Polaris Industries (PII) Tops Q3 EPS by 2c
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Polaris Reports Record Third Quarter 2015 Results; EPS Increased 12% to $2.30 on 12% Sales Growth
October 21, 2015 6:00 AM EDTThird Quarter Highlights:
Sales increased 12% year-over-year to a record $1,456.0 million (up 16% in constant currency) North American retail sales increased 7% year-over-year Net income increased 10% to $155.2 million year-over-year Motorcycle consumer retail demand remained strong in the third quarter, up over 60%; motorcycle production rate improved sequentially from the 2015 second quarter Maintaining and narrowing full-year 2015 sales and earnings guidance range to $7.37 to $7.42 per diluted share, an increase of 11% to 12% year-over-year based on full-year 2015 sales growth guidance of 10% to 11%... More