Financially it was another strong quarter for Arctic Cat. The highlights:
*Net sales grew 12 percent
*Record net earnings and earnings per diluted share (17% and 57%)
*Operating expenses as a percent of sales declined to 11 percent versus 12 percent;
*Operating profit rose 18 percent to $38.8 million, up from $32.9 million;
*No long-term debt.
Click to read the financial report.
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