Posted on 08/16/2017 1:44:20 PM PDT by marktwain
Vista Outdoors is one of the major players in ammunition production in the United States and the world. It owns CCI and Federal.
With the decrease in demand for ammunition and for sporting goods, its stock price has dropped. A year ago it was over $50 per share. This spring it fell below $20 for a brief period.
Most of the drop is likely due to a decreased demand for ammunition. Vista has a strategy to increase ammunition sales, or at least to keep market share and increase profits.
Independent retailers and e-commerce will play a key role in helping Vista Outdoor regain momentum as it faces sluggish markets for ammunition and the products it sells for shooting, camping and other recreation.
That approach was unveiled Thursday in a conference call for stock market analysts after Vista Outdoor reported a dramatic drop in net income for April, May and June.
Net income was $16.6 million for the three months ending July 2, compared with $29.1 million for the same time last year at the company that employs about 1,375 people in its Lewiston ammunition operations, which have been shrinking through attrition.
Vista Outdoor's per-share stock price was $21.86 after the close of the market Thursday.Data indicate “consumers are buying, but just not to the extent they normally would this time of year,” said Interim Chairman and CEO Michael Callahan.
(Excerpt) Read more at ammoland.com ...
I do reload some #7 1/2 and #4 shot (for target shooting and skeet), but I mostly reload 00 Buck, #4 Buck, F-Buck, BB-shot and (Lyman Sabot) slugs.
Don't be a yanker.
That's way too high. That works out to almost $45 out the door (before taxes) for a 550-round brick's worth of ammo.
Before Obama, it was $19.95 for a 550-round brick at Walmart. I saw a shelf full of 550-round bricks the other day at my local Walmart for $21.95. Not a horrible increase in price, and they'd been sitting there for a day or two.
Yeah, Cabela’s is always high on prices but the thing is, that same box sold for almost $7 back when and if they had it.
“I would wager that the average reloader has more rounds loaded and ready to go than that number you picked and has enough components to reload that brass another 3 or 4 times.”
Yep.
L
True. We're getting a brand new Cabela's here in Albuquerque (due to open next month). They're supposedly going to have some great Grand-Opening sales.
The bad thing is, they're very close to where I work, and it may cause my being late coming back from lunch ;-)
hourly rate isn’t great; however the real points are independence, knowledge, control and craftsmanship
That's the real key - Being able to "roll your own" to do exactly what you need.
When I was a competitive shooter, I'd load up .45 auto and .44 mag rounds so the recoil was light, but take pins off the table with authority. Or for USPSA shooting, I'd load up my .45 auto to just barely make major power factor, again while keeping recoil to a minimum. It was also interesting finding a "sweet load" that was perfect.
Plus, for pistols, it was A LOT cheaper than factory or even buying reloads.
Mark
Yes! I used to buy 10,000 primers at a time & 8 lb kegs of powder. And every couple of months, some buddies and I would make a bulk bullet run to Iowa to pick up several thousand hard-cast lead bullets each at a time.
Mark
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