Uncategorized

Arctic Cat 2Q Sales Up, Profits Flat

Arctic Cat Inc., Thief River Falls, Minn., reported net sales of $276.3 million for the fiscal 2006 second quarter ended September 30, 2005, up 15% compared to sales of $240.7 million during the same period last year. Net earnings for the quarter were $19.2 million, or $0.96 per diluted share, versus $19.7 million, or $0.94 per diluted share, in the prior-year period.
Arctic Cat repurchased 401,500 shares of its common stock during the second quarter as part of a $20 million share repurchase program.
Sales of Arctic Cat’s ATVs grew to $135.8 million, up 35% from $100.6 million in the prior-year second quarter; sales of Arctic Cat snowmobiles were $111.4 million, down from $112.0 million in the same period last year; and parts, garments and accessories (PG&A) sales totaled $29.0 million, up 3% compared to $28.1 million in the prior-year second quarter.

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
EPG Brand Acceleration
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.