At least they're keeping their ammo business.
I almost bought some VSTO earlier this year but I preferred a dividend-paying stock of which they are not, now I'm glad I didn't. Whether "business decision" or caving to anti-gun pressure their stock has taken a hit.
I almost bought some VSTO earlier this year but I preferred a dividend-paying stock of which they are not, now I'm glad I didn't. Whether "business decision" or caving to anti-gun pressure their stock has taken a hit.
http://onlygunsandmoney.blogspot.com/2018/05/vista-outdoor-ditching-guns-in.htmlVista Outdoor announced plans today to sell off its Savage and Stevens line of firearms along with stuff like bike helmets and paddle boards. According to the announcement on their website, they are engaging in a strategic business transformation plan to emphasize products core to business. This will include their ammunition business which is their largest core business.