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Arctic cat stock plumets


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  • 1 month later...

I don't see Cat going out of business, but I do think it's possible that they might get bought by another powersports manufacturer.

The investing in the future is always a good sign :bc: 

Quote

 

For fiscal 2017, Arctic Cat will spend $30 million to $35 million on factory and product improvements but expects to reap those rewards later.

For the fiscal year ending March 31, 2017, the company’s prior sales forecast remains unchanged at $635 million to $655 million. However, it now expects to lose 70 cents to $1 “due to the weaker power sports market, increased promotional costs and unfavorable product mix.”

 

 

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  • Trying to pay the bills, lol



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