Polaris

Polaris Inc. engages in designing, engineering, and manufacturing power sports vehicles. It operates through three segments: Off-Road, On-Road and Marine. Its product line-up includes the Polaris RANGER, RZR, and Polaris GENERAL side-by-side off-road vehicles, Sportsman all-terrain off-road vehicles, military and commercial off-road vehicles, snowmobiles, Indian Motorcycle mid-size and heavyweight motorcycles, Slingshot moto-roadsters, Aixam quadricycles, Goupil electric vehicles, and pontoon and deck boats, including Bennington pontoons. The company was founded by Allen Hetteen, Edgar E. Hetteen, and David Johnson in 1954 and is headquartered in Medina, MN.

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Polaris reports record Q4 earnings, eyes growth through innovation

Polaris delivered strong performance in Q4 2022, achieving record sales and earnings despite challenges. The company's focus on core powersports and safety, along with investments in R&D, positions it well for growth.
While facing industry challenges and headwinds, Polaris remains optimistic about 2023, expecting sales growth driven by new products. The company's strategic investments and focus on margins and market share are key strengths.
To capitalize on opportunities, Polaris plans to enhance PG&A attachment rates, invest in capacity, and optimize cost savings. Overcoming challenges and leveraging strengths will be crucial for sustained success.

Polaris excels in Q1 2023, poised for growth and innovation

Polaris Inc. reported robust Q1 2023 performance with sales growth and margin expansion.
The company faces challenges from operational inefficiencies and external cost pressures.
However, Polaris remains well-positioned with strong partnerships, product innovation, and growth opportunities.
Overall, Polaris' strategic focus on market share, efficiency, and product excellence bodes well for future success.

Polaris reports 7% sales growth in Q2 amidst margin pressures

Polaris' Q2 performance showed sales growth but flat adjusted EPS due to margin pressures. Despite challenges in margins and dealer frustrations, the company remains optimistic about market share gains and product innovation. Opportunities lie in improving operational efficiencies and addressing interest rate challenges.

Polaris faces Q3 challenges, focuses on efficiency for growth

Polaris faced challenges in Q3 2023 with lower-than-expected results due to manufacturing costs and cautious consumer sentiment, impacting margins and guidance.
Despite challenges, Polaris demonstrated strength by gaining market share, achieving record PG&A results, and focusing on innovation and efficiency for future growth.
Efforts to address manufacturing inefficiencies, optimize inventory, and introduce new products present opportunities for improved performance and profitability in the near term.
Overall, Polaris remains confident in its ability to deliver strong results, navigate uncertainties, and drive long-term success through strategic decisions and operational improvements.

Polaris faces Q4 challenges, plans cost savings and innovation

Polaris faced challenges in Q4 but achieved record innovation and cash flow in 2023. Expecting sales decline in 2024 with a focus on cost savings and operational efficiencies. Opportunities lie in new product shipments, margin expansion, and managing inventory levels.

Polaris beats Q1 expectations, focuses on cost management and innovation

Polaris faces challenges from high dealer inventory levels and market pressures but is leveraging new product innovation and cost management to drive growth. The company is actively managing inventory to optimize costs and maintain dealer relationships. Opportunities for margin expansion and market share gains through operational improvements and customer-focused strategies.

Polaris (PII) Q3 Earnings: Sales Drop, Focus on Efficiency and Innovation

Polaris faced sales decline and margin pressure in Q3 due to competitive and economic factors.
The company is strategically reducing inventory, focusing on efficiency, and investing in R&D.
Challenges in the retail environment persist, but Polaris aims to emerge stronger from the cycle.
Operational improvements and innovation key to navigating current market challenges.

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Polaris Inc. engages in designing, engineering, and manufacturing power sports vehicles. It operates through the following segments: Off-Road, On-Road, and Marine. The Off-Road segment includes off-road vehicles (ORV) and snowmobiles. The On Road segment is involved in the design and manufacture of motorcycles, motorbikes, light duty hauling, and passenger vehicles. The Marine segment focuses on the design and manufacture of boats. The company was founded by Edgar E. Hetteen, Allan Hetten, and David Johnson in 1954 and is headquartered in Medina, MN.

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MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII) announced today that Ben Duke has been named president of Marine.

Polaris Names Ben Duke President of Its Marine Business

TORONTO, ON / ACCESSWIRE / May 5, 2022 / Polaris Infrastructure Inc. (TSX:PIF) ("Polaris Infrastructure" or the "Company"), is pleased to report its financial and operating results for the three-months period ended March 31, 2022. This earnings release should be read in conjunction with Polaris Infrastructure's consolidated financial statements and management's discussion and analysis, which are available on the Company's website at www.polarisinfrastructure.com and have been posted on SEDAR at www.sedar.com.

Polaris Infrastructure Announces Q1 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--The Polaris RZR Factory Racing team, presented by Progressive Insurance, had an incredible finish in the Nevada desert this past Saturday at the 2022 Best In The Desert Jimco Racing Silver State 300. Mitch Guthrie Jr. shocked the competition as he finished second overall and second in the 1500 Unlimited Buggy class competing in an all-new RZR Pro R. Guthrie faced stiff competition, as he was slated against 35 other unlimited cars and trucks, and more than 100 UTVs.

Polaris RZR Factory Racing's Mitch Guthrie Jr. Scores Impressive Second Overall in 1500 Unlimited Buggy Class and First UTV in All-New RZR Pro R

Polaris Inc. (NYSE:PII ) Q1 2022 Earnings Conference Call April 26, 2022 10:00 AM ET Company Participants J.C. Weigelt - Vice President of Investor Relations Mike Speetzen - Chief Executive Officer Bob Mack - Chief Financial Officer Conference Call Participants Craig Kennison - Baird Joe Altobello - Raymond James James Hardman - Citi Fred Wightman - Wolfe Research Gerrick Johnson - BMO Capital Markets Robin Farley - UBS Joseph Spak - RBC Capital Markets Xian Siew - BNP Paribas Exane David MacGregor - Longbow Research Jaime Katz - Morningstar Operator Good day, and welcome to the Polaris First Quarter Earnings Call and Webcast.

Polaris Inc. (PII) CEO Mike Speetzen on Q1 2022 Results - Earnings Call Transcript

Polaris Inc (NYSE: PII) reported first-quarter FY22 sales of $1.96 billion, missing the consensus of $2.12 billion. Sales for the quarter remained relatively flat to last year, impacted by continued supply chain pressures.

Why Are Polaris Shares Trading Lower Today

Polaris Inc (PII) delivered earnings and revenue surprises of -26.70% and 6.70%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Polaris Inc (PII) Misses Q1 Earnings and Revenue Estimates

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Investors have been hankering for relief from the recent declines.

GE, Polaris Weigh on the Stock Market's Recovery Attempt

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII): KEY FINANCIAL DATA   (in millions, except per share data)                 Quarter ending March 31, 2022 Reported   YOY % Chg.     Adjusted*   YOY % Chg. Sales $ 1,956.8     — %     $ 1,956.8     — % Gross profit margin   20.3 %   - 438  bps       20.3 %   - 447  bps Total operating expenses $ 312.9     — %           Net income attributable to Polaris $ 69.9     (48 )%     $ 79.2     (46 )% Adjusted EBITDA           $ 164.5     (34 )% Dilut

Polaris First Quarter 2022 Earnings Results

MINNEAPOLIS--(BUSINESS WIRE)--Today, Polaris Inc. (NYSE: PII), announced it donated nearly $120,000 to off-road (ORV), utility-terrain (UTV) and all-terrain vehicles (ATV) organizations across the United States as a part of its ongoing T.R.A.I.L.S. Grant Program. The 13 nonprofit organizations that were awarded a Spring 2022 T.R.A.I.L.S. grant received awards ranging from $6,000 to $10,000. The grants will support the development, improvement and expansion of trails, and help to educate riders

Polaris Donates Nearly $120,000 to Off-Road Organizations with T.R.A.I.L.S. Grants

NEW YORK--(BUSINESS WIRE)--Polaris Slingshot, the show-stopping, adventure-seeking three-wheel open-air motorcycle has announced that, beginning April 20, drivers in New York can operate a Slingshot with a standard D-class driver's license, instead of the previously required motorcycle endorsement. The state of New York has both reclassified the three-wheeled motorcycle as a three-wheeled motor vehicle (often referred to as “autocycle”) and provided operator licensing requirements similar to ne

Polaris Slingshot Reclassified in the State Of New York

MINNEAPOLIS--(BUSINESS WIRE)--Outdoor adventure lovers now have more ways and more reasons to explore the Midwest as Polaris Adventures, the outdoor experience arm of global powersports leader Polaris Inc. (NYSE: PII), expands their new pay-by-the-month membership program. Polaris Adventures Select provides access to the best of the Polaris product portfolio including on-road vehicles, off-road vehicles, snowmobiles and pontoons at participating Polaris Adventures Outfitter locations. Beginning

Adventure More in the Midwest: Polaris Adventures Select Membership Program Expands to Four New States

Is Polaris (PII) a great pick from the value investor's perspective right now? Read on to know more.

Is Polaris (PII) a Worthy Pick for Value Investors?

MINNEAPOLIS--(BUSINESS WIRE)--As female participation in powersports has continued to grow over the last decade, Polaris Inc.(NYSE: PII) is once again celebrating International Female Ride Day (IFRD) to help spotlight women riders in the powersports arena and further celebrate and accelerate the participation of women in powersports. The 16th annual IFRD is scheduled for May 7, when women in over 120 countries ride their motorcycles, off-road vehicles, snowmobiles, boats, or other powersports v

Polaris Celebrates International Female Ride Day® to #FocusFemaleForward

Polaris could deliver decades of aristocrat and market-beating returns that could be your ticket to retiring in safety and splendor.

Polaris: A 42% Undervalued Dividend Aristocrat Set For Strong, Long-Term Growth

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MINNEAPOLIS--(BUSINESS WIRE)--The Polaris RZR Factory Racing team put together an impressive performance at the 35th running of the King Shocks SCORE San Felipe 250, with Wayne Matlock taking the overall win in the new RZR Pro R and Polaris sweeping the top three Pro UTV classes. The Polaris Factory Team commanded the field as Matlock dominated the Pro Open class in route to the overall victory, while Justin Lambert took second overall and first in the Pro Turbo Class. Finishing the day was Joe

Polaris RZR Factory Racing Wins Big at the 2022 San Felipe 250

QUIMPER, France & PARIS--(BUSINESS WIRE)--Polaris, a pioneer in Omega3 and leader in fatty acids with high concentrations of EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid), which play a key role in cardiovascular, brain health and help to reinforce the immune system, has announced that it is raising €5 million, led by Seventure Partners, via its Health for Life Capital™ fund. This funding will allow the company which operates in Japan, South Korea and recently the United States, to

FoodTech – Micro algae- Omega3: Polaris Raises €5 Million to Support Its Strong Growth

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII) announced today that it will release its first quarter 2022 financial results on Tuesday, April 26, 2022, and will hold a conference call and webcast at 9:00 a.m. central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, Chief Executive Officer and Bob Mack, Chief Financial Officer. A slide presentation and webcast link will be posted on the Polaris Investor Relations website at ir.polaris.com. To listen

Polaris Schedules First Quarter 2022 Earnings Conference Call and Webcast

Polaris Inc (PII) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Polaris Inc (PII) Stock Jumps 3.6%: Will It Continue to Soar?

TORONTO, ON / ACCESSWIRE / March 17, 2022 / All amounts in USD unless otherwise stated) - Polaris Infrastructure Inc. (TSX:PIF) ("Polaris" or the "Company"), announced today that it has: signed a Share Purchase Agreement ("SPA") for an operational run-of-river hydro project in Ecuador; and closed an acquisition of two construction ready solar projects in Panama Ecuador - Hydro The SPA is for an operating run-of-the-river hydro project with a capacity of 6.3 MWs. The project is located along the Cubi River in San Jose de Minas, Ecuador and has been operating since June 2020 (the "Hydro Project").

Polaris Infrastructure Announces Acquisitions in Ecuador and Panama

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #E911--Polaris Wireless, a market leader of high accuracy software-based wireless location solutions, today announced it has signed License Agreements with two cellular device manufacturers for the integration of the company's FCC-compliant E911 Z-axis location solution. Nationwide U.S. wireless carriers must begin locating emergency callers within 3 meters vertically (floor level accuracy) by April 3, 2022, a level of accuracy the company's technology has been

Polaris Wireless Signs Two Commercial Agreements for E911 Z-axis Location

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In light of advancements in driverless vehicles, five vehicles and parts companies with high business quality and high guru ownership as of the fourth quarter of 2021 are Lithia Motors Inc. ( LAD , Financial), Copart Inc. ( CPRT , Financial), Winnebago Industries Inc. ( WGO , Financial), Polaris Inc. ( PII , Financial) and Standard Motor Products Inc. ( SMP , Financial) according to the All-in-One Screener, a Premium feature of GuruFocus.

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MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. Introduces the Empowersports Diverse Riding Council, Aimed to Expand and Elevate Multicultural Perspectives and Insights in Powersports.

Polaris Inc. Introduces the Empowersports Diverse Riding Council, Aimed to Expand Powersports and Elevate Multicultural Perspectives and Insights in Powersports

MINNEAPOLIS & SANTA CRUZ, Calif.--(BUSINESS WIRE)--Fast Company recognized Polaris and Zero Motorcycles as one of the most innovative joint ventures on its 2022 World's Most Innovative Companies list.

News for Polaris Stock (PII)