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Plymouth-based Arctic Cat said the performance was shaped by higher sales of snowmobiles that it makes under contract for other brands and by sales of parts, accessories and clothes. But it ...
Arctic Cat snowmobiles are easily recognizable among enthusiasts, but the brand's recently changed hands with a new owner. So where are they made now?
The acquisition news sent Arctic Cat shares jumping, while Textron shares dropped in response to the poor economic news, combined with fears Textron may be overpaying for Arctic Cat.
My hunch is that shareholders should take a cue from Arctic Cat's stock price this morning -- and jump at this chance to exit the stock with their profits intact.
If the snow can stick around, they could get back on track. But across the industry there is concern about what the Arctic Cat news means for snowmobile dealers.
Double-digit sales and profit drops didn't stop Arctic Cat's stock from gaining almost 14 percent Thursday after the Plymouth-based maker of snowmobiles and all-terrain vehicles beat Wall Street ...
My hunch is that shareholders should take a cue from Arctic Cat's stock price this morning -- and jump at this chance to exit the stock with their profits intact.