About the Company
Polaris Inc. is an American automotive manufacturer headquartered in Medina, Minnesota, United States. Polaris was founded in Roseau, Minnesota, where it still has engineering and manufacturing facilities. The company manufactured motorcycles through its Victory Motorcycles subsidiary until January 2017, and currently produces motorcycles through the Indian Motorcycle subsidiary, which it purchased in April 2011. Polaris produced personal watercraft from 1994 to 2004. The company was originally named Polaris Industries Inc. and was renamed in 2019 to Polaris Inc. Robin (a subsidiary of Subaru Corporation) previously developed and supplied all-terrain vehicle (ATV) and snowmobile engines for Polaris Inc. Starting in 1995 with the Polaris Magnum 425 4-stroke ATV and in 1997, with the introduction of the "twin 700" snowmobile engine Polaris started the development and production in house of the "Liberty" line of engines, now found in many models across their current production lines. Since that time Polaris has continued to develop their in-house engine production capacity, now designing and manufacturing all of their own power plants, while maintaining the partnership with Subaru. In 2010, Polaris relocated a portion of its utility and sport vehicle assembly to Mexico. Components are manufactured in Osceola, Wisconsin and the vehicle assembly is done in Roseau, Minnesota. The vast majority of powertrain and vehicles for the off-road line are manufactured in the Osceola and Roseau facilities, respectively. Both the Victory and Indian motorcycle brands are American made with complete powertrains and vehicle assembly located in Osceola, Wisconsin, and Spirit Lake, Iowa, respectively.
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Latest $PII News
Polaris down 10 percent in North America in Q1 (but up 3 percent excluding snowmobiles)
Polaris Inc. reported that worldwide sales were $1.7 billion in the first quarter (Q1) of 2024, down 20 percent from Q1 2023.
Polaris Reports Mixed Q1, CEO Touts Competitive Product Portfolio, Cautions On Uncertain Macro Environment
Polaris Inc. (NYSE:PII) on Tuesday reported first-quarter adjusted earnings per share of 23 cents, beating the analyst ...
Polaris Inc. (NYSE:PII) Q1 2024 Earnings Call Transcript
Polaris Inc. (NYSE:PII) Q1 2024 Earnings Call Transcript April 23, 2024 Polaris Inc. beats earnings expectations. Reported ...
Polaris First Quarter 2024 Earnings: EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Looking ahead, revenue ...
'Like a head coach stepping down mid-season' — CNH Industrial CEO resigns at critical juncture
The CEO of CNH Industrial, which runs a major plant in Racine County, abruptly resigned and will depart this summer after a ...
RBC Capital Keeps Their Hold Rating on Polaris (PII)
RBC Capital analyst Sabahat Khan reiterated a Hold rating on Polaris (PII – Research Report) yesterday and set a price target of $97.00.
Polaris Inc (PII) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2024, Polaris Inc (PII) reported revenue of $1.74 billion, down 20.3% over the same period last year. EPS came in at $0.23, compared to $2.05 in the year-ago quarter. The ...
Polaris Q1 Net Income Declines, Reiterates 2024 Sales, Adjusted Earnings Guidance
Polaris Inc. (PII) reported that its first quarter net income attributable to Polaris declined to $3.8 million from $113.4 million, ...
Polaris Inc: Q1 Earnings Snapshot
MEDINA, Minn. — MEDINA, Minn. — Polaris Inc. (PII) on Tuesday reported first-quarter net income of $3.8 million. On a per-share basis, the Medina, Minnesota-based company said it had profit of 7 cents ...
Polaris donates over $130,000 to off-road and snow organizations
More than $3.5 million in TRAILS GRANTS has been provided to ATV, off-road and snowmobiling organizations across the U.S. and ...
Polaris reports mixed Q1 results; reaffirms FY24 outlook
Q1 Non-GAAP EPS of $0.23 beats by $0.14. Revenue of $1.74B (-20.2% Y/Y) misses by $10M. Polaris reiterated full year 2024 company sales and ...
Polaris, Inc. (PII) Q1 2024 Earnings Call Transcript
Polaris, Inc. ( NYSE: PII) Q1 2024 Earnings Conference Call April 23, 2024 10:00 AM ET J.C. Weigelt - Vice President of Investor Relations Michael Speetzen - Chief Executive Officer Robert Mack - ...
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