Arctic's Q3 sales, earnings decline.(DIGEST)(Arctic Cat Inc.)

Powersports Business,  February, 2005  

Tags: Arctic

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Arctic Cat Inc., Thief River Falls, Minn., reported earnings of $5.8 million, or 28 cents a share, for its fiscal third quarter ended Dec. 31, 2004. This was down from last year's profits of $9.7 million, or 46 cents a share.

Sales for the period fell to $188.9 million from $194.6 million in the year-ago quarter. Arctic said the quarter's results reflect anticipated lower snowmobile sales and a less favorable Japanese foreign currency conversion.

Nine-month net earnings were $25.6 million, or $1.22 per diluted share, off from $31.4 million, or $1.44 per diluted share, in the ...

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