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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Off-Road, the leader in off-road vehicle innovation, today unleashed a thrilling content series, featuring four of the world's toughest athletes, including four-time All-Pro wide-receiver Chad “Ochocinco” Johnson, five-time boxing champion Roy Jones Jr., two-time UFC strawweight champion “Thug” Rose Namajunas and veteran UFC fighter Chad “Money” Mendes. At the wheel, piloting a series of extreme joy rides in the Polaris RZR Pro R, is five-time Polaris UTV o

Polaris RZR Introduces the Thrill of the RZR Pro R to Four of the World's Toughest Athletes in New Adrenalized Content Series

PII bottomed at about -30% in late April and has refused to go any lower, even as the market kept falling. If PII grows as analysts expect through 2024 and returns to historical fair value, it could deliver 92% total returns or 31% annually.

Polaris: One Of The Best Bear Market Dividend Aristocrat Bargains You Can Buy

TORONTO, ON / ACCESSWIRE / August 4, 2022 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to report its financial and operating results for the three and six months ended June 30, 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.PolarisREI.com and have been posted on SEDAR at www.sedar.com.

Polaris Renewable Energy Announces Q2 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Off-Road, the world leader in powersports and innovation, today announced its 2023 lineup, comprising a dynamic mix of rider-inspired vehicle updates, fresh new looks, and the expansion of RIDE COMMAND+ -- a mobile-app that builds off its RIDE COMMAND technology to offer industry-first connected vehicle services. “Over the last year, we've accelerated our pursuit to deliver the vehicles and performance our customers ask for. Whether it be the next-level per

Polaris Off-Road 2023 Lineup Highlighted by Rider-Inspired Updates, Dynamic New Trims & Industry-First Connected Vehicle Features

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Polaris (PII) Stock Undervalued Right Now?

Polaris Inc (PII) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Polaris Inc (PII)

Polaris Inc. (NYSE:PII ) Q2 2022 Results Conference Call July 26, 2022 10:00 AM ET Company Participants J.C. Weigelt - VP, IR Mike Speetzen - CEO Bob Mack - CFO Conference Call Participants James Hardiman - Citi Craig Kennison - Baird Anna Glaessgen - Jefferies Gerrick Johnson - BMO Capital Markets Robin Farley - UBS Joe Altobello - Raymond James Joe Spak - RBC Capital Markets Fred Wightman - Wolfe Research John Healy - Northcoast Research Xian Siew - BNP Brandon Rolle - D.A.

Polaris Inc. (PII) CEO Mike Speetzen on Q2 2022 Results - Earnings Call Transcript

The power-sport equipment maker reported a solid second quarter after disappointing investors back in April.

Polaris Earnings Bounce Back. The Shares Rise.

Polaris Inc (PII) delivered earnings and revenue surprises of 15.79% and 1.89%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Polaris Inc (PII) Q2 Earnings Beat Estimates

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII): KEY FINANCIAL DATA   (in millions, except per share data)                 Quarter ending June 30, 2022 Reported   YOY % Chg.     Adjusted*   YOY % Chg. Sales $ 2,062.8     8 %     $ 2,062.8     8 % Gross profit margin   23.0 %   - 303 bps       23.0 %   - 312 bps Total operating expenses $ 291.5     (3 )%           Net income from continuing operations attributable to Polaris $ 141.8     (9 )%     $ 146.6     (11 )% Adjusted EBITDA Margin

Polaris Second Quarter 2022 Earnings Results

Polaris has seen a strong 2021 but soft start to 2022 amidst inflation and equipment shortages. Despite the soft quarter and concerns about softer demand, the company maintained the full year guidance, which clearly entails some risks.

Polaris: Hitting The Short-Term Brakes

Disney

Dick's Sporting Goods

EPR Properties

Expedia

Nucor

Sunrun

Cyclical stocks work around the ebb and flow of the economy. These stocks have held up remarkably well despite the macro-economic headwinds.

7 Best Cyclical Stocks to Buy Now for 2022

Lowe's

Altria

Bear markets are terrifying, exhilarating, and when 80% of long-term fortunes are made. Today some of the world's greatest dividend stocks are table-pounding, Buffett-style "fat pitch" ultra-value buys.

3 Incredible July 4th Dividend Aristocrat Bargains

The aftermarket auto and truck parts business never really panned out for the power sports vehicle maker.

Is Polaris Industries a Buy After Cutting Loose This Unprofitable Business?

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2022 financial results on Tuesday, July 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 Second Quarter 2022 Earnings Conference Call and Webcast

TORONTO, ON / ACCESSWIRE / June 23, 2022 / Polaris Infrastructure Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce that all resolutions were passed at the Company's annual and special meeting of shareholders (the "Meeting") held via live video webcast today. Election of Directors Based on proxies received and a vote by online ballot, all four nominees proposed by management were elected as directors of the Company to hold office until the close of the next annual meeting of the Company's shareholders or until their successors are duly elected or appointed.

Polaris Infrastructure Announces Results of Annual and Special Meeting

Strategic Acquisition Creates a Vertically Integrated Omnichannel Platform for Aftermarket Automotive Parts and Accessories GREENWOOD VILLAGE, Colo. and COMPTON, Calif.

CLEARLAKE CAPITAL-BACKED WHEEL PROS AGREES TO ACQUIRE TRANSAMERICAN AUTO PARTS FROM POLARIS

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII), the global leader in powersports, announced today it has entered into a definitive agreement to sell its Transamerican Auto Parts (TAP) business to Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and in partnership with management. The transacti

Polaris Announces Sale of Transamerican Auto Parts to Clearlake Capital-Backed Wheel Pros

Polaris is one of the best performers in the past few decades, returning 18% per year since 1987. This has changed. Over the past 10 years, the stock has underperformed with a dividend yield somewhere between low yield and high yield.

Pros And Cons Of Buying Polaris For Its Dividend

Proceeds to fund clinical development of Tessa's autologous (TT11) and allogeneic (TT11X) cell therapy programs

Tessa Therapeutics Completes US$126 Million Financing Led by Polaris Partners

Blackrock Inc

Comcast

Compass Minerals

The U.S. stock market has been rocky since the start of the year with high volatility as it comes to terms with high inflation, rising interest rates and post-pandemic dislocation. However, every dark cloud has a silver lining.

4 Wide-Moat Stocks Trading With Margins of Safety

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII), the global leader in powersports who has been helping people discover new possibilities in the outdoors for more than 65 years, today announced initiatives to inspire people to get outside on National Get Outdoors Day, June 11. 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. “Whether you are looking to explore, find an escape,

Polaris is ‘Betting on a Sunny Day' for National Get Outdoors Day

MINNEAPOLIS--(BUSINESS WIRE)--In its continued quest to make the outdoors more accessible to all, Polaris Adventures, the experience business of global powersports leader Polaris Inc. (NYSE: PII), announces the national expansion of its monthly membership program, Polaris Adventures Select. Members now have open access to get outside and explore their own cities or bucket list destinations across the country in a new way: exploring the outdoors off-roading, touring the city in an open-aired Sli

Endless Adventure Coast to Coast: Polaris Adventures Select Membership Program Expands Nationwide

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII) announced today that it will present at the Baird 2022 Global Consumer, Technology & Services Conference in New York City on Tuesday, June 7, 2022. Bob Mack, Polaris Chief Financial Officer will provide a brief overview and answer questions about the Company beginning at 12:50 p.m. Eastern Time. To access the live webcast and slide presentation, visit the Polaris Investor Relations website on the day and time of the meeting at ir.polari

Polaris Inc. to Present at the Baird 2022 Global Consumer, Technology & Services Conference

Airbnb

Ford Motor Company

JPMorgan Chase & Co

KB Home

Visa

Zoom Video

The market seems to be in an unending downward spiral. However, these bull market stocks could recover faster than people expect.

News for Polaris Stock (PII)