The winter season has been tough on Arctic Cat (NASDAQ:ACAT). The most recent quarterly earnings missed on analyst expectations, leading to a 20% drop in share price. We have been optimistic on Arctic Cat for some time, and will continue to be. The outcome of the Yamaha partnership has led to shortcomings in terms of sale numbers. However, we see the long term benefits coming from this relationship outweighing the recent woes and maintain our positive outlook on Arctic Cat.
With the winter season in full swing, many expected ACAT to report solid snowmobile sales. Turns out, sales in the segment decreased by 4% on a year over year basis. While other product sales were positive, declining...
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