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Polaris Industries Inc (PII.N)

PII.N on New York Stock Exchange

107.85USD
20 Aug 2018
Change (% chg)

$-0.40 (-0.37%)
Prev Close
$108.25
Open
$108.40
Day's High
$109.79
Day's Low
$107.85
Volume
69,925
Avg. Vol
134,897
52-wk High
$137.51
52-wk Low
$88.96

Latest Key Developments (Source: Significant Developments)

Polaris Q2 Earnings Per Share $1.43
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Polaris Industries Inc ::POLARIS REPORTS 2018 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.77.Q2 EARNINGS PER SHARE $1.43.Q2 SALES $1.503 BILLION VERSUS I/B/E/S VIEW $1.45 BILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $6.48 TO $6.58 INCLUDING ITEMS.SEES FY 2018 SALES UP 11 TO 12 PERCENT.Q2 EARNINGS PER SHARE VIEW $1.62 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $6.53, REVENUE VIEW $5.97 BILLION -- THOMSON REUTERS I/B/E/S.POLARIS - 2018 ADJUSTED. EARNINGS PER SHARE FORECAST INCLUDES ABSORPTION OF ESTIMATED ADDITIONAL $40 MILLION OF TARIFF, RELATED COMMODITY COST INCREASES ANTICIPATED.DEALER INVENTORY WAS UP 6% YEAR-OVER-YEAR, EXCLUDING SNOWMOBILES, FOR Q2 2018.  Full Article

Polaris Industries Says Entered Fourth Amended And Restated Credit Agreement, Dated As Of July 2 - SEC Filing
Tuesday, 3 Jul 2018 

July 2 (Reuters) - Polaris Industries Inc ::POLARIS INDUSTRIES INC SAYS ENTERED FOURTH AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF JULY 2 - SEC FILING.POLARIS INDUSTRIES - AGREEMENT AMENDED AND RESTATED THIRD AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF NOVEMBER 9, 2016.POLARIS INDUSTRIES INC - AGREEMENT PROVIDES FOR A FIVE-YEAR TERM LOAN SENIOR CREDIT FACILITY IN AN AGGREGATE PRINCIPAL AMOUNT OF $1.18 BILLION.POLARIS INDUSTRIES INC - AGREEMENT ALSO PROVIDES FOR A $700 MILLION FIVE-YEAR SENIOR REVOLVING CREDIT FACILITY.POLARIS INDUSTRIES - AGREEMENT PROVIDES FOR COMPANY TO REQUEST THAT CREDIT FACILITY BE INCREASED BY $940 MILLION.POLARIS INDUSTRIES INC - PART OF PROCEEDS FROM BORROWINGS UNDER CREDIT FACILITY WILL BE USED TO FUND ACQUISITION OF BOAT HOLDINGS.  Full Article

Polaris Industries To Acquire Boat Holdings For About $805 Million
Wednesday, 30 May 2018 

May 30 (Reuters) - Polaris Industries Inc ::POLARIS INDUSTRIES INC. SIGNS DEFINITIVE AGREEMENT TO ACQUIRE BOAT HOLDINGS, LLC, THE LEADING MANUFACTURER OF PONTOON BOATS IN THE U.S..POLARIS INDUSTRIES INC - DEAL FOR APPROXIMATELY $805 MILLION.POLARIS INDUSTRIES INC - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO POLARIS' EARNINGS.POLARIS INDUSTRIES INC - EXPECTS THAT APPROXIMATELY $100 MILLION NPV OF FUTURE NET TAX BENEFITS WILL ACCRUE TO COMBINED COMPANY.POLARIS INDUSTRIES INC - FOLLOWING CLOSING OF TRANSACTION, BOAT HOLDINGS WILL OPERATE AS A DISTINCT BUSINESS UNIT.POLARIS INDUSTRIES INC - BOAT HOLDINGS WILL MAINTAIN ITS HEADQUARTERS AND MANUFACTURING FACILITIES IN ELKHART, INDIANA.POLARIS INDUSTRIES - DEAL TO BUY BOAT HOLDINGS, LLC A BOAT MANUFACTURER OWNED BY VOGEL FAMILY, MANAGEMENT & BALMORAL FUNDS, IN AN ALL-CASH DEAL.POLARIS INDUSTRIES INC - WHEN ADJUSTED FOR NET TAX BENEFIT OF $100 MILLION, TRANSACTION IS VALUED AT APPROXIMATELY $705 MILLION.  Full Article

U.S. CPSC Says Polaris Recalls Phoenix 200 All-Terrain Vehicles Due To Crash Hazard
Thursday, 19 Apr 2018 

April 19 (Reuters) - U.S. Consumer Product Safety Commission::POLARIS RECALLS PHOENIX 200 ALL-TERRAIN VEHICLES DUE TO CRASH HAZARD.U.S. CONSUMER PRODUCT SAFETY COMMISSION SAYS THE RECALL IS ABOUT 5,600 UNITS OF 'POLARIS PHOENIX 200 ALL-TERRAIN VEHICLES'.U.S. CPSC - POLARIS GOT 9 REPORTS OF A DAMAGED THROTTLE LIMITER IN THE ATVS, INCLUDING 1 REPORT OF THROTTLE LIMITER FAILURE RESULTING IN MINOR INJURIES.  Full Article

Polaris Industries Reports Q4 EPS Of $0.49
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Polaris Industries Inc ::POLARIS REPORTS 2017 FOURTH QUARTER AND FULL YEAR RESULTS.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $6.00 TO $6.20.Q4 EARNINGS PER SHARE $0.49.Q4 SALES $1.431 BILLION VERSUS I/B/E/S VIEW $1.35 BILLION.Q4 EARNINGS PER SHARE VIEW $1.47 -- THOMSON REUTERS I/B/E/S.SEES ADJUSTED SALES FOR FULL YEAR 2018 IN RANGE OF UP 3% TO 5%.‍ NET INCOME IS EXPECTED TO INCREASE AT A GREATER THAN 15% COMPOUNDED ANNUAL GROWTH RATE THROUGH 2022 ON AN ADJUSTED BASIS​.QTRLY ADJUSTED EARNINGS PER SHARE $1.47.‍TOTAL 2017 DEALER INVENTORY WAS UP 1% YEAR-OVER-YEAR; ORV DEALER INVENTORY WAS DOWN 6%​.‍ NON-CASH $55 MILLION WRITE-DOWN OF DEFERRED TAX ASSETS AS A RESULT OF PASSING OF U.S. TAX REFORM BILL IN Q4 OF 2017​.FY2018 EARNINGS PER SHARE VIEW $6.03, REVENUE VIEW $5.61 BILLION -- THOMSON REUTERS I/B/E/S.‍ RECORDED RESTRUCTURING COSTS TOTALING $11 MILLION IN Q4 RELATED TO REALIGNING AND STREAMLINING CO'S SALES AND SERVICE GROUPS​.  Full Article

U.S. CPSC says Polaris recalls about 19,000 general recreational off-highway vehicles
Monday, 30 Oct 2017 

Oct 30 (Reuters) - U.S. Consumer Product Safety Commission::U.S. Consumer Product Safety Commission says Polaris recalls about 19,000​ ‍​general recreational off-highway vehicles due to crash hazard.‍U.S. CPSC - Polaris has received 5 reports of steering shaft separating, 1 report of broken hand injury in relation to recall.  Full Article

Polaris Industries Q3 earnings per share $1.28
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Polaris Industries Inc :Q3 North American unit retail sales were up 13 percent.Polaris reports 2017 third quarter results.Q3 earnings per share $1.28.Q3 earnings per share view $1.23 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $4.75 to $4.85.Q3 sales $1.479 billion versus I/B/E/S view $1.4 billion.‍adjusted sales for full year 2017 expected in range of up 18% to 19%​.For full year 2017, co has increased its sales guidance & expected earnings per share range from previously issued guidance​.  Full Article

Polaris Q3 earnings per share $1.28
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Polaris Industries Inc ::Polaris reports 2017 third quarter results.Q3 earnings per share $1.28.Q3 earnings per share view $1.23 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $4.75 to $4.85.Q3 sales $1.479 billion versus I/B/E/S view $1.4 billion.‍adjusted sales for full year 2017 expected in range of up 18 pct to 19 pct​.Polaris Industries - ‍north American unit retail sales were up 13 percent.Polaris - for full year 2017, co has increased its sales guidance & expected earnings per share range from previously issued guidance​.  Full Article

U.S. CPSC says Polaris recalls ACE 325 recreational off-highway vehicles
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - U.S. Consumer Product Safety Commission::U.S. Consumer Product Safety Commission says Polaris recalls about 6,300 ACE 325 recreational off-highway vehicles due to fire and burn hazards​.U.S. ‍CPSC says recall involves all model year 2014 through 2016 POLARIS ACE 325 recreational off-highway vehicles ‍​.U.S. CPSC says ‍Polaris received six reports of cracked exhaust pipes, including two reports of seat damage due to melting ​relating to recalled vehicles.  Full Article

Polaris Industries to buy Transamerican Auto Parts for $665 mln
Wednesday, 12 Oct 2016 

Polaris Industries Inc : Polaris Industries Inc announces agreement to acquire Transamerican Auto Parts . Polaris Industries Inc - deal for $665 million . Polaris Industries Inc says Polaris expects to fund acquisition with borrowings under existing credit facilities . Polaris Industries Inc - expected accretion from deal to earnings per share, excluding purchase accounting/acquisition costs, for full year 2017 . Polaris Industries Inc - company expects meaningful annual cost savings within three years following closing of deal .Polaris Industries Inc says following closing of transaction, tap will operate as a distinct business unit.  Full Article