Ammo backlog - Vista Outdoor
Posted: Thu Nov 12, 2020 6:24 am
Vista outdoor released some info on their ammo production backlog. Buckle up folks. Don't waste what you got. Make every shot count.
Excerpt (my bold below):
[quote]
https://www.foxbusiness.com/lifestyle/v ... og-billion
Vista was reporting its second-quarter earnings when CEO Chris Metz detailed what announced the backlog, which he called “unprecedented” for the company.
"We currently have over a year's worth of orders for ammunition in excess of $1 billion," Metz said during the Nov. 5 call. “With demand far outstripping supply and inventory levels in the channel at all-time lows, we see strong demand continuing, and this metric informs our viewpoint of what a recovery or normalization could look like."
He added that he was providing the additional context “to convey an underlying strength and strong foundational element to our business.”
Excerpt (my bold below):
[quote]
https://www.foxbusiness.com/lifestyle/v ... og-billion
Vista was reporting its second-quarter earnings when CEO Chris Metz detailed what announced the backlog, which he called “unprecedented” for the company.
"We currently have over a year's worth of orders for ammunition in excess of $1 billion," Metz said during the Nov. 5 call. “With demand far outstripping supply and inventory levels in the channel at all-time lows, we see strong demand continuing, and this metric informs our viewpoint of what a recovery or normalization could look like."
He added that he was providing the additional context “to convey an underlying strength and strong foundational element to our business.”