Issue link: https://read.dmtmag.com/i/231891
m miled ue uct ase ith 31, ya med ue cal year of new ATV models such as the CanAm Outlander two-passenger family and mud-ready models. The increase in revenues includes a favorable foreign exchange rate variation of $12 million. North American Year-Round Products retail sales increased on a percentage basis by midsingle digits compared with the third quarter of Fiscal 2013. PAC (PARTS, ACCESSORIES & CLOTHING) Revenues from PAC increased by $16 million, or 12.5 percent, to $144.3 million for the threemonth period ended Oct. 31, 2013, up from $128.3 million for the corresponding period ended Oct. 31, 2012. The increase is primarily due to a higher volume driven by the increase of Year-Round Products business. The revenue increase includes a favorable foreign exchange rate variation of $5 million. Gross profit increased by $46.5 million, or 26.2 percent, to $223.9 million for the threemonth period ended Oct. 31, 2013, up from $177.4 million for the corresponding period ended Oct. 31, 2012. Gross profit margin percentage increased by 170 basis points to 25.9 percent from 24.2 percent for the threemonth period ended Oct. 31, 2012. The increase in gross profit margin percentage was primarily due to higher volumes in Seasonal Products, a favorable product mix and a favorable foreign exchange rate variation of $12 million. The increase was partially offset by the costs related to the transfer of PWC manufacturing to the Querétaro, Mexico, facility. All financial information is in Canadian dollars. PSB FOREIGN CURRENCY EXCHANGE Ago 12/9/13 1 Month 6 Months Ago Year Ago Annual Price Price%Change Price%Change Price%Change High Low Australian Dollar 1.10 1.07 -3.0% 1.05 -4.1% 0.95 -13.3% 0.95 1.12 British Pound 0.61 0.632.5% 0.645.5% 0.622.3% 0.610.67 Canadian Dollar 1.07 1.05-1.5% 1.02-4.2% 0.99-7.2% 0.98 1.07 Euro 0.73 0.752.8% 0.763.8% 0.776.1% 0.720.78 Indian Rupee 61.10 62.73 2.7% 57.07 -6.6% 54.47 -10.8% 53.12 68.14 Indonesian Rupiah 11,973 11,410 -4.7% 9,805 -18.1% 9,620 -19.6% 9,62011,985 Japanese Yen 103.12 99.08 -3.9% 97.39 -5.6% 82.37 -20.1% 82.34103.51 Malaysian Ringget 3.21 3.18-0.9% 3.09-3.6% 3.06-4.8% 2.96 3.33 Phillipine Peso 44.14 43.19-2.2% 42.24-4.3% 40.95-7.2%40.57 44.76 Singapore Dollar 1.25 1.25-0.2% 1.25-0.3% 1.22-2.3% 1.22 1.28 South Korean Won 1,053 1,065 1.1% 1,117 6.1% 1,082 2.7% 1,053 1,161 Taiwan Dollar 29.57 29.42-0.5% 29.72 0.5% 29.06-1.7%28.95 30.15 Thailand Bhat 32.13 31.39-2.3% 30.63-4.7% 30.68-4.5%28.61 32.40 Note: A positive percent change reflects a weakening of the U.S. dollar and a strengthening of the foreign currency. Source: Wells Fargo Securities LLC P06x07-PSB1-Finance.indd 7 Powersports Business • December 30, 2013 • 7 FINANCE www.PowersportsBusiness.com POWERSPORTS BUSINESS STOCKS POWERSPORTS BUSINESS INDEX COMPONENTS Company Arctic Cat, Inc. ARI Network Services, Inc. Assurant, Inc. Brunswick Corp. General Electric Co. Harley-Davidson, Inc. Honda Motor Corp. ADR Orbital Engine Corp. Ltd. ADR Polaris Industries, Inc. Stock Price PricePercent 52-Week Ticker 12/9/1311/9/13Change High Low ACAT $56.24 $51.89 8.4% $61.13 $32.12 ARIS $3.32 $3.27 1.5% $3.47 $1.30 AIZ $65.21 $59.84 9.0% $66.24 $34.12 BC $46.48 $45.04 3.2% $46.72 $25.69 GE $27.19 $27.05 0.5% $27.50 $20.26 HOG $68.95 $64.26 7.3% $69.06 $46.25 HMC $41.45 $39.62 4.6% $42.96 $32.55 OE $2.33 $2.55 -8.7% $7.00 $2.05 PII $138.80 $127.13 9.2% $139.00 $79.02 DOMESTIC STOCKS OF INTEREST Company ArvinMeritor ADP Bridgestone Corp. ADR Carlisle Companies Cooper Tire & Rubber Dover Corporation Intl. Speedway Corp. Cl. A Deere & Company MarineMax, Inc. Spy Inc. Speedway Motorsports, Inc. Universal Technical Institute Stock Price PricePercent 52-Week Ticker 12/9/1311/9/13Change High Low ARM $7.78 $6.79 14.6% $8.50 $4.11 ADP $79.01 $76.01 3.9% $83.82 $55.99 BRDCY $18.40 $17.31 6.3% $19.17 $12.21 CSL $75.56 $73.04 3.5% $75.70 $56.94 CTB $23.69 $23.82 -0.5% $34.80 $22.34 DOV $91.35 $92.24 -1.0% $93.89 $62.98 ISCA $34.06 $32.93 3.4% $35.77 $26.02 DE $87.20 $81.50 7.0% $95.60 $79.50 HZO $15.61 $16.10 -3.0% $16.95 $8.18 XSPY $1.35 $1.25 8.0% $2.25 $0.50 TRK $19.96 $17.99 11.0% $20.58 $16.01 UTI $14.60 $13.67 6.8% $15.16 $9.49 INTERNATIONAL STOCKS OF INTEREST Company BMW AG BRP, Inc. Kawasaki Heavy Industries KTM Powersports AG Michelin NGK Sparkplug Suzuki Motor Yamaha Motor Yokohama Rubber Stock Price PricePercent 52-Week Ticker 12/9/1311/9/13Change High Low BMW-ETR 82.11 €81.77 € 0.4%85.46 €63.27 € DOO-TSE $27.67 $28.11 -1.6% $29.50 $23.41 7012-TKS 425 ¥ 389 ¥ 9.3% 437 ¥ 187 ¥ KTM-WBO 60.00 €60.00 € 0.0%64.99 €44.00 € ML-PAR77.12 €78.43 € -1.7%84.71 €57.23 € 5334-TKS 2329 ¥ 2231 ¥ 4.4% 2437 ¥ 1028 ¥ 7269-TKS 2621 ¥ 2349 ¥ 11.6% 2919 ¥ 1909 ¥ 7272-TKS 1604 ¥ 1453 ¥ 10.4% 1825 ¥ 902 ¥ 5101-TKS 1025 ¥ 945 ¥ 8.5% 1312 ¥ 555 ¥ Source: Wells Fargo Securities LLC 12/18/13 11:28 AM