Vista Outdoor Reaffirms Its Annual Guidance To Double Standalone Revelyst EBITDA In FY25
Portfolio Pulse from Benzinga Newsdesk
Vista Outdoor reaffirms its annual guidance to double standalone Revelyst EBITDA in fiscal year 2025, with a clear path to achieve more than $100 million in run-rate cost savings by fiscal year 2027 and mid-teens EBITDA margins long-term.
July 08, 2024 | 11:23 am
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Vista Outdoor reaffirms its guidance to double standalone Revelyst EBITDA by FY25, targeting $100M in cost savings by FY27 and mid-teens EBITDA margins long-term.
Reaffirming guidance to double EBITDA and achieve significant cost savings is a positive signal for investors, likely boosting short-term stock prices.
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