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News Breaks | | | | February 20, 2013 | | 06:33 EDT |  | ACAT, YAMCY | Arctic Cat announces engine, co-brand agreements with Yamaha
Arctic Cat (ACAT) announced that it has entered into an engine supply agreement with Yamaha Motor Corporation (YAMCY), expanding Arctic Cat's purchase of Yamaha snowmobile engines starting in the 2014 model year. Arctic Cat initially entered into an agreement to purchase Yamaha 123cc 4-stroke engines for its youth snowmobile in 2009. This agreement has now been expanded to include select 4-stroke engines from Yamaha. In addition to expanding the engine supply agreement with Yamaha, Arctic Cat also has expanded a co-branding agreement to build select Yamaha snowmobiles in Arctic Cat's Thief River Falls, Minn., factory according to Yamaha's specifications. This agreement began in 2012, with Arctic Cat building the Yamaha SRX 120 youth model snowmobile, and now will include full-size performance snowmobiles starting with model year 2014. These snowmobiles will be built to Yamaha specifications using Yamaha 4-stroke engines. | |
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News For ACAT;YAMCY From The Last 14 Days Check below for free stories on ACAT;YAMCY the last two weeks. |
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| May 16, 2013 | | 09:40 EDT |  | ACAT | Arctic Cat downgraded to Buy from Strong Buy at Feltl
| | | May 15, 2013 | | 06:33 EDT |  | ACAT | Arctic Cat sees FY14 EPS $3.17-$3.27, consensus $3.27
Sees FY14 revenue $754M-$768M, consensus $723.57M. Arctic Cat's fiscal 2014 outlook includes the following assumptions versus the prior fiscal year: core ATV North America industry retail sales flat to up 5%; side-by-side North American industry retail sales up 15%-25%; snowmobile North America industry retail sales flat to up 3%; Arctic Cat dealer inventories excluding new products flat to up 10%; achieving slightly lower operating expense levels as a percent of sales; and increasing cash flow from operations. The company expects gross margins to decrease by approximately 80 basis points, due to additional Yamaha snowmobiles that will be built in Arctic Cat's factory and, to a lesser extent, the Canadian currency impact. | | | 06:32 EDT | | ACAT | Arctic Cat reports Q4 EPS (38c), consensus (40c)
 Subscribe for More Information | | | 06:25 EDT | | ACAT | Arctic Cat board aurthorizes share repurchase program of up to $30M
Subscribe for More Information | | | 06:25 EDT | | ACAT | Arctic Cat announces dividend reinstatement of 10c
Subscribe for More Information | | | May 7, 2013 | | 07:27 EDT |  | ACAT | RW Baird to host a conference
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