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BRIEF-Vista Outdoor Reports Q1 Results

BRIEF-Vista Outdoor Reports Q1 Results

Reuters · 07/27/2022 18:01
BRIEF-Vista Outdoor Reports Q1 Results

- Vista Outdoor Inc VSTO:

  • VISTA OUTDOOR REPORTS FIRST QUARTER FY23 FINANCIAL RESULTS

  • Q1 ADJUSTED EARNINGS PER SHARE $2.31

  • Q1 GAAP EARNINGS PER SHARE $2.16

  • Q1 SALES ROSE 21 PERCENT TO $803 MILLION

  • SEES FY SALES $3.3 BILLION

  • EXPECTS FY23 SALES OF $3.3 BILLION, UP 7% AT MIDPOINT, 20% EBIT MARGIN, AND 21% EBITDA MARGIN

  • TRACKING AHEAD OF PACE TO COMPLETE SPIN-OFF IN CALENDAR YEAR 2023

  • SEES Q3 EARNINGS PER SHARE (EPS) IN RANGE OF $6.90 TO $7.50 AND ADJUSTED EARNINGS PER SHARE (EPS) IN RANGE OF $7.05 TO $7.65

Source text for Eikon: ID:

Further company coverage: VSTO


((Reuters.Briefs@thomsonreuters.com;))