Polaris Industries (PII) Misses Q2 EPS by 9c
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Polaris Reports Record Second Quarter 2015 Results
July 22, 2015 6:00 AM EDTSales, Net Income and Earnings per Diluted Share Increased Year-over-Year
Second Quarter Highlights:
Sales increased 11% year-over-year to a record $1,124.3 million North American retail sales increased 11% year-over-year Net income increased 4% to $100.9 million. Gross profit margin declined 166 basis points due to currency impacts and incremental manufacturing costs of $9 million related to motorcycle paint constraints Motorcycle demand remained strong throughout the second quarter Maintaining and narrowing full year 2015 earnings guidance range to $7.32 to $7.42 per diluted share, an... More