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Article Date: February 2018
Word Count: 506

Vista Outdoor Shows Profit Gain against Loss in Q3


Net income was $53,743,000 compared to a loss of $377,659,000 last year for the period ended Dec. 31 with last year’s results including an impairment charge of $449,199,000 while this year’s included a $48,800,000 benefit related to tax reform. Sales declined 11% to $581,204,000 from $653,558,000. The outdoor products segment delivered a 1% increase in sales to $295 million against $293 million with gross profit of $74 million against $71 million while shooting sports sales declined 21% to $286 million from $361 million with gross profit dipping 47% to $52 million from $98 million.

 

VSTO pronounced itself pleased with the quarter, ... Log in to view full article.

 


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