Polaris Industries (PII) Misses Q1 EPS by 33c
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Polaris 2020 First Quarter Results
April 28, 2020 6:00 AM EDTFinancial and Operational Highlights
First quarter reported sales decreased 6% to $1,405 million
First quarter reported net loss was $0.09 per share; adjusted net income for the same period was $0.22 per share
First quarter North American retail sales decreased high-single digits percent for the quarter compared to last year; Indian motorcycles retail sales were up low-single digits percent
The Company entered into an incremental $300 million 364-day unsecured term-loan facility on April 9, 2020, further increasing its liquidity position
Cash on hand at April 23, 2020 was $475 million along with... More
