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The company is benefiting from growth in both of its segments as shooting sports were up 39% year over year and outdoor products were up 38% in the most recent quarter. This has been driven by consumer trends that continue to show high demand for outdoor activities. Plus the demand for ammunition is not slowing down anytime soon.
VSTO had $209 million in cash as of the end of the last quarter compared to no short-term debt. The company is also highly efficient with a return on equity of 41%. Analysts forecast sales to rise 24.4% for the year, while earnings are expected to jump 66.9% this year.
