Textron Inc. (NYSE:TXT) shares are trading lower on Wednesday following the announcement that it is pursuing strategic alternatives for its Powersports product line within its Industrial segment.
The 'indefinite pause' at Arctic Cat and other brands is slated for mid-2025. The Providence-based Textron (NYSE: TXT) plans to "indefinitely pause production" of its powersports products amid ...
Textron to pause powersports production indefinitely by mid-2025, following soft consumer demand in the sector. Textron expects $30M-$40M inventory charge and increased restructuring costs ...
Textron (NYSE:TXT) fell 2.5% on Wednesday morning after the industrial conglomerate said it will halt production of powersports products. It also said it was pursuing strategic alternatives for ...
Textron announced today it will pause production of its powersports products within its Textron Specialized Vehicles (TSV) business, citing continued soft consumer demand. The company is also ...
Textron said it will pause production of powersports products and was pursuing strategic alternatives for the business unit as demand for all-terrain vehicles and similar goods remains soft.
The maker of aviation, defense and other industrial products said Wednesday in a securities filing that output of powersports products such as snowmobiles and ATVs from the industrial segment’s ...
Textron Inc. (NYSE:TXT) shares are trading lower on Wednesday following the announcement that it is pursuing strategic alternatives for its Powersports product line within its Industrial segment. The ...
(Reuters) - Textron is exploring strategic alternatives for its Powersports product line due to persistent weak demand, the Cessna jet maker said on Wednesday. The Powersports unit, which is part ...
The Minnesota powersports manufacturing company Arctic Cat will be closing its St. Cloud facility next year, its parent company Textron Inc. confirmed. The company will pause its powersports ...