Textron Weighs Alternatives for Powersports Product Line-January 2024-www.financetom.com

Textron Weighs Alternatives for Powersports Product Line

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Textron Weighs Alternatives for Powersports Product Line

Dec 18, 2024 8:28 AM

11:04 AM EST, 12/18/2024 (MT Newswires) -- Textron ( TXT ) is looking into strategic alternatives for its powersports product line, according to a regulatory filing Wednesday.

The company said its specialized vehicles business has started to pause production of its powersports products as management weighs options. Powersports products will be paused indefinitely in the first half of 2025 after customer commitments are fulfilled, the filing said.

Price: 79.09, Change: -0.98, Percent Change: -1.23

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