Arctic Cat’s Sales Sink 26%
Arctic Cat, Inc. experienced a net loss of $5.9 million on sales of $69.4 million for its first quarter ended June 30. The results compare to a net loss of $7.0 million on sales of $93.9 million during the same three-month period last year.
ATV sales during the recently ended first quarter totaled $32.2 million, down compared to $53.8 million during the same three-month period last year; snowmobile sales totaled $17.9 million, down compared to $21.4 million; and sales of parts, garments and accessories (PG&A) totaled $19.3 million, up compared to $18.7 million in the prior-year quarter.
- Submitted by Guido Ebert
ATV sales during the recently ended first quarter totaled $32.2 million, down compared to $53.8 million during the same three-month period last year; snowmobile sales totaled $17.9 million, down compared to $21.4 million; and sales of parts, garments and accessories (PG&A) totaled $19.3 million, up compared to $18.7 million in the prior-year quarter.
- Submitted by Guido Ebert
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