BRP Reports 18 Percent Increase in Fiscal Year 2016 First-Quarter Results
BRP Inc. has reported its financial results for the three-month period ended April 30, 2015 with strong revenues of $898.1 million, an 18% increase compared to the first quarter of FY2015.
Vision X Global Lighting Chooses V-Twin Marketing
Vision X Global Lighting chooses V-Twin Marketing as its first agency of record for the motorcycle market. Established in 1997 with the mission to revolutionize the lighting industry, today Vision X Global is doing just that.
Polaris Reports First Quarter 2015 Results
Polaris reported record sales and earnings for its 2015 first quarter, with sales up 16 percent, operating income up 19 percent and net income up 9 percent, making it the company’s 22nd consecutive quarter of record earnings performance.
Harley-Davidson Reports First-Quarter Earnings
Harley-Davidson’s revenue in this year’s first quarter was down from the year-ago period primarily on unfavorable foreign currency exchange and slightly lower motorcycle shipments.
Find It Now/FIN Chooses V-Twin Marketing as its Agency of Record
Find It Now USA, LLC, has chosen V-Twin Marketing as its PR and marketing agency of record. The company produces the FIN GPS Security System.
New Consumer Product Safety Commission Report Reveals Decline in ATV Deaths and Injuries
All-terrain vehicle injuries have declined significantly from 2007 through 2013 according to the U.S. Consumer Product Safety Commission (CPSC). The report also found that estimated ATV-related fatalities have declined each year from 2007 through 2013, but noted that data collection for 2010-2013 is ongoing.
Black Book’s November Powersports Market Analysis
As we completed the market study during October the powersports market is cooling down just like the weather in most parts of the country. Just about all of the segments we cover are declining this month, even a few of those which are normally showing a little positive strength at this time of year. Much
Arctic Cat Reports Fiscal 2015 Second Quarter Results
Arctic Cat Inc. reported net earnings of $15.4 million on higher net sales of $262.5 million for the fiscal 2015 second quarter ended September 30, 2014. In the prior-year quarter, Arctic Cat reported net earnings of $23.4 million on net sales of $238.5 million. Commented Christopher Twomey, Arctic Cat’s chairman and chief executive officer: “Solid
Arctic Cat Reports Fiscal 2015 Second Quarter Results
Arctic Cat’s fiscal 2015 second-quarter net sales rose approximately 10 percent to $262.5 million, due to higher snowmobile sales to its OEM partner and Arctic Cat’s dealers, strong Wildcat sales and double-digit sales gains in the parts, garments and accessories business.
Inside The Tire Market
Rubber 101
August Black Book Market Watch
Prices continued to fall throughout the month of August across most of the segments we cover in the motorcycle and powersports market. The amounts are not quite as large as last month though, due to the unusually steep declines in value we reported in July.
Polaris Reports Second Quarter Results
Polaris Industries Inc. reported record second quarter net income of $96.9 million for the quarter ended June 30, 2014, up 21 percent from the prior year’s second quarter net income of $80.0 million. Sales for the second quarter 2014 totaled a record $1,014.0 million, an increase of 20 percent.
BRP Reports Fourth Quarter and Fiscal Year 2014 Results
BRP had record revenues of $3.194 billion for fiscal year 2014, a 10% increase compared to 2013. The company’s net income was $59.7 million, which was due in part to successfully launching new products and receiving numerous prestigious awards across BRP’s product line-up.
Hein Gericke Reportedly Bought by Chinese Investors
Following its insolvency filing in December, industry reports suggest that Hein Gericke Deutschland GmbH has been acquired by the Barcelona headquartered group of Chinese investors that is headed by Arthur Liao, the owner of Chinese helmet manufacturer LS2.
BMW Motorcycles USA Reports 17% Increase in Sales
BMW Motorrad USA achieved double-digit growth in the U.S. and set a worldwide record for sales three years in a row when it reported a 17 percent increase in sales for 2013 with 14,100 units sold.
NPA Trend Report: Rising Demand And Rising Product Availability
November is the first month since spring to show an uptick in average wholesale price across a majority of categories. NPA feels this upward trend in average wholesale price will continue into the spring of 2014.