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4-Traders Homepage  >  Equities  >  Nyse  >  Vista Outdoor Inc    VSTO

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Vista Outdoor : Proven Gold Medal Rifle Ammunition Delivers Out-Of-The-Box Accuracy for Precision Rifle Competitors

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08/09/2017 | 11:25pm CEST

ANOKA, Minnesota - Federal Premium Gold Medal rifle ammunition has a decades-long track record for reliable and consistent accuracy straight out of the box. Precision Rifle Series participants and other competitive shooters continue to rely on these factory loads to win.

Recently, Federal Premium brand ambassador Patrick E. Kelley used an out-of-the-box Savage MSR 10 fueled with factory-loaded Gold Medal 308 Win. 175-grain Sierra MatchKing (GM308M2) to finish 10 overall at the MGM Targets Ironman Long Range Challenge, held July 8 and 9 in Parma, Idaho. Kelley also took 2 place in the event's Tactical Heavy Division, part of the Precision Rifle Series (PRS) Gas Gun Points Competitions.

'Kelley came to the event as a first-time competitor in this type of match, equipped with a factory-built Savage and Federal Premium ammunition-no custom rifle or special handloads,' said Federal Premium Centerfire Rifle Ammunition Product Line Manager Justin Johnson. 'To finish so well with factory equipment is unheard of. His ability to use equipment any person can get right off the shelves of a local gun shop is a true testament to our products.'

Gold Medal rifle loads provide the best primer sensitivity and most consistent ballistics in the industry. The precision-built Sierra MatchKing bullet's boat-tail hollow-point design provides the extra margin of performance shooters need, and its uniform match jacket ensures consistent, long-range accuracy. The loads also tout Federal brass, specially formulated propellant and benchrest-quality Gold Medal primers.

'With this being my very first venture into to the PRS scene, it was especially important to assemble the best equipment I could. Federal Premium's Gold Medal was the foundation for the assembly,' said Kelley. 'It allowed me to hit steel targets from 16 yards to over 750 yards away, from some very challenging positions.

'Going into this match as a 3-gun competition shooter with next to no experience at long range, nor Precision Rifle Series events, I knew my equipment had to perform,' continued Kelley. 'Federal Premium proved to be exactly what I needed to finish strong, and it is what I will continue to rely on.'

Federal Premium is a brand of Vista Outdoor Inc., an outdoor sports and recreation company. For more information on Federal Premium, go to www.federalpremium.com.

About Vista Outdoor

Vista Outdoor is a leading global designer, manufacturer and marketer of consumer products in the growing outdoor sports and recreation markets. The company operates in two segments, Shooting Sports and Outdoor Products, and has a portfolio of well-recognized brands that provides consumers with a wide range of performance-driven, high-quality and innovative products for individual outdoor recreational pursuits. Vista Outdoor products are sold at leading retailers and distributors across North America and worldwide. Vista Outdoor is headquartered in Utah and has manufacturing operations and facilities in 13 U.S. States, Canada, Mexico and Puerto Rico along with international customer service, sales and sourcing operations in Asia, Australia, Canada, and Europe. For news and information, visit www.vistaoutdoor.com or follow us on Twitter @VistaOutdoorInc and Facebook at www.facebook.com/vistaoutdoor.

For further information: JJ Reich, Communications Manager, Firearms and Ammunition, Phone: (763) 323-3862, E-mail: pressroom@vistaoutdoor.com

Vista Outdoor Inc. published this content on 08 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 August 2017 21:24:02 UTC.

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Financials ($)
Sales 2018 2 401 M
EBIT 2018 164 M
Net income 2018 71,1 M
Debt 2018 894 M
Yield 2018 -
P/E ratio 2018 19,08
P/E ratio 2019 14,46
EV / Sales 2018 0,94x
EV / Sales 2019 0,87x
Capitalization 1 369 M
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Vista Outdoor Inc Technical Analysis Chart | VSTO | US9283771007 | 4-Traders
Technical analysis trends VISTA OUTDOOR INC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 24,3 $
Spread / Average Target 1,4%
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Managers
NameTitle
Michael Callahan Chairman & Chief Executive Officer
Stephen M. Nolan Chief Financial Officer & Senior Vice President
April Hoxie Foley Independent Director
Tig H. Krekel Independent Director
Mark A. Gottfredson Independent Director
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