Polaris Industries (PII) Tops Q1 EPS by 5c; Reiterates Outlook

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Go back to Polaris Industries (PII) Tops Q1 EPS by 5c; Reiterates Outlook

Polaris Reports 2017 First Quarter Results

April 25, 2017 6:00 AM EDT

Sales for the first quarter of 2017 increased 17% to $1,153.8 million; adjusted sales increased 18% to $1,158.9 million

Polaris N.A. retail sales performance exceeded Company expectations in the first quarter; ORV market share stabilizing; Indian Motorcycle® market share gains continued during the quarter

First quarter 2017 reported net loss was $0.05 per diluted share; adjusted net income for the same period was $0.75 per diluted share, slightly ahead of expectations

Total dealer inventory was down 8% year-over-year; ORV dealer inventory was down 9%

Polaris reiterated its full year 2017 outlook with adjusted net income expected to... More