Polaris Inc. is a prominent manufacturer and supplier of a diverse range of motorized recreational vehicles and related products
The company is well-known for its innovative offerings in segments such as all-terrain vehicles (ATVs), snowmobiles, and side-by-side vehicles, appealing to outdoor enthusiasts and adventure seekers. In addition to its flagship vehicles, Polaris also produces motorcycle brands and offers accessories, parts, and apparel to enhance the riding experience. With a focus on performance, safety, and sustainability, Polaris is committed to enriching the lives of its customers through the thrill of outdoor recreation.
Most consumer discretionary businesses succeed or fail based on the broader economy. Lately, it seems like demand trends have worked in their favor as the industry has returned 15.5% over the past six months,
outpacing S&P 500 by 6.6 percentage points.
Wall Street bounced back after President Donald Trump and Mexican President Claudia Sheinbaum agreed to a one-month suspension of tariffs following Mexico's pledge to bolster its military presence at the northern borde
Shares of off-Road and powersports vehicle corporation Polaris (NYSEPII)
fell 8.3% in the morning session after the company reported underwhelming fourth-quarter results. Polaris exceeded analysts' revenue expectations, but it is worrisome that sales declined over 20% year-on-year. Management cited "lower volume due to planned reductions in shipments as we actively managed dealer inventory in a subdued retail environment." EBITDA also missed. Looking ahead, the company guided to meaningful declines in EPS in 2025 compared to 2024, missing expectations. Overall, this quarter was weak.
Off-Road and powersports vehicle corporation Polaris (NYSEPII) announced better-than-expected revenue in Q4 CY2024, but sales fell by 24.1% year on year to $1.76 billion. Its non-GAAP profit of $0.92 per share was 1.9% above analysts’ consensus estimates.
Polaris reported a 23% drop in Q4 sales to $1.75 billion, surpassing analyst expectations. The decline was driven by planned reductions in shipments amidst a sluggish retail environment.
Off-Road and powersports vehicle corporation Polaris (NYSEPII)
will be announcing earnings results tomorrow before market open. Here’s what to look for.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Smith & Wesson (NASDAQSWBI) and the best and worst performers in the leisure products industry.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the leisure products industry, including Polaris (NYSEPII) and its peers.
There are many ways to measure high-quality stocks. One way for investors to find great dividend stocks is to focus on those with the longest histories of raising dividends.
Polaris’s stock price has taken a beating over the past six months, shedding 23% of its value and falling to $59.58 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Every earnings season, there is something odd that emerges. This time around, one of the most intriguing things is the difference in fortunes seen by companies that are supposed to be sensitive to the interest rate environment.
