Vista Outdoor Reports Record Fourth Quarter and Fiscal Year 2021 Operating Results

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Go back to Vista Outdoor Reports Record Fourth Quarter and Fiscal Year 2021 Operating Results

Vista Outdoor (VSTO) Tops Q4 EPS by 38c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus

May 6, 2021 5:46 AM EDT

Vista Outdoor (NYSE: VSTO) reported Q4 EPS of $1.03, $0.38 better than the analyst estimate of $0.65. Revenue for the quarter came in at $597 million versus the consensus estimate of $532.78 million.

Fourth Quarter ended March 31, 2021

Sales increased 40 percent to $597 million, compared with the prior year quarter, driven by strong demand across both Outdoor Products and Shooting Sports segments. Gross profit increased to $182 million, compared with $85 million in the prior year quarter. Gross margin increased more than 1,000 bps compared with the prior year quarter, driven by volume, favorable pricing and mix, operating leverage, and strong growth... More