|
|
Article: Arctic Cat Reports Fiscal 2009 Fourth-Quarter Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- May 28, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Fourth-Quarter Net Loss of $16.7 Million, or $0.93 Per Diluted Share, Within Guidance Range;
Results Include Non-Cash Goodwill Impairment Charge of $1.75 Million, or $0.10 Per Diluted Share;
Achieved Continued Dealer Inventory Reductions Across All Product Lines in Fourth Quarter;
Company Remains Focused on Operational Efficiencies
MINNEAPOLIS -- Arctic Cat Inc. (Nasdaq:ACAT) today reported a net loss of $16.7 million, or $0.93 per diluted share, on net sales of $90.7 million for the fourth quarter ended March 31, 2009, which was within the company's previously stated guidance range. Arctic Cat's 2009 fourth quarter results include a ...