Thank joining us appreciate you, morning, you and morning. Shelly, We this good everyone.
XXXX. separate announcement decision. in we After 'XX significant motivated additional value many I very for spend details separation just compelling a outside our advisers, separation press our unlock minutes financial sporting traded very our of the to Products Today's value and provide step the first help assessment product that want a for stakeholders. creation some thorough the business year complete of to which strategic few with I'll plan a and separate with important Vista is and has Board benefits Before along the discuss Outdoor our process, Today, we I to calendar we companies. opportunities the that and comments will segments believe publicly FY other X our Outdoor's discussing in independent expect step of the into a on approved results, release. announced the our other company shareholders
Our Giro, our date. Jason be Sporting billion Foresight Outdoor manufacturer Outdoor were in be leadership Priyadarshi will to were a Bell, Bushnell, be leading will Products HEVI-Shot. of the date, at announced will brands Vanderbrink, Products, Chief 'XX. iconic world's Executive our will Sporting other Sales Products platform an of include brands, Federal, Remington, Camp team Bushnell CamelBak, segment continue be Officer; to billion business later renamed Executive date Its at Sporting FY $X.X Stone Sudhanshu renamed the CCI, a appointed at a Chief be Products leadership lead of later FY Products for in and date. Outdoor for Chef, Speer of segment segment will iconic will of Glacier their later I including Financial team ammunition. Chief 'XX. be Sales serve as and products, later also the announced will and Golf, to Officer, a as Other industry-leading $X.X President at members members Sports, and outdoor QuietKat. Outdoor Officer. Products diversified be
Outdoor on million This and $XX executing a Products doing has on price significant In has results. brands years, foundation $X.XX Over has strong to made and past appreciated from more we adjusted succeed and built to leading to to we've business. this? $XX. million, support of their $XXX incredible grow while million are and the become the Sporting portfolio profitable why So value-creation few companies. EPS Products and progress our specific of sales our strategy for nimbler share strategy a billion, adjusted we to focus from drivers. approximately have billion years, a $X.XX a net to EBITDA over resources from in FY company delivered net separate grown growth income and strategic loss $X.X from $XXX in fiscal from $XXX have operational own tremendous 'XX, FY 'XX to income and single few a with past our distinct Each to a independent as unlock needs will further value $X
track growth marketing Additionally, be each support business Products record are complementary tailored choice and the development, allocation sales. its furthering a and reputation its outdoor priorities products suited e-commerce have acquirer high-growth reinvesting Outdoor international the company and outdoor that businesses, will platform to goals. will better in through model organic as distinctive of acquisitions capital and long-term of continuing discrete product its expanded proven strategic new and in recreation marketplace of
opportunistic its will excellence flow enabling the Sporting share scale Products the will repurchases. with invest opportunity strong Separating dividend X and the has return the of through prioritize shareholders provide continue its businesses to capital platform Together business, to Meanwhile, in concept Products attractive cash businesses effective consistent to with remain that so to will centers differentiated Our Better and Outdoor policy to priorities. for been a leverage us. capital allocation using shareholders
with working so strategic We both to resources each ensure to in teams through each continue will this allow can expect company enhanced valuations for they create appropriate focus right businesses marketplace. and look the at more the shareholders. is We for forward value that transformative that to optimized the trade to process
you We completing we the towards will transaction. structure each as work share more the details company of regarding with
year-over-year million, at EBITDA FY continue record of In XX.X our posted We billion, financial And the results. adjusted double adjusted margins rising marking sales turn segments expand, Vista quarter $X with grew let's reaching coupled of with we sales Now year completed $X.XX. with XX% digits. reportable and of consecutive over margins strong record XX.X. both fourth $X 'XX, topping quarter to record and another to seventh EPS results. of $XXX record EPS of
tremendous ratio to Furthermore, debt X.Xx, metrics than invested we also discussed exceed target X our targets I a and to over X% efforts acquisitions, and this profitability. our committed performance. year's was outstanding of X the walked repurchased long-term last our growth the We organic lower and Investor testament are results we Day. the leverage record ago, growth, lot of company Fast in shares years return these forward to there to outstanding just have When today to to in Xx. stated teams. our of These done year maintained a in our X completed and door be to a completed of second of
brands seeing time of now and of We outdoor legacy not the overnight. delivered shareholders in new, have underlying they value put and XX the a to brands, fiscal into outdoor in this consumer recreation. another demonstrate to to position has enhances high. regardless maturity positioned of model decisions for both participation The the are highly levels team Vista coveted and capture effort operating of growth made tough we growth fall strong year the best and momentum profitable get created and lifestyle in We like greater to well shifts with portfolio XX 'XX diversified by beyond each Outdoor curve. translate million in in Our their added our intend as X portfolio in Products results growth remain power deliver businesses, and are leaders brands We're with revenues Leading FY do that new this going which in brands Sporting demand remains Outdoor In $XXX exceeding forward. respective where we of our and performance spaces. potential X strong of Products. 'XX, with X and brands
As many of you the serves know, past future for as performance performance. many times, best indicator
store over we've reflect like would bit to I a accomplished this for year. you give to what what's fiscal a such, in the of on coming XX months As past glimpse
foundation years long-term for to Our value-creation has allow come. success shareholders for the strategy companies for will of built future that to their them a deliver value both
post Each is pillar leaders results will to Our right by team led of to And all the separation. build conditions. first to as experienced at Those win continue how Vista who Products strategic team Sporting for well as speak Products our business units market operators a and deliver know right the in was Outdoor now culture. of again, Outdoor for the themselves.
growth. and has past Outdoor you e-commerce. years Products for grown am investments business in entire growing our one, pleased successful over strategic areas: been with over share Products been to made second pillar XX%. over brands pay our We've three, on by Sporting to months, Our X I the we've product marketing; organic The years two, organically by dividends focusing in the XX continue and we to have these that for innovation; areas will come.
excellence, has months. strategy these building of been of and centers chain on been our returns notable pillar past achievements on M&A. our over e-commerce, few focusing substantial. the A The investments supply value have third XX The creation
over year-over-year, followers. X direct-to-consumer business center e-comm social helped Our our followers to grow and XX% our of grew by excellence million
COVID Our faced headwinds rallied through our and logistics the supply by challenges general businesses help excellence by center chain the all of to companies. created
less We container both regions centers and to the Coast than few increased shipments to imported a at ago. multi-brand have customers. acquisition months and total distribution times despite Central competitive and Here added new tripled secure are XX% by since ports And West world the XX volume costs. QuietKat lead South in capacity around expand the to capacity our we number reduce We e-bikes Vista of X leveraging examples. bottlenecks
base and businesses of identify all diligence, X XX them close past and M&A exceeded complete in our fully to due projections. excellence new Our enabled us months, integrate have of center the
and category. category, deal standard dealmaker as In gold the fact, transaction brand the acquisition consumer oldest top the acquisitions, the the of middle community in finding goods this recognized mergers Foresight for be to trade the Sports in our market
investments, of believe success to of Outdoor better the Products the we Given these will post that Centers positioned separation. business of support be focus our the Excellence
of Products be shown of to continue real businesses. As our greatness to that to a our enable unattainable and them each brands as will and excellence would year, stated have stand-alone previously Outdoor centers we create competitive achieve advantage have levels
creation maintaining sheet capital flow cash flexibility value our for balance our to strategy the strength financial creation. balanced generating necessary provide has deployment, value and been Lastly,
as dramatically to X%, Outdoor in we powder to Products Sporting shares with a our X sheet resulted over businesses X.Xx time EBITDA. 'XX separation, will million And have outstanding will all Products our Sporting deployment prioritize proposition begin for acquisitions of as Products Products improved to to of creating balance success and capital more independent allocation a Post will alone, allocation stronger shares, each allowing pursue date reducing and that companies, our philosophy revenue critical while balance balanced $XXX and independent tailored segments to our of million grow. and companies successful forward focus contributed In growth capital bought value their believe ample larger, a returning have shareholders. to will by Outdoor each continue on its efforts Our We shareholders. their be leverage, while million shareholder sheet. capital drive sheets FY with their profitable going because back balance we've and in $XXX strategy. our value dry long-term capital to
We that overhead. to process cause modest minimal business disruption our separation units the corporate and in will create dissynergies expect only
of Products segments. let's Sporting FY Now to Outdoor of move the and 'XX our on some Products accomplishments
Outdoor first Outdoor a $XXX record a driven rose Products Accessories. billion $X.X in for year-over-year Looking double-digit Sports year Products fiscal in increased and sales at the segment. million in to Action and by to Outdoor Outdoor Outdoor record Recreation, Products QX, growth XX% Sales XX%
Our double digits, its the straight driven history over CamelBak product a year overall company and fifth XX% also in XX%, QX sales by CamelBak, year strong represent brand's mark best line. climb and over across now up CamelBak's over of last were demand hydration quarter up brand, quarter. revenue. pack the double-digit ended International drinkware sales fourth CamelBak's of and its XX% posting sales record growth saw marking while
to its mountain line expanded into Portugal. urban tap Bell e-bikes. growing sales Giro's out flat the year-over-year. releases sports with the in manufacturing brands, major footprint finished action delivered new likewise, in and year FY including QX. bike and bikes, sales riding helmet business Bell X Giro Giro, Our pedal record trends, 'XX In and growth strong + We're Giro's expanding rolled and shoe U.S.
brand to e-bike products launched these a to help initiative chain year affinity. globe. QuietKat, Giro we of which get has In substantially in We supply the and sales. doubled major first carbon its ease the expect ownership fueling faster reduce will + issues Like around brand, customers sustainability CamelBak, the Bell quarter, footprint, new of our awareness facilities and
purchase our just channel in will gaining by stores QuietKat major Lowe's, able fiscal in a to entry where win Additionally, and into QX. QX in customers achieved online recently be e-bikes starting
to a Camp nearly Chef second XXX,XXX its became For our Helping cooking marked TikTok Chef, its outdoor Camp performance, XX-year first in best March drive year. this its growing brand, in sensation, followers history. month its
golf thrive product introductions quarter, surging Our by trends. to Golf new fourth strong and businesses continued in the driven
played been This Over XXXX. golfers the than major XXXX by course the stronger Run Tiger's over there on who is which X two last past time. a sparked million was XX% in for years, first growth the have surge, and
and exceeded chip supply that Sports Foresight our challenges, remain revenue confident in our again growth supply impacted chip bottom need were global we what the market. chain sales but in that We expectations meet somewhat fact will of line in despite constraints continued our terms plans. the anticipate by procure to chain team QX
product Golf, monitor Launch branded Foresight monitor, at consumer Pro enables category Sports, retailers. and market launch personal can't available The Bushnell into while Pro, major has by so For lower keep the it is Bushnell's price powered is The with Launch which a stock. the launch entry creating golf now we that point revenue. service, an in been penetration at exclusive popular drives recurring expansion also subscription which coupled
includes Our in XXth business anniversary QX, digits outdoor hunting unit, which the a grew a campaign category that now laser Bushnell in single March, up of and Stone eighth its range created. which marketing finder, wrapped quarter low accessories brands, in marking year-over-year for consecutive growth hunting XX-month our Glacier its
to Products compared year-over-year. prior Now and the another let's segment. different segment This record demonstrates today consumer up a $XXX Sporting Products is for in ammo and point to XX% Sporting $X.X sustained to fiscal move how is on XX% data were respectively, with surges. up new QX 'XX, million for that success billion the Sales
We have even and have seen as indicators slowed. demand steady ammunition for firearm continued
as example, of over of the we a fiscal backlog For year-end, billion. had $X
which related As are a before, ammo, traditional we've said firearms indicators with consumable. and is necessarily not correlated
for less surge Lake those produced ingredient seeing Ammunition are first-time as to into Lake always a strategic inventories we new example, our hunting, are current firearms to calibers, are participation demand. Purposely, stable acquisition a ammunition Plant. Channel users remain in like in due product and and sustained on from Primers, apart reliant the at profitable. Army such owners XX ammo For the rifle from and critical we ammunition. most low more personal well ours. has small all more been shotshell as ammunition City million sales defense rifle the legacy small Remington as the products mixes strength City that of more shift ammunition
have and technology industry-leading with However, we strength. this much needed capacity, leveraged
partnering Our done for long-term years with orders several contracts many a companies team has in OEM that on come. in job terrific reliable lock pricing at competitive to
XXXth innovation strong anniversary, Lastly, as its impact as of Federal the team's is and ever. celebrates culture as
Ukraine. brands team Our one and the connection study for national firms most ever. single In a commend our support were reputable market research the ammunition brands I Vista Southwest outdoor resistance is Outdoor's equally by up time recent of consumers the named first to with every for nation's Associates, in top in strong. the stepping consumer Abroad, category
contribution to rounds $XX,XXX for ammunition humanitarian the of needed X Ukrainian made million the donated Our troops. a team effort and
their T-shirt be website be in sold found over XXX% our can to has promotion, each I encourage help will $XXX,XXX T-shirts which generating XX,XXX refugees. over so our the Ukraine donated far, of profits, and on Additionally, which of part. for you from strong yourself. front, culture at we've purchase www.federalpremium.com online team the of the and one doing go always of bleeding entire proud to a had I'm Across for Vista,
financials it in I'll more to detail. over Now to discuss turn Sudhanshu our Sudhanshu?
