Vista Outdoor Inc. (NYSE:VSTO) Q1 2025 Earnings Conference Call August 6, 2024 9:00 AM ET

Company Participants

Tyler Lindwall - Vice President of Corporate Development, IR and FP&A
Eric Nyman - Co-Chief Executive Officer, Vista Outdoor; Chief Executive Officer, Revelyst
Jason Vanderbrink - Co-Chief Executive Officer, Vista Outdoor; Chief Executive Officer, The Kinetic Group
Andrew Keegan - Chief Financial Officer, Revelyst

Conference Call Participants

Anna Glaessgen - B. Riley
Matt Koranda - Roth Capital
Mark Smith - Lake Street Capital Markets
Jim Chartier - Monness, Crespi & Hardt

Operator

Hello, and welcome to the First Quarter Fiscal Year 2025 Vista Outdoor Earnings Conference Call. My name is Alex. I’ll be coordinating the call today. [Operator Instructions]

I’ll hand it over to your host, Tyler Lindwall, Vice President of Investor Relations. Please go ahead.

Tyler Lindwall

Thank you, operator, and good morning to everyone joining us for our first quarter fiscal year 2025 earnings call.

With me this morning are Eric Nyman, Co-CEO of Vista Outdoor and CEO, Revelyst; Jason Vanderbrink, Co-CEO Vista Outdoor and CEO, The Kinetic Group; and Andy Keegan, Chief Financial Officer, Vista Outdoor.

Before we begin, I’d like to remind everyone that during today’s call we will be making several forward-looking statements reflecting future events and their potential effect on our operating and financial performance. 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, and we are under no obligation to provide updates to these forward-looking statements. These forward-looking statements are subject to the risks and uncertainties that face Vista Outdoor and the industries in which we operate, and actual results may differ materially from these forward-looking statements. We encourage you to review our quarterly earnings press release and Vista Outdoor’s SEC filings for more information on these risks, 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 reconciliations of non-GAAP financial measures.

Eric, I’ll turn it over to you.

Eric Nyman

Thank you, Tyler. Good morning, everyone, and thank you all for joining us this morning as we discuss our first quarter fiscal year 2025 results.

Before I dive into the quarter, I wanted to first touch on the press release issued last week. Last week the Board issued a release noting that we have commenced a review of strategic alternatives and have adjourned the special meeting for the CSG transaction to September 13, 2024. The Board is committed to acting in the best interest of the company and its stockholders. The strategic review will be comprehensive and include the following: