wake of the global pandemi
Company Overview
Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company organizes itself into two segments: shooting sports and outdoor products. Shooting sports, which contributes the largest proportion of company revenue, includes ammunition, long guns, and related equipment under brands such as Federal Premium, Blackhawk, and Hoppe s. Outdoor products include archery and hunting accessories, eyewear, golf products, hydration products, and stand-up paddle boards under brands including CamelBak and Bushnell. The company derives the vast majority of revenue domestically.
Vista Outdoor Announces Record FY21 Third Quarter Operating Results
Total Sales Increase 35%; Shooting Sports Sales Up 41%; Outdoor Products Sales Up 24%
Delivers Strong Free Cash Flow and Profitability; Leverage Ratio Improves to 0.9x
Announces Acquisition of Hevi-Shot Ammunition
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ANOKA, Minn., Feb. 4, 2021 /PRNewswire/ Vista Outdoor Inc. (NYSE: VSTO), a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, today reported operating results for the third quarter of its Fiscal Year 2021 (FY21), which ended on December 27, 2020. Continued strength in outdoor recreation markets, combined with our ongoing focus on execution excellence, resulted in strong top and bottom-line growth across the entire company, said Vista Outdoor Chief Executive Officer Chris Metz. Strong outdoor participation trends that began in the early days of COVID lockdowns have continued into ca
Operator
Good day and welcome to the Vista Outdoor Inc. Third Quarter Fiscal Year 2021 Earnings Call. [Operator Instructions]
At this time, I would like to turn the call over to Kelly Reisdorf. Please go ahead.
Kelly Reisdorf
Vice President, Chief Communications and Investor Relations Officer
Good morning, and thank you for joining us for our third quarter fiscal year 2021 earnings call. With me this morning is Chris Metz, Vista Outdoor s Chief Executive Officer; and Sudhanshu Priyadarshi, Senior Vice President and Chief Financial Officer and Jason Vanderbrink, President of Ammunition.
Before we begin, I d like to remind everyone that during today s call, we will be making several forward-looking statements, and we make these statements under the safe harbor provisions of the Private Securities Litigation Reform Act. These forward-looking statements reflect our best estimates and assumptions based on our understanding of information known to us today. These forward-looking s
/PRNewswire/ Vista Outdoor Inc. ("Vista Outdoor") (NYSE: VSTO) will host its investor conference call on third quarter fiscal year 2021 financial results on.