More gun sales have led to higher ammunition sales, boosting the company's bottom line.
News & Analysis: Vista Outdoor
VSTO earnings call for the period ending December 31, 2019.
Strong results help validate the company's transformation efforts.
The outdoor gear and equipment company has seen substantial weakness in its legacy businesses.
But the outdoor recreational gear company is getting by on cost cutting, as it's still confronted with declining sales.
VSTO earnings call for the period ending September 30, 2019.
The recent quarter wasn't great, but was better than analysts had feared.
The outdoor recreation equipment maker may have sold its firearms business, but the industry still holds lots of sway over its results.
The retailer represents around 20% of the U.S. ammunition market.
VSTO earnings call for the period ending June 30, 2019.