{"id":2768,"date":"2013-02-22T21:43:42","date_gmt":"2013-02-22T21:43:42","guid":{"rendered":"http:\/\/azureblog.smallvehicleresource.com\/?p=2768"},"modified":"2013-02-22T21:43:42","modified_gmt":"2013-02-22T21:43:42","slug":"arctic-cat-earnings-call-recap","status":"publish","type":"post","link":"https:\/\/smallvehicleresource.com\/blog\/2013\/02\/22\/arctic-cat-earnings-call-recap\/","title":{"rendered":"Arctic Cat Earnings Call Recap"},"content":{"rendered":"<p>Here are some of the highlights from Arctic Cat&#8217;s most recent earnings call. They focus on the side-by-side part of the business. Their fiscal year ends March 31.<\/p>\n<ul>\n<li><span style=\"color: #333333; font-style: normal; line-height: 24px;\">ATV sales (includes ATVs and side-by-sides) increased 28% to $69.6 million from $54.4 million for the quarter compared to last year driven by strong Wildcat side-by-side sales. ATV sales increased 40% year to date to $212.2 million from $151.1.<\/span><\/li>\n<li>North American side-by-side retail sales increased over 35% for the quarter and year-to-date retail sales increased over 50% driven by both our Wildcat Sports side-by-side and Prowler HDX utility vehicle.<\/li>\n<li>Recently announced a new 4-seat Wildcat 1000 model and a new high performance 90-plus horsepower Wildcat model. Both of these will begin shipping in the fiscal fourth quarter.<\/li>\n<li>Expect the ATV and side-by-side business to grow sales 36% to 41% for the full year driven by shipments of the Wildcat side-by-side models.<\/li>\n<li>&#8220;Extremely positive&#8221; feedback received from dealers on the new Wildcat models. Extra horsepower is good for dune riding.<\/li>\n<li>Demo rides for media and customers went &#8220;extremely well&#8221; for Wildcat X and Wildcat 4<\/li>\n<li>Side-by-side market as a whole is up and estimated 10% and 20% for the year.<\/li>\n<li>On option and accessory spending: ??Maybe spend $300 or $400 on Prowler or but &#8220;<em>&#8230;you???re seeing customers that will come in and spend over $1000 and $1500 putting on roof, windshield, things of that nature on a Wildcat.<\/em>&#8220;<\/li>\n<li>The 64.5-inch width of the Wildcat makes it more suitable for out west on dunes and more wide open trails rather than narrower ATV trails in the east.<\/li>\n<\/ul>\n<p><a title=\"Arctic Cat 3Q 2012 Earnings Call Transcript\" href=\"http:\/\/seekingalpha.com\/article\/1131561-arctic-cat-s-ceo-discusses-f3q-2013-results-earnings-call-transcript?page=3\" target=\"_blank\" rel=\"nofollow\">Learn more: ??Seekingalpha.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are some of the highlights from Arctic Cat&#8217;s most recent earnings call. They focus on the side-by-side part of the business. Their fiscal year ends March 31. ATV sales (includes ATVs and side-by-sides) increased 28% to $69.6 million from &hellip; <a href=\"https:\/\/smallvehicleresource.com\/blog\/2013\/02\/22\/arctic-cat-earnings-call-recap\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,12,14,23,27],"tags":[102,388,2179,1181,1424],"class_list":["post-2768","post","type-post","status-publish","format-standard","hentry","category-investment-financing","category-management","category-market-trends","category-sales-figures","category-utility-vehicles","tag-arctic-cat","tag-earnings-call","tag-market-trends","tag-side-by-side","tag-wildcat"],"_links":{"self":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2768"}],"collection":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/comments?post=2768"}],"version-history":[{"count":4,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2768\/revisions"}],"predecessor-version":[{"id":2772,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2768\/revisions\/2772"}],"wp:attachment":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/media?parent=2768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/categories?post=2768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/tags?post=2768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}