The Latest Breaking News from Polaris Inc

The auto industry remains well-positioned to benefit from the easing macroeconomic concerns and robust demand for automobiles and auto parts. Considering these factors, it could be wise to add auto stocks BorgWarner (BWA), Polaris (PII), and Harley-Davidson (HOG) to one’s watchlist. Read more.

The auto industry is experiencing robust demand thanks to falling inflation and easing supply chain constraints. However, with EV giant Tesla (TSLA) witnessing margin pressure due to price cuts, one could instead consider investing in Polaris (PII), Suzuki Motor (SZKMY), and Isuzu Motors (ISUZY) to capitalize on the industry tailwinds.…

Polaris Inc (NYSE:PII) said its outdoor experience brand, Polaris Adventures, has expanded its new pay-by-the-month membership program. Polaris Adventure Select has expanded into Michigan, Minnesota, South Dakota, and Wisconsin. Polaris Adventure Select provides access to the Polaris product portfolio, including on-road vehicles, off-road vehicles, snowmobiles, and pontoons at participating Polaris Adventures Outfitter locations. This…

Polaris Inc (NYSE:PII) reported fourth-quarter FY21 sales growth of 1% year-on-year, to $2.17 billion, beating the analyst consensus of $2.13 billion. Sales from Off-Road Vehicles / Snowmobiles fell 2%, Motorcycle segment rose 2%, and Boats climbed 12%. Adjusted EPS of $2.16 beat the analyst consensus of $2.03. The gross profit for the quarter…