X

Social Media

Arctic Cat reports better-than-industry-average sale percentage gains

May 15, 2007
Filed under Features

Arctic Cat reported better-than-industry-average sales gains in the ATV and snowmobile segments for its 2007 fiscal year, but an overall drop in its net earnings compared to a year ago.

The Thief River Falls, Minn., manufacturer also reported some upcoming strategic changes, including the reorganization of its staff, a change in its headquarters and a planned drop in its 2008 snowmobile production. The company said it will lower sled production by 30 percent for the upcoming fiscal year.

For its previous fiscal year, the manufacturer increased ATV sales by 9 percent to $431.5 million and upped its snowmobile sales by 4 percent to $247 million.

For more on Arctic Cat’s year-end results and its companywide strategic changes, see the June 4 edition of Powersports Business.

  • To return to the current issue, click here.
  • For more of the latest news, click here.

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!