Vista Outdoor Inc. reported earnings results for the third quarter and nine months ended December 24, 2023. For the third quarter, the company reported sales was USD 682.25 million compared to USD 754.78 million a year ago. Net loss was USD 148.2 million compared to net income of USD 65.15 million a year ago. Basic loss per share from continuing operations was USD 2.55 compared to basic earnings per share from continuing operations of USD 1.15 a year ago. Diluted loss per share from continuing operations was USD 2.55 compared to diluted earnings per share from continuing operations of USD 1.13 a year ago.
For the nine months, sales was USD 2,052.39 million compared to USD 2,339.07 million a year ago. Net loss was USD 45.67 million compared to net income of USD 284.62 million a year ago. Basic loss per share from continuing operations was USD 0.79 compared to basic earnings per share from continuing operations of USD 5.03 a year ago. Diluted loss per share from continuing operations was USD 0.79 compared to diluted earnings per share from continuing operations of USD 4.91 a year ago.