Arctic Cat (ACAT) Misses Q1 EPS by 8c
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Arctic Cat Reports Fiscal 2016 First Quarter Results
July 22, 2015 6:30 AM EDTFirst quarter net sales totaled $134.4 million;
Net loss $0.08 per diluted share;
Progress made in 2016 first quarter to reduce dealer inventory levels;
Company maintains fiscal 2016 outlook
MINNEAPOLIS--(BUSINESS WIRE)-- Arctic Cat Inc. (NASDAQ: ACAT) today reported a net loss of $1.1 million, or $0.08 per diluted share, on net sales of $134.4 million for the fiscal 2016 first quarter ended June 30, 2015. In the prior-year quarter, Arctic Cat reported net earnings of $3.6 million, or $0.27 per diluted share, on net sales of $143.6... More
