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.

The heavy selling pressure might have exhausted for Polaris Inc (PII) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -16.32% in 4 Weeks, Here's Why You Should You Buy the Dip in Polaris Inc (PII)

After losing some value lately, a hammer chart pattern has been formed for Polaris Inc (PII), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why Polaris Inc (PII) Looks Ripe for Bottom Fishing

Highlights Include the Return of Polaris Sportsman 570 and XP 1000 Hunt Editions, Along with a Host of  Aesthetic and Performance Upgrades Across the Lineup MINNEAPOLIS , July 31, 2023 /PRNewswire/ -- On the heels of debuting its innovative Polaris XPEDITION and the all new Extreme Duty RANGER XD 1500,  Polaris Off Road today unveiled updates for 2024 to the off-road industry's most expansive lineup. The 2024 lineup features a host of rider-inspired updates and refreshed styling and new colors.

POLARIS OFF ROAD STAYS ON THE GAS WITH 2024 LINEUP, FEATURING RIDER-INSPIRED UPDATES & REFRESHED STYLES FOR ITS INDUSTRY-LEADING RANGE OF SIDE-BY-SIDES AND ATVS

Introducing the industry's first-ever utility side-by-side with a 1500cc 3-cylinder engine for more power to make tough jobs easier and the industry's only STEELDRIVE transmission for greater durability MINNEAPOLIS , July 31, 2023 /PRNewswire/ -- Polaris Off Road, the global leader in powersports and off-road innovation, is once again breaking new ground with the industry's first extreme duty utility side-by-side: the all-new RANGER XD 1500 . With its unprecedented capability, brute strength and unmatched comfort, the new extreme duty class of RANGER side-by-sides are engineered with the first-ever ProStar 1500cc 3-cylinder engine that offers an industry-leading 110 horsepower, the industry-exclusive STEELDRIVE automatic transmission for greater durability and precise control, and over 70 new accessories for enhanced customization, highlighted by Polaris' exclusive Lock & Ride MAX system.

POLARIS EXPANDS ITS RANGER LINEUP WITH THE ALL-NEW RANGER XD 1500, AN ENTIRELY NEW CLASS OF EXTREME DUTY UTILITY SIDE-BY-SIDES

Polaris Inc. (NYSE:PII ) Q2 2023 Earnings Conference Call July 25, 2023 10:00 AM ET Company Participants J.C. Weigelt - Head, IR Mike Speetzen - CEO Bob Mack - CFO Conference Call Participants Craig Kennison - Baird James Hardiman - Citi Noah Zatzkin - KeyBanc Capital Markets Fred Wightman - Wolfe Research Joe Altobello - Raymond James Arpine Kocharian - UBS Tristan Thomas-Martin - BMO Capital Markets David MacGregor - Longbow Research Jamie Katz - Morningstar Xian Siew - BNP Paribas Brandon Rolle - D.A.

Polaris Inc. (PII) Q2 2023 Earnings Call Transcript

Polaris Inc (PII) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $2.42 per share a year ago.

Polaris Inc (PII) Q2 Earnings and Revenues Beat Estimates

MINNEAPOLIS , July 25, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) reported second quarter 2023 financial results today through an earnings release posted on the Company's Investor Relations website at ir.polaris.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and is available at sec.gov.

Polaris Inc. Second Quarter 2023 Financial Results Available on Company's Website

I remain cautious on Polaris Inc. despite its shares returning about 22.4% in the past six months, due to concerns over the company's deteriorating capital structure and rising interest expenses. The company's recent financial results show an 11.4% increase in revenue and 62% rise in net income year-on-year, but obligations have risen by 8.6% to over $2.1 billion, causing a 140% increase in interest expenses.

Still Happily Avoiding Polaris

Projects in Arizona, Colorado, and Vermont will receive financial support MEDINA, Minn. , July 11, 2023 /PRNewswire/ -- Today, Polaris Inc.  (NYSE: PII), a global leader in powersports, in partnership with the National Forest Foundation (NFF) announced the 2023 recipients of the Polaris Fund for Outdoor Recreation grants.

Polaris Inc. and The National Forest Foundation Announce Recipients of 2023 Polaris Fund for Outdoor Recreation Grants

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Seven-Time PRCA World Champion Stetson Wright Joins Team Polaris Rodeo MINNEAPOLIS , June 27, 2023  /PRNewswire/ -- Polaris Off Road , the global leader in powersports and off-road innovation, has announced its 2023 Texas Rodeo Tour, including a presence at seven marquee events in the heart of rodeo country, and unveiled the 2023 Team Polaris rodeo athletes. Headlining Team Polaris in 2023 is their newest signee, 23-year-old and seven-time Professional Rodeo Cowboys Association (PRCA) World Champion Stetson Wright.

POLARIS ANNOUNCES 2023 TEXAS RODEO TOUR AND TEAM POLARIS RODEO ATHLETES

MINNEAPOLIS , June 27, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2023 financial results on Tuesday, July 25, 2023, and will hold a conference call and webcast at 9:00 AM 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.

Polaris Schedules Second Quarter 2023 Earnings Conference Call and Webcast

The "Homestead Hero," A Custom RANGER XP 1000 Outfitted with A Host of Polaris Engineered Accessories & Premium Outdoor Power Tools, Will Be Given Away to One Lucky Consumer MINNEAPOLIS , June 22, 2023 /PRNewswire/ -- While owning land is no doubt an American dream, maintaining that property can sometimes become a time-consuming job. It's with that in mind that Polaris created the "Homestead Hero", a campaign focused on highlighting how Polaris RANGER, the No.

POLARIS OFF ROAD CELEBRATES HARDWORKING LANDOWNERS WITH HOMESTEAD HERO CAMPAIGN

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Apple enjoys a strong following and has just released its first major product in the past decade. Polaris makes power sports vehicles and has seen its dividend rise without fail over 27 years.

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The powersports leader inspires consumers to #THINKOUTSIDE in new and unique ways MINNEAPOLIS , June 7, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII), the global leader in powersports, is encouraging people to get outside this National Get Outdoors Day – June 10 – and throughout June in celebration of National Great Outdoors Month. Polaris offers a range of products and experiences designed to help people get outside, from off-road vehicles and snowmobiles, to pontoons, motorcycles and more.

Polaris Celebrates National Get Outdoors Day and National Great Outdoors Month This June

Polaris is a market leader in powersports vehicles and is a beneficiary of its name recognition. PII stock expects new product launches and healthier inventory levels to drive market share gains throughout the year, despite currency headwinds and a more promotional selling environment. At current trading levels, I view the stock as attractive due to its strong market share gains and its promising outlook for the remainder of the year.

Polaris: Built For A Rocky Macro Terrain

Polaris is a market leader in the vehicle parts/discretionary sector, but its valuation should be carefully considered due to mixed demand signals and production inefficiencies. The company's 1Q23 results showed a 22% increase in sales and a 55% increase in adjusted EPS, but operating expenses and input costs remain a challenge. Polaris is expected to outperform its peers in the long run, but investors should avoid paying a premium for the stock.

Polaris: A Tricky Prospect At This Valuation, But Still A Buy

Branden Sims and Kristen Matlock Round Out Podium Finishing Second and Third Respectively, Behind the Wheel of the Polaris RZR Pro R MINNEAPOLIS , June 5, 2023 /PRNewswire/ -- This past weekend, the Polaris Factory Racing team took on the 55th running of the SCORE Baja 500, with Brock Heger putting forth a masterful performance behind the wheel of his RZR Pro R Factory, racing unchallenged to secure the UTV Overall and UTV Open Class victories. This marks the team's second consecutive victory over the course of its first two races.

POLARIS FACTORY RACING DRIVER BROCK HEGER DOMINATES 2023 BAJA 500, SECURING UTV OPEN CLASS AND UTV OVERALL VICTORIES

MINNEAPOLIS , June 1, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will present at the Baird 2023 Global Consumer, Technology & Services Conference in New York City on Wednesday, June 7, 2023.  Chief Financial Officer Bob Mack will make a formal presentation and answer questions about the Company at 2:35 p.m.

Polaris Inc. to Present at The Baird 2023 Global Consumer, Technology & Services Conference

Polaris' drives new possibilities for all who play, work and THINK OUTSIDE MINNEAPOLIS , May 18, 2023 /PRNewswire/ -- Today, Polaris Inc. (NYSE: PII) released its 2022 Geared For Good Environmental, Social and Governance (ESG) Report, highlighting the Company's progress across the four pillars of its Geared For Good ESG framework: THINK PRODUCT, THINK PRODUCTION, THINK PLACES AND THINK PEOPLE. The report details the ways Polaris works to be a good steward for its industry, employees, riders, communities and the outdoors.

Polaris Announces New 2035 Goals in its 2022 Geared For Good Report

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From Camping & Kayaking to Mountain Biking, Hiking & Beyond, Polaris XPEDITION is Designed to Go Deeper Into the Backcountry & Carry the Gear, Whatever the Adventure May Be Adaptable, Comfortable & Capable, All-New Adventure Vehicle Offers 114-Horsepower Engine, FOX® Suspension, Available Heating & Air Conditioning, Five-Seat Configuration, 200+ Mile Fuel Range* & Polaris' Widest Range of Accessories MINNEAPOLIS , May 16, 2023 /PRNewswire/ -- Polaris Off Road , the leader in off-road vehicle innovation, is once again driving the industry forward with a first-of-its-kind side-by-side platform – the all-new Polaris XPEDITION. The 2024 Polaris XPEDITION XP and ADV create an entirely new category of "adventure side-by-sides," combining the all-terrain capabilities of traditional side-by-sides with comfort and cargo capabilities typically associated with overlanding at the highest level.

POLARIS CARVES A NEW PATH FOR SIDE-BY-SIDES & OUTDOOR ADVENTURE WITH POLARIS XPEDITION - A FIRST-OF-ITS-KIND ADVENTURE VEHICLE THAT ELEVATES OUTDOOR PURSUITS

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Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

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