skegpro
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Definitely isn't good news for the industry if we lose a manufacturer.
Arctic Cat shows Brp how it’s done.
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Ya, that would work. Just what Yamaha needs, a money loosing company with nothing to offer as a tax right off! We'll see what happens. If cat sleds can't turn their numbers around, there good as gone. Textron only keeps what is profitable and throws the rest out.
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Cat401
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Maybe some changes coming but still a major player in racing......
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kanedog
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Textron-has a plan. May soon be the Cummins 5.9 of the sled world. More of a “do’er” than a “say’r.”
Polaris-promotes their junk, won’t admit its junk. But hey, it’s lightweight by a long shot compared to others.
Brp-busy patting themselves on the back for making money by screwing customers. Busy hiding actual sled sales #’s, lumping sled sales with watercraft together. Fuzzy numbers. They shouldn’t cook the books. Backfires every time.
Yamaha-most reliable sled on the market. In a holding pattern.
The above are my beliefs.
Polaris-promotes their junk, won’t admit its junk. But hey, it’s lightweight by a long shot compared to others.
Brp-busy patting themselves on the back for making money by screwing customers. Busy hiding actual sled sales #’s, lumping sled sales with watercraft together. Fuzzy numbers. They shouldn’t cook the books. Backfires every time.
Yamaha-most reliable sled on the market. In a holding pattern.
The above are my beliefs.
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Cat401
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you BRP guys are full of rumours on the competition....lol
I don't work for BRP or have any BRP stocks. But yeah what ever, guess Im a BRP guy now.
Textron was the last manufacturer of Cluster bombs before they were banned. But I'm sure they really care about their sled customers and the Cat factory employees though, even if Cat makes no money for them. They are good guys like that....
snopro
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Lumping watercraft sales with sled sales? Lmao! Comedy gold! HaHa!
Bloomberg says "ATV's drive Textron (TXT) Earnings off a cliff"
This is 10 months old, but the latest news isn't any better.
https://www.bloomberg.com/opinion/articles/2018-10-18/atvs-drive-textron-s-txt-earnings-off-a-cliff
This is 10 months old, but the latest news isn't any better.
https://www.bloomberg.com/opinion/articles/2018-10-18/atvs-drive-textron-s-txt-earnings-off-a-cliff
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kanedog
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The cool thing is, Cat can’t get much lower in sales so she’s onward and upward. There’s no downside for Cat which is a great starting point. Since 2017, Brp chased a ton of customers to Poo and Cat. Brp is already covering up the lagging sled sales by being sketchy af lumping sleds with their great watercraft sales.
The end result is great things for the customers of any brand. The sled brands gotta compete harder and better than the other guys. They watch each other like a hawk. Good things will come.
You should be nice to Cat. They caused Brp to drop their crazy prices, saving the Doo guys money.
She’s all good. Future is bright for the industry. Cheers sled bros!
maxwell
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man you kill me. this is good stuff.
Bnorth
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There's gonna be a lot of Alphas on the hill this year.
Bnorth
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I just actually read this, I kinda get it but ultimately it's an opinion piece and the author can't even grasp the benefits to owning a powersports company and turf equipment company when another arm is supplying all manner of military needs including UTVs and golf carts.
yeah I haven't looked too deep into Cats financial's to be honest, but if they aren't profitable it makes sense that they wouldn't be lining up to sponsor a bunch of guys.
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Yes there will be.
And yes that article has some value but also an opinion.
There would be more but not many dealers got extra sleds for the floor sales.
If they did the warranty starts about 30days after arrival so this causes some warranty issues for dealer/purchaser.
It is good for Cat to help clean up the non current backlog, just not sure "not having sleds on showroom floor" is a good idea.
Lack of market exposure??????
Bnorth
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My local dealer had 2 alphas left last season (iirc) and now they have 16 2019's in stock priced the same as the 2020 snowchecks so they must have pulled in inventory from whoever had it left. I got the impression they will use the 2019s to fill the in season demand as they only had 1 possible unclaimed snowcheck.
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[h=1]Textron Investor Alert: Lawsuit Filed On Behalf Of Shareholders[/h]BOSTON, Aug. 23, 2019 /PRNewswire/ -- Thornton Law Firm LLP announces that a lawsuit has been filed against Textron Inc. ("Textron" or the "Company") (TXT) alleging that Textron violated the federal securities laws. Investors who purchased Textron stock between January 31, 2018 and October 17, 2018, and are interested in participating the lawsuit as a lead plaintiff, are encouraged to contact the Thornton Law Firm and learn more about the case at . Investors may also email the firm to obtain information at shareholder@tenlaw.com or call (617) 531-3917.Textron is a global manufacturer and distributor of small aircrafts and recreational vehicles. On March 6, 2017, Textron expanded its recreational vehicle business by acquiring Arctic Cat Inc. ("Arctic Cat"). Throughout the Class Period, Textron allegedly repeatedly touted Arctic Cat as an important growth business for the Company, reassuring investors about dealer demand, end-market sales and earnings prospects for its Arctic Cat products. Notwithstanding these positive representations to the market, Defendants allegedly failed to disclose that: (1) end-market sales of Arctic Cat products were slowing, resulting in a massive glut of old Arctic Cat inventory on dealers' floors; (2) in order to clear out this old inventory, the Company provided significant price discounts, which negatively impacted Textron's earnings; (3) as a result, Textron's positive statements about Arctic Cat's business, operations, and prospects were false and misleading. The truth about Arctic Cat's inventory problems was revealed on October 18, 2018, when Textron reported weak third quarter 2018 earnings and cut its full-year 2018 forecast. The Company blamed the shortfall on heavy discounts issued by Textron to clear out old Arctic Cat inventory. Analysts immediately lowered their price targets on Textron stock citing the inventory concerns at Arctic Cat. On this news, Textron's stock fell $7.29 or 11.25 percent, to close at $57.49 on October 18, 2018, erasing $1.8 billion from its market capitalization.Investors who purchased TXT securities between January 31, 2018 and October 17, 2018 are encouraged to contact the Thornton Law Firm's shareholder rights team at . Interested TXT shareholders have until October 21, 2019 to apply to be lead plaintiff. The class has not yet been certified. Until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.The Thornton Law Firm's securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
[h=1]Textron Investor Alert: Lawsuit Filed On Behalf Of Shareholders[/h]BOSTON, Aug. 23, 2019 /PRNewswire/ -- Thornton Law Firm LLP announces that a lawsuit has been filed against Textron Inc. ("Textron" or the "Company") (TXT) alleging that Textron violated the federal securities laws. Investors who purchased Textron stock between January 31, 2018 and October 17, 2018, and are interested in participating the lawsuit as a lead plaintiff, are encouraged to contact the Thornton Law Firm and learn more about the case at . Investors may also email the firm to obtain information at shareholder@tenlaw.com or call (617) 531-3917.Textron is a global manufacturer and distributor of small aircrafts and recreational vehicles. On March 6, 2017, Textron expanded its recreational vehicle business by acquiring Arctic Cat Inc. ("Arctic Cat"). Throughout the Class Period, Textron allegedly repeatedly touted Arctic Cat as an important growth business for the Company, reassuring investors about dealer demand, end-market sales and earnings prospects for its Arctic Cat products. Notwithstanding these positive representations to the market, Defendants allegedly failed to disclose that: (1) end-market sales of Arctic Cat products were slowing, resulting in a massive glut of old Arctic Cat inventory on dealers' floors; (2) in order to clear out this old inventory, the Company provided significant price discounts, which negatively impacted Textron's earnings; (3) as a result, Textron's positive statements about Arctic Cat's business, operations, and prospects were false and misleading. The truth about Arctic Cat's inventory problems was revealed on October 18, 2018, when Textron reported weak third quarter 2018 earnings and cut its full-year 2018 forecast. The Company blamed the shortfall on heavy discounts issued by Textron to clear out old Arctic Cat inventory. Analysts immediately lowered their price targets on Textron stock citing the inventory concerns at Arctic Cat. On this news, Textron's stock fell $7.29 or 11.25 percent, to close at $57.49 on October 18, 2018, erasing $1.8 billion from its market capitalization.Investors who purchased TXT securities between January 31, 2018 and October 17, 2018 are encouraged to contact the Thornton Law Firm's shareholder rights team at . Interested TXT shareholders have until October 21, 2019 to apply to be lead plaintiff. The class has not yet been certified. Until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.The Thornton Law Firm's securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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