PowersportsBusiness.com
You will automatically be redirected in 10 seconds. Click here to proceed.

Social Media

Arctic Cat reports higher sales in its fiscal year first quarter

July 25, 2008
Filed under Features

A change in shipment timing helped Arctic Cat boost its fiscal year first-quarter sales, although the Minnesota manufacturer still ended the period in the red.

Arctic Cat reported a net loss of $7 million for its 2009 fiscal year first quarter, a slight improvement over last year’s $7.2 million loss.

The company’s overall sales rose 7 percent to $93.9 million as a change in shipments helped boost snowmobile revenue considerably. Sled sales totaled more than $21.4 million, an 80 percent improvement over the year-ago period.

However, Arctic Cat’s largest sector, its ATV division, was down 10 percent compared to a year ago.

  • 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!