Polaris Industries (PII) Tops Q3 EPS by 29c; Reiterates FY18 EPS Outlook

Go back to Polaris Industries (PII) Tops Q3 EPS by 29c; Reiterates FY18 EPS Outlook

Polaris Reports 2018 Third Quarter Results

October 22, 2018 6:00 AM EDT

Q3 2018 Highlights

Reported and adjusted sales for the third quarter of 2018 increased 12% to $1,651 million and $1,653 million, respectively

Reported net income was $1.50 per diluted share, up 17% over the prior year; adjusted net income for the same period was $1.86 per diluted share, up 22% over the prior year

North American retail sales increased 1% for the quarter compared to a strong 13% increase last year; ORV N.A. retail sales were up low single-digits driven by side-by-side vehicles

Dealer inventory was up 6% year-over-year for the third quarter 2018, in line with... More