Question-and-Answer Session
Operator
(Operator Instructions).
Tom Tiller
We are ready to begin Tanai.
Operator
Your first question comes from the line of Hayley Wolff.
Hayley Wolff - Rochdale Securities
Hello?
Tom Tiller
Yes. Go ahead.
Hayley Wolff - Rochdale Securities
Hi there, I have a few questions. First, can we have a little more detail on ATV inventories, wholesale versus retail shipment trends into the fourth quarter and '08? Are you at equilibrium, and if not, when do you expect to achieve equilibrium there?
Second, can you characterize the sales patterns on a month-to-month basis and into November, just to try and get a read on the consumer behavior throughout the quarter?
And lastly, the guidance that you, the long-term guidance of $4.25 in 2009, is that still a valid number, and if so, do you see a steady increase to get to that number or is there something that would lead to a step up in your rate of growth in '09 vis-à-vis '08? And that's it.
Tom Tiller
Okay, thank you. I think with regard to the wholesale and retail ATV trends, just in the interested time, I think we covered almost all of that in the prepared remarks in terms of what's going on for the industry, what's going on for us, what's going on our market share. I would say that the inventory is about balance.
You have individual dealers, individual models, and those kinds of things. But certainly the vast majority of the inventory reduction is behind us at this point. I think again, in my prepared remarks, we've talked about unit inventory of ATVs at dealership is down by -- in excess of 25%, compared to the same time last year. So, I would refer most of that to the prepared remarks rather than just repeating it in the interest of time.
Hayley Wolff - Rochdale Securities
So, you are [flowing] product in and at the same rate that it's going out now?
Tom Tiller
More or less, yeah. With regard to month-to-month guidance on retail trends, that's nothing that we provide, we simply don't do that. We would expect, for the full year that the industry will continue to be down, probably about 10%. And I would expect that we will continue to gain market share.
As I said in my prepared remarks that we are down year-to-date about 6%, I would say that, I would expect to end the full year materially in those same kinds of numbers. They may change a little bit, but no big change.
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