Enable year-round programming for Minnesota 4-H's ATV and UTV safety training program, significantly increasing its capacity and reach. Train and certify new adult volunteers to help reach more youth on ATV and UTV safety messaging. Initiate new safety program pilots with Utah and Wisconsin 4-H, developed in partnership with Minnesota 4-H leadership. Develop and implement a nationwide online youth ATV and UTV safety course. "This generous support from Polaris will significantly expand our safety education ...

Brock Heger Extends His Winning Streak with Seventh Victory, Leading RZR Factory Racing Team to a Rare Three-Peat at the Baja 500Cayden MacCachren Charges to Second Overall, While Ethan Groom and Justin Morgan Round Out the Podium Sweep in Third in RZR Pro R Factory MINNEAPOLIS, June 9, 2025 /PRNewswire/ -- After a two-month hiatus, the SCORE Championship roared back to life this past Saturday with the 57th running of the BFGoodrich® Baja 500®, and the Polaris RZR Factory Racing team delivered a dominant pe ...

Outfitter network allows adventure-seekers to further explore locations off the beaten pathMINNEAPOLIS, June 3, 2025 /PRNewswire/ -- As consumers continue to seek deeper connections with local surroundings, Polaris Adventures – the destination-riding and experience side of global powersports leader Polaris Inc. (NYSE: PII) – announced a significant milestone: two million customer rides. With Polaris Adventures, over 250 local Outfitters have helped riders explore outdoor destinations and highlight unique lo ...

Core Insights - Polaris Inc. released its 2024 Geared For Good Report, highlighting its commitment to being responsible stewards for employees, riders, communities, and the environment [1][2][3] THINK PRODUCT - Polaris introduced several new products, including the next generation of the Indian Scout, the 2025 RANGER lineup, and the Klim Freeride Helmet, while receiving multiple awards for innovation in 2024 [6] THINK PRODUCTION - The company achieved a 90% waste diversion rate from landfills at its Wyoming facility, meeting its 2035 goal ahead of schedule, and implemented a new liquid paint system that reduced natural gas usage significantly and avoided substantial CO2 emissions [6] THINK PLACES - Polaris awarded grants for trail enhancement projects in Texas and Arizona and donated $220,000 in TRAILS GRANTS to support trail stewardship and rider education across the U.S. and Canada [6] THINK PEOPLE - The company recorded its lowest Total Recordable Incident Rate (TRIR) in history at 0.30 for the second consecutive year and contributed over $6.4 million to local communities through various forms of donations in 2024 [6]

We initiate on Polaris (NYSE: PII ) at Strong Buy/$46.81 PT. Polaris Inc. designs, engineers, and markets powersports vehicles and accessories on a global basis across off-road, on-road, and marine. We believe the market is far underestimating the depth - and likely duration - of the tariff shock, which we forecastMoretus Research delivers state-of-the-art, buy-side quality equity research for serious investors seeking clarity, conviction, and alpha. Focused on U.S. public markets, Moretus applies a structu ...

Table of Contents POLARIS INC. (Exact name of registrant as specified in its charter) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11411 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) Delaware 41-1790959 (State or other ju ...

Financial Data and Key Metrics Changes - In Q1 2025, sales decreased by 12% due to reduced shipments aimed at managing dealer inventory amidst a downturn in the powersports market [5][6] - Adjusted EPS was negative $0.90, aligning with the midpoint of the guidance range provided earlier [6] - Gross profit margin declined by 147 basis points, primarily due to increased promotions and a prolonged downturn in the powersports sector [32] Business Line Data and Key Metrics Changes - Off-Road sales were down 10%, influenced by lower volume and higher promotions, although a favorable mix partially offset this decline [31] - On-Road sales decreased by 20%, driven by challenges in the motorcycle market and timing issues with engine deliveries [34] - Marine sales fell by 7%, consistent with planned reductions in shipments, while the pontoon industry experienced an 11% decline year-to-date [36] Market Data and Key Metrics Changes - North American retail sales were down 7%, with better performance in the utility segment compared to recreational products [6] - International business sales dropped 16% due to weak markets in both off-road and on-road segments [30] - Retail trends showed volatility, with significant month-to-month swings, attributed to high inflation and economic uncertainty [85] Company Strategy and Development Direction - The company has withdrawn its full-year guidance due to the fluid tariff environment and its potential impact on consumer spending [9] - A four-pronged tariff mitigation strategy has been implemented, focusing on supply chain adjustments, cost control, market reprioritization, and government advocacy [21] - The company aims to emerge stronger by maintaining close relationships with dealers and focusing on cash preservation [9][30] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging operating environment, emphasizing the importance of navigating through tariffs and economic uncertainty [5][9] - There is optimism regarding the potential for retail demand recovery, contingent on inventory levels stabilizing and consumer confidence improving [56] - The leadership remains committed to long-term strategies that prioritize innovation and operational efficiency [30][46] Other Important Information - The company reported its highest Q1 operating free cash flow in nine years, reflecting effective working capital management [28] - Warranty expenses have improved significantly, contributing positively to customer satisfaction and expected future margins [33][89] - The company is actively engaging with government officials to address tariff-related challenges and advocate for U.S. manufacturing interests [15][24] Q&A Session Summary Question: What role will pricing play in tariff mitigation efforts? - Management indicated that pricing will remain stable through May, as raising prices in a recessionary environment is challenging due to inelastic demand [49][50] Question: Where does the company stand in terms of inventory cleanup among competitors? - Management believes they are in the later innings of the inventory cleanup process, with some competitors still facing significant excess inventory [54][55] Question: What is the expected annualized impact from tariffs in 2026? - Management refrained from providing a specific number, emphasizing ongoing mitigation efforts and the complexity of the tariff environment [62][63] Question: How is the company planning shipment levels in light of retail demand? - The company plans to ship fewer units than retail to manage dealer inventory effectively, adjusting based on future retail strength [95][96] Question: What does the recession playbook entail? - The recession playbook focuses on cash preservation, working capital management, and deferring non-critical CapEx projects [100][101]

First Quarter 2025 Earnings Presentation Q1'25 Earnings 4/29/25 2 First Quarter 2025 Overview April 29, 2025 Safe Harbor & Non-GAAP Measures Except for historical information contained herein, the matters set forth in this presentation are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those forward-looking statements. Potential risks and uncertainties include such factors as the Company's ability to successfully implement it ...

Polaris (PII) Q1 2025 Earnings Call April 29, 2025 10:00 AM ET Company Participants J.C. Weigelt - Vice President - IRMichael Speetzen - CEORobert Mack - CFO, Executive VP of Finance & Corporate DevelopmentJoe Altobello - Managing DirectorMegan Clapp - Executive DirectorAlice Wycklendt - Senior Equity Research AssociateAlexander Perry - Director, Equity ResearchArthur Nagorny - Assistant Vice President Conference Call Participants Noah Zatzkin - Vice President & Equity Research AnalystTristan Thomas-Martin ...

Polaris Inc (PII) reported $1.54 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 11.6%. EPS of -$0.90 for the same period compares to $0.23 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.51 billion, representing a surprise of +1.67%. The company delivered an EPS surprise of +1.10%, with the consensus EPS estimate being -$0.91.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...