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Polaris Industries Inc (PII.N)

PII.N on New York Stock Exchange

112.52USD
18 May 2018
Change (% chg)

$1.75 (+1.58%)
Prev Close
$110.77
Open
$110.33
Day's High
$113.10
Day's Low
$110.33
Volume
125,380
Avg. Vol
157,709
52-wk High
$137.51
52-wk Low
$82.90

Latest Key Developments (Source: Significant Developments)

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

Polaris recalls RZR XP turbo recreational off-highway vehicles due to fire hazard
Friday, 2 Sep 2016 

U.S. Consumer Product Safety Commission : Polaris recalls RZR XP turbo recreational off-highway vehicles due to fire hazard; severe burn injuries . Polaris recall includes previously recalled RZR turbo ROVS . Recall includes 13,000 vehicles (including the 2,230 vehicles previously recalled) . Polaris has received 19 reports of the ROVS catching on fire, resulting in six reports of burn injuries .One of reported fires occurred in Utah's American Fork Canyon, which led to a young child suffering severe burns, 15 acres of forest land being destroyed.  Full Article

Polaris Industries declares qtrly $0.55 per share dividend
Thursday, 21 Jul 2016 

Polaris Industries Inc :Polaris Industries Inc says declaration of a regular quarterly $0.55 per share cash dividend.  Full Article

Polaris Industries posts Q2 earnings of $1.09/share
Wednesday, 20 Jul 2016 

Polaris Industries Inc: Polaris reports 2016 second quarter results . Q2 earnings per share $1.09 . Q2 earnings per share view $1.05 -- Thomson Reuters I/B/E/S . Sees fy2016 earnings per share $6.00 to $6.30 . Sees fy2016 sales down 2 percent . Q2 sales $1.131 billion versus i/b/e/s view $1.1 billion . Motorcycle sales increased 23% during quarter . Lowering and narrowing guidance range for full year 2016 earnings to $6.00 to $6.30 per diluted share . Lowering and narrowing guidance range for full year 2016 total company sales in range of down 2% to flat for full year 2016. . Sees 2016 global adjacent market sales up mid-teens percent . Sees 2016 ORV/Snowmobile sales down mid-single digits percent; sees 2016 motorcycle sales up double-digits percent .Fy2016 earnings per share view $6.26, revenue view $4.74 billion -- Thomson Reuters I/B/E/S.  Full Article