Polaris Industries (PII) Tops Q4 EPS by 4c; Offers FY20 EPS Mid-Point Guidance Above Consensus

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Polaris Fourth Quarter & Full Year 2019 Results

January 28, 2020 6:00 AM EST

Fourth Quarter & Full Year 2019 Highlights

Fourth quarter reported and adjusted sales increased 7% to $1,736 million

Fourth quarter reported net income was $1.58 per diluted share; adjusted net income for the same period was $1.83 per diluted share

Full year reported and adjusted sales increased 12% to $6,783 million

Full year 2019 reported net income was $5.20 per diluted share; adjusted net income for the same period was $6.32 per diluted share, exceeding the high-end of previously issued guidance

North American retail sales increased 2% for the... More