Vista Outdoor Inc. (NYSE:VSTO) Q3 2023 Earnings Conference Call February 2, 2023 9:00 AM ET

Company Participants

Tyler Lindwall - Vice President Corporate Development & Treasury & Interim Vice President, Investor Relations

Gary McArthur - Interim Chief Executive Officer

Jason Vanderbrink - President, Sporting Products

Andy Keegan - Vice President & Interim Chief Financial Officer

Conference Call Participants

Eric Wold - B. Riley Securities

Mark Smith - Lake Street

Anna Glaessgen - Jefferies

Matt Koranda - ROTH MKM

Ryan Sundby - William Blair

Operator

Hello, everyone, and welcome to the Q3 FY 2023 Vista Outdoor Earnings Conference Call. My name is Nadia and I'll be coordinating the call today. [Operator Instructions]

I will now hand over to your host Tyler Lindwall, Vice President Corporate Development and Treasury and Interim Vice President Investor Relations to begin. Tyler, please go ahead.

Tyler Lindwall

Thank you, operator, and good morning to everyone joining us for our third quarter fiscal year 2023 earnings call. With me this morning is Gary McArthur, Interim Chief Executive Officer; Jason Vanderbrink, President, Sporting Products; and Andy Keegan, Vice President and Interim Chief Financial Officer.

Before we begin, I'd like to remind everyone that during today's call, we will be making several forward-looking statements, and we make these statements under the safe harbor provisions of the Private Securities Litigation Reform Act. These forward-looking statements reflect our best estimates and assumptions based on our understanding of information known to us today. These forward-looking statements are subject to the risks and uncertainties that face Vista Outdoor and industries in which we operate. We encourage you to review today's press release and Vista Outdoor's SEC filings for more information on these risk factors and uncertainties.

Please also note that we have posted presentation materials on our website at investors.vistaoutdoor.com which supplement our comments this morning and include a reconciliation of non-GAAP financial measures.

Gary, I'll turn it over to you.

Gary McArthur

Thank you, Tyler. We appreciate all of you joining us this morning. Before we discuss our third quarter results, I would like to take a moment to address the CEO transition that we announced today. Chris Metz has agreed to resign as CEO and as a Director at the request of the Board and I have been appointed to serve as interim CEO effective immediately.

Chris' resignation was based on the Board's loss of confidence in his leadership for reasons not involving financial reporting or internal controls. On behalf of the entire Board, I appreciate Chris's many contributions to Vista Outdoor and wish him well in his next endeavor. We've entered into an agreement with Chris to ensure access to his institutional knowledge and I look forward to working with him to ensure a seamless transition.