Vista Outdoor has acquired Montana-based hunting gear manufacturer Stone Glacier.
The acquisition allows Vista Outdoor to expand its footprint in the camping equipment and technical apparel categories.
Over the past year, Vista Outdoor has made a series of major acquisitions.
- In February, it completed its acquisition of Hevi-Shot, adding to its ammunition portfolio.
- It acquired e-bike maker QuietKat and female-focused hunting apparel brand Venor in May.
- In September, it closed its purchase of Foresight Sports for $474 million.
- Last month, it acquired Fiber Energy Products to supplement its Camp Chef cooking brand.
Strong Start
Vista Outdoor posted $778 million in sales for fiscal Q2 2022, a 35% increase compared to the same period last year.
The results were driven by the company’s Shooting Sports segment, which generated $556 million in sales, a 49% increase year-over-year.
Vista Outdoor expects full-year sales to fall between $2.9 billion and $2.95 billion, up from $2.2 billion in sales for FY2021.
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