It's not just guns that people can't stop buying.
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News & Analysis: Vista Outdoor
VSTO earnings call for the period ending March 31, 2021.
The ammunition maker's stock dropped this week with President Joe Biden calling for more gun control in the wake of a mass shooting in Colorado. Does it make sense to buy the stock on the dip?
VSTO earnings call for the period ending December 27, 2020.
Ammunition demand was already at record levels leading to shortages.
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.