Outdoors

The Good Times Start on March 14 When 24/25 Ikon Pass Goes on Sale With New Benefits, Discounts, Expanded Access, and Skiing and Riding at 50+ Global Destinations

Retrieved on: 
Thursday, March 7, 2024

Current and new pass holders are invited to join the Ikon Pass community for its seventh season.

Key Points: 
  • Current and new pass holders are invited to join the Ikon Pass community for its seventh season.
  • Ikon Pass holders will now get two additional Friends & Family discounts, for a total of 12 for the 24/25 winter season.
  • Ikon Pass elevates your powder pursuit with a credit of up to $1,400 CAD to spend on a CMH Heli-Skiing experience.
  • Ikon Pass holders also get early booking privileges on winter heli-skiing trips, which often sell out ahead of time.

Vista Outdoor Participating in Upcoming Investor Conferences

Retrieved on: 
Thursday, March 7, 2024

Vista Outdoor Inc. (NYSE: VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, today announced it will participate in two investor conferences in March.

Key Points: 
  • Vista Outdoor Inc. (NYSE: VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, today announced it will participate in two investor conferences in March.
  • The ROTH conference will feature Revelyst CEO Eric Nyman and CFO Andy Keegan in a fireside chat via webcast from 10:30 a.m. to 10:55 a.m. PT on Monday, March 18.
  • Click here to register .

Traeger Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

Traeger, Inc. ("Traeger" or the "Company") (NYSE: COOK), creator and category leader of the wood pellet grill, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Traeger, Inc. ("Traeger" or the "Company") (NYSE: COOK), creator and category leader of the wood pellet grill, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • Total revenues increased by 18.3% to $163.5 million, compared to $138.1 million in the fourth quarter last year.
  • Grills revenues increased 23.9% to $59.9 million, compared to $48.3 million in the fourth quarter last year.
  • A conference call to discuss the Company's fourth quarter and full year 2023 results is scheduled for March 7, 2024, at 4:30 p.m.

Camping World Attended 45th Annual Raymond James Institutional Investors Conference

Retrieved on: 
Wednesday, March 6, 2024

Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, attended and presented at the 45th Annual Raymond James Institutional Investors Conference.

Key Points: 
  • Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, attended and presented at the 45th Annual Raymond James Institutional Investors Conference.
  • A recording of the live webcast of the Company’s presentation can be found on the Company’s investor relations website at https://investor.campingworld.com .
  • The event will be archived and available for replay for at least seven days.
  • Marcus Lemonis, Chairman and CEO of Camping World commented, “We experienced good momentum in our new unit retail demand beginning in December and January, and we closed February with new unit same store sales up double digits year over year.

Skeeter’s Real Money Program Expands, Offers Payouts for More Than 160 Sanctioned Tournaments in 2024

Retrieved on: 
Wednesday, March 6, 2024

Skeeter will expand its Real Money contingency program in 2024 to include three levels: Real Money MAX, Real Money Grass Roots and Real Money Limited.

Key Points: 
  • Skeeter will expand its Real Money contingency program in 2024 to include three levels: Real Money MAX, Real Money Grass Roots and Real Money Limited.
  • The Real Money program rewards anglers with cash payouts for running eligible Skeeter boats with Yamaha outboards in sanctioned tournaments.
  • “The Skeeter Real Money program recognizes anglers for their loyalty and passion for the sport of competitive fishing and the Skeeter brand,” said Chris Brown, Brand Manager, Skeeter Boats.
  • For a complete list of sanctioned tournaments for 2024 and other Real Money information including official rules, and complete terms and conditions, visit Skeeter (skeeterboats.com) .

Tractor Supply Upgrades Neighbor’s Club Member Benefits

Retrieved on: 
Tuesday, March 5, 2024

Tractor Supply will also offer active military, veterans and first responders special benefits starting later this summer.

Key Points: 
  • Tractor Supply will also offer active military, veterans and first responders special benefits starting later this summer.
  • We’re delighted to make it even easier and faster for customers to receive benefits, especially the heroes who serve our communities every day.”
    Neighbor’s Club is a three-tier loyalty program available at Tractor Supply and Petsense by Tractor Supply, both online and in stores.
  • In addition to these enhancements, Neighbor’s Club members with a Tractor Supply consumer credit card unlock all of the benefits of Preferred Plus status and earn 5% in rewards on purchases at Tractor Supply and Petsense by Tractor Supply.
  • Neighbor’s Club members can also earn rewards with a Tractor Supply Visa credit card for their purchases outside of Tractor Supply or Petsense by Tractor Supply, with 3% in rewards on essentials like gas, groceries and veterinary services, and 1% in rewards on all other purchases.

Vista Outdoor Rejects Unsolicited Indication of Interest from MNC Capital

Retrieved on: 
Monday, March 4, 2024

Vista Outdoor Inc. (NYSE: VSTO) today announced that its Board of Directors (the “Vista Outdoor Board”), following consultation with its financial and legal advisors, has rejected an unsolicited indication of interest received on February 19, 2024 from MNC Capital (“MNC”) pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $35.00 per Vista share (the “MNC Indication”).

Key Points: 
  • Vista Outdoor Inc. (NYSE: VSTO) today announced that its Board of Directors (the “Vista Outdoor Board”), following consultation with its financial and legal advisors, has rejected an unsolicited indication of interest received on February 19, 2024 from MNC Capital (“MNC”) pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $35.00 per Vista share (the “MNC Indication”).
  • The Vista Outdoor Board also issued a letter to MNC which is reproduced below.
  • We are confident that this is the best path to unlock value for our stockholders.”
    The full text of the letter to MNC follows:
    I am writing on behalf of Vista Outdoor Inc. (“Vista”) in response to MNC Capital’s (“MNC”) letters dated February 19, 2024 and February 28, 2024, expressing MNC’s interest in pursuing a transaction pursuant to which MNC would acquire Vista in an all-cash transaction for $35.00 per Vista share (the “MNC Indication”).
  • Morgan Stanley & Co. LLC is acting as sole financial adviser to Vista Outdoor and Cravath, Swaine & Moore LLP is acting as legal adviser to Vista Outdoor.

Vista Outdoor Confirms Receipt of Indication of Interest from MNC Capital

Retrieved on: 
Friday, March 1, 2024

Vista Outdoor’s Board of Directors remains committed to acting in the best interests of Vista Outdoor stockholders.

Key Points: 
  • Vista Outdoor’s Board of Directors remains committed to acting in the best interests of Vista Outdoor stockholders.
  • Vista Outdoor stockholders do not need to take any action at this time.
  • Morgan Stanley & Co. LLC is acting as sole financial adviser to Vista Outdoor and Cravath, Swaine & Moore LLP is acting as legal adviser to Vista Outdoor.
  • Moelis & Company LLC is acting as sole financial adviser to the independent directors of Vista Outdoor and Gibson, Dunn & Crutcher LLP is acting as legal adviser to the independent directors of Vista Outdoor.

MNC Capital Submits Proposal to Acquire Vista Outdoor for $35.00 Per Share in Cash

Retrieved on: 
Friday, March 1, 2024

We are writing to express our strong interest in acquiring all the outstanding shares of Vista Outdoor Inc. (“Vista” or the “Company”) for a purchase price per share of $35.00 in cash (the “Transaction”).

Key Points: 
  • We are writing to express our strong interest in acquiring all the outstanding shares of Vista Outdoor Inc. (“Vista” or the “Company”) for a purchase price per share of $35.00 in cash (the “Transaction”).
  • The proposed price offers a substantial premium to Vista’s share price, which already reflects a takeover premium.
  • Given Vista’s share price is currently trading close to its 52-week high, our proposal also reflects a highly attractive value overall to Vista’s shareholders.
  • The Board is currently reviewing the proposal consistent with its fiduciary duties, in consultation with our legal and financial advisors.

SMBC Announces Building Resilient Futures to Enrich Youth Through the Power of the Outdoors

Retrieved on: 
Thursday, February 29, 2024

The Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation, part of SMBC Group, is helping increase access to outdoor-based programs that develop resiliency and enable younger generations to lead bright futures with the launch of SMBC Building Resilient Futures (BRF), announced today.

Key Points: 
  • The Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation, part of SMBC Group, is helping increase access to outdoor-based programs that develop resiliency and enable younger generations to lead bright futures with the launch of SMBC Building Resilient Futures (BRF), announced today.
  • SMBC’s pilot commitment will support an estimated 750 youths this year, in partnership with American Camp Association, Change Summer, and Outward Bound.
  • The partnership will offer access to outdoor programs that aim to enhance confidence, character, and well-being through a deeper connection to peers and the outdoors.
  • Following the inaugural BRF cohort, SMBC plans to expand the program to serve more young people across the Americas.