Guns, ammo lumped with hospitals, greeting cards in U.S. fund filings
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Vista Outdoor (VSTO) Tops Q2 EPS by 7c, Miss on Revenues; Offers FY18 EPS/Revenues Guidance Below Consensus
November 9, 2017 6:59 AM ESTVista Outdoor (NYSE: VSTO) reported Q2 EPS of $0.34, $0.07 better than the analyst estimate of $0.27. Revenue for the quarter came in at $587 million versus the consensus estimate of $589.98 million.
Outlook for Fiscal Year 2018
"During the quarter we recorded an impairment of intangible assets of $152 million in our Outdoor Products segment, with $75 million related to our Sports Protection business and $77 million related to our Hunting and Shooting Accessories business," said Nolan. "The impairment was triggered by increased downward... More
