Arctic Cat reported a net loss of $5.9 million, or $0.33 per diluted share, on net sales of $69.4 million for the first quarter ended June 30.
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Arctic Cat Inc. designs, engineers, manufactures, and markets snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat brand name, as well as related parts, garments, and accessories. It offers replacement parts and accessory items, such as electric start and reverse kits, luggage racks and bags, backrests, machine covers, windshields, and colored accessories; and maintenance supplies, such as oil and fuel additives, track studs, and carbide runners for snow mobiles. The company also provides ATV parts and accessories, including winch kits, snow plow kits, MRP Speedrack accessories, portable lights, utility bags, and maintenance supplies. In addition, it offers snowmobile and ATV garments for adults and children under the Arcticwear and Arcticwear ATV Gear label, which include suits, jackets, pants, accessory garments, pull-overs, riding gloves, hats, boots, gear bags, sweatshirts, t-shirts, caps, and helmets.
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