Ammunition demand was already at record levels leading to shortages.
News & Analysis: Vista Outdoor
Shares of the outdoor recreation company gained on an analyst upgrade.
Record quarterly operating results led to strong free cash flow generation for the gun maker.
There doesn't appear to be any let up in demand.
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It will bring the historic Remington name into the portfolio alongside the market-leading Federal brand.
A purchase could provide the buyer with the additional capacity needed to satisfy the unprecedented firearms sales boom in 2020.
Quarterly earnings and guidance suggest the company's transformation plan is ahead of schedule.
Social unrest may make this ammunition maker's business more secure.
VSTO earnings call for the period ending March 31, 2020.