Vista Outdoor, Inc. (NYSE:VSTO) Q4 2022 Earnings Conference Call May 5, 2022 9:00 AM ET
Company Participants
Shelly Hubbard - VP, IR
Christopher Metz - CEO & Director
Sudhanshu Priyadarshi - SVP & CFO
Jason Vanderbrink - President, Sporting Products
Conference Call Participants
Ryan Sundby - William Blair & Company
Eric Wold - B. Riley Securities, Inc.
Matthew Koranda - ROTH Capital Partners
Mark Smith - Lake Street Capital Markets
James Chartier - Monness, Crespi, Hardt & Co.
Operator
Ladies and gentlemen, welcome to the Full Year 2022 Fourth Quarter Vista Outdoor Earnings Conference Call. [Operator Instructions]. I shall now hand over to the management team to begin.
Shelly Hubbard
Thank you, operator, and good morning to everyone joining us for our fourth quarter fiscal year 2022 earnings call. With me this morning is Chris Metz, Vista Outdoor Chief Executive Officer; Sudhanshu Priyadarshi, Senior Vice President and Chief Financial Officer; and Jason Vanderbrink, President of Sporting Products.
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 provision of the Private Securities Litigation Reform Act. These forward-looking statements reflect our best estimates and assumptions based on our understanding which 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 the 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 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.
Before I turn it over to Chris, I would like to invite you to join us on May 23 for our Investor Day, which will feature Chris Metz, CEO; Sudhanshu Priyadarshi, CFO; and other key business leaders. This event will be webcast live on our website at investors.vistaoutdoor.com under Events. More details will follow.
Chris, I'll turn it over to you.
Christopher Metz
Thank you, Shelly, and good morning, everyone. We appreciate you joining us this morning. Before I discuss our FY '22 financial results, I want to provide some additional comments on our other press release. Today, we announced a very important strategic step for the company that we believe will unlock significant value for our shareholders and other stakeholders. After a very thorough assessment of our business and value creation opportunities with the help of outside advisers, Vista Outdoor's Board has approved a plan to separate our Outdoor Products and sporting product segments into 2 separate and independent publicly traded companies. Today's announcement is just the first step in the separation process, which we expect to complete in calendar year 2023. I'll spend a few minutes discussing the details of the separation along with the many compelling benefits that motivated our decision.