Red days when the rest of the market is up are frustrating. Keep in mind that VSTO is simply in a holding pattern before earnings. There were some mixed results from some similar businesses and investors (including myself) want to see not only sustained but growing earnings.
I have little doubt, hence, why I'm holding strong. But if you have doubts, ask yourself two questions: 1) VSTO has beat the last four quarters - what has changed this quarter to result in less than $1/share? All those guns need ammo and the outdoor lifestyle is still booming. 2) Do you think the Board would have approved $100M in buybacks if they didn't think we were financially stable and absolutely convinced this share price in undervalued?
I'm actually expecting Giro/Bell, Camelbak, Bushnell and our other outdoor stuff to be as strong as Federal and Remington. American Outdoors, Olin, Smith & Wesson and the rest of the 2A stocks don't have our diversity.
F
Since we are a week away from earning why don't we do our best imitation of Nostradamus and try and guess adjusted earnings ...
Here is my breakdown... guess....
Base $1.02 Remington Add $0.06 Stock Buyback $0.02 Quickie Kat $0.01 Loan refinance $0.03
Total $ 1.13
Minus unknown costs ... $0.03
Earnings $ 1.10
a
Still needs more volume. Looks like at about 1/3rd normal, which isnt good for being a green day.
J
why are people expecting VSTO to have a good earnings when American Outdoor Brands had an awful earnings report?
w
Another great day to buy $$$ VSTO, accumulate, accumulate, accumulate at all costs...before earnings release and HR-5717---This stock is GOLDEN!
J
E-bikes are in line to get a tax credit. Per QuietKat this would cover up to 30% of the cost of the bike. Could be a big boost for QuietKat and Vista. Vista capital can help quietKat gear up for some rapid growth
R
I was at the sporting good store yesterday and I asked how business was and the lady behind the counter said that on Saturday when everyone got their advance child tax credit checks they all rushed in to buy guns and ammo …that’s gonna happen every month for the next six months!!!!!
J
Wondering if the budget reconciliation package is going to have a tax on ammunition and guns? If so there is no question this info would be leaked to the political donors
w
Another great day to buy $$$ VSTO, accumulate, accumulate, accumulate at all costs...before earnings release---This stock is GOLDEN!
F
Federal and HEVI Shot sighting...
I checked the local Cabela's this morning and found they had Federal and HEVI Shot in stock .
estimates
HEVI Metal Long Range 12 ga 3.5 inch, 2 shot 75 boxes $ 37.00 HEVI Shot Hevi Steel 12 ga 3.5 inch 3 shot 68 boxes $ 27.00
Federal 2.75 inch slugs 80 boxes $ 10.00 Federal Power Shock 308 150 gr 30 boxes $ 26.00
There was also a few boxes Federal Field Loads and a few boxes of Remington shot shells and slugs .
I plan on stopping by mid week and checking on inventory .
The Duck guys were picking up the HEVI Shot at a good clip .
T
Ammo here in Nebraska is almost non existent. You have to be lucky to stop at the right day. I don't have a Cabela's close by. These are local sporting goods stores and farm supply chains. No hunting caliber ammo at all. That supply is going to be very tight with hunting season almost upon us.
N
Sorry guys, ever since I bought in at 43, it has never stopped dipping....
a
AOUT earnings tonight. Curious to see how it goes, and how the stock responds.
J
Earnings out July 29, a week earlier than expected. I like it
T
I thought i would share with everyone that i went to Cabela's in Pennsylvania over the weekend. I went right to guns and ammo and i saw shot gun, .223, .357, there may have been others but you couldn't look with out bumping into people. There were plenty of guns hand and rifle of all kinds and a line of people looking at them. The ammo had a sign that said 5 boxes only per person. Not all of the shelves were full of ammo, i would about 70% of shelves had ammo and they were not full either. There was an employee stocking the shelves and he would put a row of boxes right at the front of a shelf and there was nothing behind that row. So the shelves that had ammo were not full. Half of the ammo that i saw had the Federal name on it the rest was Hornandy, Winchester, Remington, and some other names i don't know. I did see some boxes of Federal ammo say using Hornandy bullets. I bumped into people and they bumped into me very crowded. I hope this helps forgive my spelling.
T
There is a video on You Tube under the heading: Interview: Remington Ammunition. It looks like it came out today 7/14/21. I think it's positive and sounds like Remington is making ammo.
b
Seeking Alpha is outa touch. Being from Texas you cant find ammo on the shelves less you get in early and the day academy sports receives their ammo.When there is ammo,its one small cart behind the counter.RV's,lots are empty. The next 4 years with this current administration is all about guns,ammo,RV's,campin. Let alone record hunting liscenses issued. Texas September 1st 8 new gun laws go unto effect including silencers ,constitutional carry for everyone over 21 no training required. Temporary stock rise???? Seeking Alpha outa touch!!!!!
N
What's with the dip???
m
looks like correction finished. new uptread off 50 day MA. earnings soon as long as they don't sound to pessimistic we should be 50s next quarter
a
Don't see what could potentially move this higher until earnings in a month. Anything coming up in July?
I have little doubt, hence, why I'm holding strong. But if you have doubts, ask yourself two questions:
1) VSTO has beat the last four quarters - what has changed this quarter to result in less than $1/share? All those guns need ammo and the outdoor lifestyle is still booming.
2) Do you think the Board would have approved $100M in buybacks if they didn't think we were financially stable and absolutely convinced this share price in undervalued?
I'm actually expecting Giro/Bell, Camelbak, Bushnell and our other outdoor stuff to be as strong as Federal and Remington. American Outdoors, Olin, Smith & Wesson and the rest of the 2A stocks don't have our diversity.
Here is my breakdown... guess....
Base $1.02
Remington Add $0.06
Stock Buyback $0.02
Quickie Kat $0.01
Loan refinance $0.03
Total $ 1.13
Minus unknown costs ... $0.03
Earnings $ 1.10
I checked the local Cabela's this morning and found they had Federal and HEVI Shot in stock .
estimates
HEVI Metal Long Range 12 ga 3.5 inch, 2 shot 75 boxes $ 37.00
HEVI Shot Hevi Steel 12 ga 3.5 inch 3 shot 68 boxes $ 27.00
Federal 2.75 inch slugs 80 boxes $ 10.00
Federal Power Shock 308 150 gr 30 boxes $ 26.00
There was also a few boxes Federal Field Loads and a few boxes of Remington shot shells and slugs .
I plan on stopping by mid week and checking on inventory .
The Duck guys were picking up the HEVI Shot at a good clip .