Investing.com -- Polaris Inc. (NYSE: PII) shares jumped 10% Thursday following the company’s statement that recent tariff policy changes will not materially impact its 2026 financial guidance provided on March 3.

The powersports manufacturer said it expects the tariff changes, excluding potential refunds, to have no material effect on its full-year outlook. The announcement comes after competitor BRP Inc. (NASDAQ: DOO) suspended its fiscal 2027 guidance Wednesday due to U.S. tariff policy changes, which had sent Polaris shares lower.

Polaris noted its position as the only major powersports company headquartered in the United States, with significant domestic manufacturing operations. The company operates facilities in Alabama, Indiana and Minnesota.

The company said it continues to strengthen relationships with domestic suppliers. Polaris is scheduled to provide additional details on its first quarter earnings call on Tuesday, April 28.