VISTA OUTDOOR Reports Third Quarter Fiscal Year 2023 Earnings Results on February 2nd, 2023
March 19, 2023
Earnings Overview
On February 2, 2023, VISTA OUTDOOR ($BER:5VO) announced their earnings results for the third quarter of the fiscal year 2023 (ending December 31, 2022). Total revenue for the quarter was USD 65.2 million, down 44.9% year-over-year, while net income was USD 754.8 million, a decrease of 5.0% compared to the same quarter in the previous year.
Stock Price
The stock opened at €27.2 and closed at €26.5, down 3.2% from its previous closing price of €27.4. VISTA OUTDOOR has been making steady progress in improving its performance, and these financial results reaffirm their commitment to creating value for their shareholders. Investors should keep a close eye on the company’s performance in the coming quarters, as it will provide a better insight into their long-term prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Vista Outdoor. More…
| Total Revenues | Net Income | Net Margin |
| 3.15k | 397.44 | 12.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Vista Outdoor. More…
| Operations | Investing | Financing |
| 406.36 | -821.5 | 453.23 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Vista Outdoor. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.33k | 1.91k | 25.11 |
Key Ratios Snapshot
Some of the financial key ratios for Vista Outdoor are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.5% | 180.4% | 17.6% |
| FCF Margin | ROE | ROA |
| 11.5% | 25.0% | 10.4% |
Analysis
At GoodWhale, we have analyzed VISTA OUTDOOR and determined that according to our Risk Rating, it is a high risk investment in terms of financial and business aspects. After closely examining their income sheet, balance sheet, cashflow statement and financial journal, we have detected four risk warnings. We encourage you to register on goodwhale.com to get more information about why VISTA OUTDOOR is considered a high-risk investment. We provide in-depth analysis of companies and their financials so that you can make the best decision for your investments. More…
Summary
Investors in VISTA OUTDOOR should be aware that the company reported a 44.9% decrease in total revenue for the third quarter of 2023 compared to the same period in the previous year.
Additionally, net income decreased by 5.0% year-over-year. As a result, the company’s stock price moved down the same day. This could indicate a relatively weak performance and raise concerns among investors. Moving forward, investors should closely monitor the company’s financial performance and its stock price movements to determine if VISTA OUTDOOR can rebound from this dip and regain investor confidence.
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