Polaris Industries (PII) Tops Q2 EPS by 15c, Revenues Beat; Boosts FY18 EPS Guidance
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Polaris Reports 2018 Second Quarter Results
July 25, 2018 6:00 AM EDTQ2 2018 Highlights
Reported sales for the second quarter of 2018 increased 10% to $1,503 million; adjusted sales increased 11% to 1,505 million
Reported net income was $1.43 per diluted share, up 47% over the prior year; adjusted net income for the same period was $1.77 per diluted share, up 45% over the prior year
North American retail sales increased 6% for the quarter; ORV N.A. retail sales were up mid-single digits % with both side-by-side and ATV vehicles up mid-single digits percent. Gained market share in side-by-side's and ATVs during the quarter along with ongoing market share gains in... More
