{"id":2979,"date":"2013-05-17T13:46:19","date_gmt":"2013-05-17T13:46:19","guid":{"rendered":"http:\/\/azureblog.smallvehicleresource.com\/?p=2979"},"modified":"2013-05-17T13:46:19","modified_gmt":"2013-05-17T13:46:19","slug":"arctic-cat-earnings-call-highlights-f4q-2013","status":"publish","type":"post","link":"https:\/\/smallvehicleresource.com\/blog\/2013\/05\/17\/arctic-cat-earnings-call-highlights-f4q-2013\/","title":{"rendered":"Arctic Cat Earnings Call Highlights &#8211; F4Q 2013"},"content":{"rendered":"<div id=\"attachment_2981\" style=\"width: 570px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/azureblog.smallvehicleresource.com\/wp-content\/uploads\/2013\/05\/arctic-cat-wildcat.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2981\" class=\"size-full wp-image-2981\" title=\"arctic cat wildcat\" src=\"http:\/\/azureblog.smallvehicleresource.com\/wp-content\/uploads\/2013\/05\/arctic-cat-wildcat.jpg\" alt=\"\" width=\"560\" height=\"370\" srcset=\"https:\/\/smallvehicleresource.com\/blog\/wp-content\/uploads\/2013\/05\/arctic-cat-wildcat.jpg 560w, https:\/\/smallvehicleresource.com\/blog\/wp-content\/uploads\/2013\/05\/arctic-cat-wildcat-300x198.jpg 300w, https:\/\/smallvehicleresource.com\/blog\/wp-content\/uploads\/2013\/05\/arctic-cat-wildcat-454x300.jpg 454w\" sizes=\"(max-width: 560px) 100vw, 560px\" \/><\/a><p id=\"caption-attachment-2981\" class=\"wp-caption-text\">Arctic Cat Wildcat Side-by-Side<\/p><\/div>\n<p>The following are some of the highlights from Arctic Cat&#8217;s earnings call for their??fiscal 2013 fourth quarter ended March 31, 2013 with an emphasis on side-by-side related information.<\/p>\n<ul>\n<li>Net sales for the fourth quarter increased 15% to $113.2 million from $98.5 million<\/li>\n<li>Full year net sales increased 15% to $671.6 million from $585.3 million<\/li>\n<li>Net earnings increased 33% to $39.7 million from $29.9 million<\/li>\n<li>ATV and side-by-side sales increased 32% to $299.8 million from $226.9 million for the year and increased 16% to $87.6 million from $75.8 million for the quarter<\/li>\n<li><span style=\"color: #333333; font-style: normal; line-height: 24px;\">ATV and side-by-side business sales increases were driven by Prowler models as well as the launch of the new Wildcat Four, a new four seat version of the Wildcat Four side-by-side and Wildcat X a high horsepower version of the Wildcat Sports side-by-side<\/span><\/li>\n<li><span style=\"color: #333333; font-style: normal; line-height: 24px;\">Management reports taking more market share in the side-by-side category during the year<\/span><\/li>\n<li>Wildcat parts and accessories business was strong<\/li>\n<li>ATV industry retail sales for North America were flat as retail sales decreased by 2% during fiscal year 2013.<\/li>\n<li>The new 50 inch trail legal Wildcat is expected to ship in the 4th quarter of 2014 and allows Arctic Cat to enter this segment of the side-by-side industry<\/li>\n<li>Next year the North American ATV industry retail sales are expected to grow between zero to 5%<\/li>\n<li>The side-by-side market is expected to grow in the 15% to 25% range.<\/li>\n<li>Management expects net sales in the range of $754 to $768 million based on an increase in ATV and side-by-sales in the 25% to 29% range for the full year driven by shipments of Wildcat sport side-by-side models including the new Wildcat 50<\/li>\n<li>Management expects at least 90% of our dealers to pick up the trail version of the Wildcat<\/li>\n<\/ul>\n<p><a title=\"Arctic Cat Earnings Call Highlights F4Q 2013\" href=\"http:\/\/seekingalpha.com\/article\/1438241-arctic-cat-s-ceo-discusses-f4q13-earnings-results-earnings-call-transcript?part=single\" target=\"_blank\" rel=\"nofollow\">Complete earnings call transcript: ??Seekingalpha.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The following are some of the highlights from Arctic Cat&#8217;s earnings call for their??fiscal 2013 fourth quarter ended March 31, 2013 with an emphasis on side-by-side related information. Net sales for the fourth quarter increased 15% to $113.2 million from &hellip; <a href=\"https:\/\/smallvehicleresource.com\/blog\/2013\/05\/17\/arctic-cat-earnings-call-highlights-f4q-2013\/\">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":[12,14,23,27],"tags":[102,121,388,1424],"class_list":["post-2979","post","type-post","status-publish","format-standard","hentry","category-management","category-market-trends","category-sales-figures","category-utility-vehicles","tag-arctic-cat","tag-atv","tag-earnings-call","tag-wildcat"],"_links":{"self":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2979"}],"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=2979"}],"version-history":[{"count":4,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2979\/revisions"}],"predecessor-version":[{"id":2984,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2979\/revisions\/2984"}],"wp:attachment":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/media?parent=2979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/categories?post=2979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/tags?post=2979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}