Thief River Falls, MN - Thief River Falls-based Arctic Cat reportsrecord sales for its fiscal first quarter with snowmobiles leading the way. But C-E-O Christopher Twomey says higher sales were not enough to overcome unfavorable Canadian currency.
Sales of ATVs and side-by-sides were lower, a planned decrease to reduce dealer inventories ahead of the company's ATV dealer show in September.
Twomey said he expects this to be a challenging year, especially in the first half of 2015.