Wedbush Cuts Price Target on Polaris Industries (PII) Following 3Q Report
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/24/2024
- Wall St slips as higher yields offset upbeat corporate earnings
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices fall as U.S. business activity cools, concerns over Middle East ease
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Polaris Reports 2016 Third Quarter Results
October 25, 2016 6:00 AM EDTHighlights:
Motorcycle retail sales increased high-single digits percent, and as expected, ORV retail sales were down high-single digits during the quarter. Total Company North American retail sales were down nine percent for the quarter, in-line with expectations.
ORV dealer inventory was down 16%, year-over-year. Total dealer inventory was down 10%.
Third quarter results included expenses totaling approximately $65 million for increased warranty, legal and other costs associated with product recall activity.
Announced acquisition of Transamerican Auto Parts (TAP) to bolster leadership position in a growing off-road aftermarket space.
Narrowing full year... More
Investor Update: Glancy Prongay & Murray LLP Announces an Expanded Class Period in the Securities Class Action Lawsuit Pending Against Polaris Industries Inc.
October 24, 2016 10:11 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP (GPM)Â announces that it has filed a complaint expanding the class period in the class action lawsuit filed in the United States District Court for the District of Minnesota on behalf of a class (the Class) of investors who acquired Polaris Industries Inc. (Polaris or the Company) (NYSE:... More
