Cycle Country’s second quarter revenue increases
May 16, 2008
Filed under Features
Cycle Country, an Iowa-based manufacturer of various ATV products, announced its total revenue increased 40 percent in the second quarter, which ended March 31.
The company’s total revenue increased from $2.7 million to $3.9 million. Part of the increase was due to a 77 percent growth in ATV accessories and a 95 percent increase in contract manufacturing.
A significant portion of the ATV accessories increase was because of the boost in snowplow blade sales as well as a raise in sales to OEM customers. The increase in contract manufacturing was a result of an increase in orders, mainly from current customers.