Vista Outdoors to sell ammo business

[saw2]

Vista Outdoor agrees to sell ammunition business in $1.91 billion deal

(BRAIN) — Vista Outdoor, which is planning on spinning off its outdoor sports business unit into a separate company this year, will sell off its shooting sports businesses first in a $1.91 billion deal with Czechoslovak Group a.s. ("CSG"). CSG is acquiring four factories and the consumer brands...

www.bicycleretailer.com

Just seen this on another site. Unbelievable, just one more step in the selling out of America.

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[Caveman Jim]

Not really, vista outdoors is a woke company. Now they're doing damage control like Dick's Sporting Goods, getting rid of all gun related business.
Let's get busy folks. Go woke go broke!!!

 

[street]

Here is the Vista press release on the subject.

 

[saw2]

CSG might be a good ammo company. I just dislike the amount of American companies being sold off to foreign businessmen.

 

[oremike]

Not really, vista outdoors is a woke company. Now they're doing damage control like Dick's Sporting Goods, getting rid of all gun related business.
Let's get busy folks. Go woke go broke!!!

I don't see any indication of this being true there Chicken Little.

 

[Yarome]

Fortunately, the only brand under their umbrella that I care about is CCI... and more fortunately... I have enough of that to last my lifetime a few times over. I won't support the continuing foreign take over and those brands are dead to me now.

Selling off another chunk of America stings in principle, but that's also going to open doors for some U.S. based up and coming mfg's to fill some gaps.... I would hope.

 

[Yarome]

I don't see any indication of this being true there Chicken Little.

Really?



They aren't big political contributors and fairly evenly mixed in previous years. A definite shift the past couple years though... it would appear(?) I don't know if that really indicates "woke", and I'm not at all familiar with their corporate culture and policies, but the recent trend is a little disconcerting.

 

[ma96782]

Well.....watch it.

VSTO = Vista Outdoor Inc.

Stock price (10-17-2023) is.......$24.43 a share.
So, today it's down $0.59 or 2.36%.

Want more info?

Vista Outdoor Stock Price Forecast. Should You Buy VSTO?

Check if VSTO Stock has a Buy or Sell Evaluation. VSTO Stock Price (NYSE), Forecast, Predictions, Stock Analysis and Vista Outdoor Inc News.

stockinvest.us

Do your own research and consider your own investment goals before investing. This is NOT a recommendation to BUY or SELL.

Aloha, Mark

 

[Alexx1401]

Really?

View attachment 1742472

They aren't big political contributors and fairly evenly mixed in previous years. A definite shift the past couple years though... it would appear(?) I don't know if that really indicates "woke", and I'm not at all familiar with their corporate culture and policies, but the recent trend is a little disconcerting.

That trend sure looks like someone in the top spot decided to go woke. Let them find out how well that works.

 

[Caveman Jim]

I don't see any indication of this being true there Chicken Little.

Vista lost hundreds of millions $ when REI boycotted them after the shooting in Florida in 2018.
Coincidence that they are selling off the brands that REI stopped ordering? I think not, money and opinions drive corporations actions nowadays.

 

[Yarome]

Vista lost hundreds of millions $ when REI boycotted them after the shooting in Florida in 2018.
Coincidence that they are selling off the brands that REI stopped ordering? I think not, money and opinions drive corporations actions nowadays.

What's this now? REI wouldn't carry their products because a shooter used one of their ammo brands?? I musta missed that one.

If true... that sounds to me like REI is the one that needs to go broke.

 

[Caveman Jim]

What's this now? REI wouldn't carry their products because a shooter used one of their ammo brands?? I musta missed that one.

If true... that sounds to me like REI is the one that needs to go broke.

REI boycotted Vista because they didn't make a statement for more gun control after that Florida shooting. Wokeism!!!

"I broke the news in a viral story when both REI and its Canadian counterpart MEC dropped the hydration company along with Blackburn, Camp Chef, Giro, and Bell, after the school shooting in Parkland, Florida."

Breaking Down the Vista Outdoor Boycott

REI and Vista brands kiss and make up, but what are the ripple effects of businesses balancing the books and morals?

www.outsideonline.com

 

[Alexx1401]

REI boycotted Vista because they didn't make a statement for more gun control after that Florida shooting. Wokeism!!!

"I broke the news in a viral story when both REI and its Canadian counterpart MEC dropped the hydration company along with Blackburn, Camp Chef, Giro, and Bell, after the school shooting in Parkland, Florida."

Breaking Down the Vista Outdoor Boycott

REI and Vista brands kiss and make up, but what are the ripple effects of businesses balancing the books and morals?

www.outsideonline.com

Well that makes sure I will not set foot in one of their stores here. They (REI) do have some nice stuff but, I will look elsewhere for anything they sell I may want. Thanks for passing that along Jim.

 

[Caveman Jim]

REI is the epitome of WOKE. Since 2018 I have not graced their doors. I only bought 2 pair of sun gloves before that, they were the only store that sold them locally.

 

[oremike]

LOL, I've been boycotting REI forever. They were much more interested in selling a membership to their socialist club than actually helping me find what I was looking for. Interesting again to me is they preach being all tree hugging environmentally friendly and the store in Eugene has a giant staircase made of out old growth logs and sell mostly made in China crap.

 

[Bobbygun]

I've been boycotting REI since before it was cool to do so - because of their extremely high prices. I went in one once and was appalled at what they were asking. That was probably over 30 years ago.

 

[saw2]

Yes CCI is my main issue too, especially the rimfire lines. As far as Vista being
woke or not IDK. This is going on in several places. I'm not sure if it's the whole state of Oregon but in my part Walmart now sells no ammo or guns. Right across the river in WA the Walmarts still sell guns and ammo.

Don't know who makes these decisions but someone made the call to stop selling in Walmarts in my part of the state.

 

[Mikej]

Well that makes sure I will not set foot in one of their stores here. They (REI) do have some nice stuff but, I will look elsewhere for anything they sell I may want. Thanks for passing that along Jim.

Don't they sell the same Made in Bangladesh stuff other cheaper places sell, for like 300% more? Only been in their stores a couple of times and was blown away that someone would buy a T-shirt for $75.00!

 

[The Heretic]

No mention of it, but I assume that CSG will probably keep the factories here in the USA. I guess we shall see.

I do care about CCI, Speer and Federal - they each make good ammo and CCI/Speer make good reloading components.

 

[ma96782]

Breaking Down the Vista Outdoor Boycott

REI and Vista brands kiss and make up, but what are the ripple effects of businesses balancing the books and morals?

www.outsideonline.com

Thanks for the link. I'm NOT a fan of REI. But my friends from Hawaii, like to go there, when they are visiting from Hawaii. I've sent them a link to the article.

Aloha, Mark