{"id":3630,"date":"2014-10-26T12:47:49","date_gmt":"2014-10-26T12:47:49","guid":{"rendered":"http:\/\/azureblog.smallvehicleresource.com\/?p=3630"},"modified":"2014-10-26T12:47:49","modified_gmt":"2014-10-26T12:47:49","slug":"arctic-cat-reports-earnings-for-fiscal-2015-2q","status":"publish","type":"post","link":"https:\/\/smallvehicleresource.com\/blog\/2014\/10\/26\/arctic-cat-reports-earnings-for-fiscal-2015-2q\/","title":{"rendered":"Arctic Cat Reports Earnings For Fiscal 2015 2Q"},"content":{"rendered":"
\"Despite<\/a>

Despite weak ATV sales, side-by-side sales increased as demand for Arctic Cat Wildcat Trail models remained strong.<\/p><\/div>\n

Arctic Cat reported revenue of $262.5 million for the fiscal 2015 second quarter, an increase of about 10% from last year. Sales were driven by their snowmobile and parts, garments and accessories (PG&A) divisions which offset weakness in their ATV business that includes ATVs and side-by-sides. The ATV business declined 4% from the previous year’s quarter and 10% year to date. The company fell short of their expectations for ATV sales but strong sales continued for their Wildcat side-by-side models. There was also a significant charge for a recall of some of their older ATVs. Some highlights of the earnings call as it relates to utility vehicles\/side-by-sides include:<\/p>\n