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Vista Outdoor cuts FY24 adjusted EPS view to $3.65-$4.05 from $4.50-$5.00

Consensus $4.69. Cuts FY24 revenue view to $2.73B-$2.83B from $2.85B-$2.95B, consensus $2.87B. Sees FY24 adjusted EBITDA margins between 15.50% and 16.25%. Sees FY24 effective tax rate of approximately 19.5%. Sees FY24 interest expense in the range of $55M to $65M.

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