POLARIS ANNOUNCES BUYBACK OF 3.96 MILLION SHARES FROM FUJI HEAVY INDUSTRIES
MINNEAPOLIS, MN (November 12, 2013) — Polaris Industries Inc. (NYSE: PII) today announced that it has purchased all of Fuji Heavy Industries Ltd.’s (“FHI”) 3.96 million shares of Polaris’ common stock for a purchase price of $497.5 million, thereby reducing its outstanding share count by approximately six percent. Polaris funded this purchase with a combination of cash on hand and $250 million of borrowings under the Company’s revolving credit facility.
Polaris and FHI have...
XP1K VIDEO FEATURING RZR XP 1000 TOPS 1 MILLION VIEWS
UTVUnderground.com drops “XP1K REMIXED” to Celebrate
Minneapolis, MN (November 7, 2013)- Mad Media, and UTVUnderground.com today announced their extraordinary viral video “XP1K,” launched in August, has been viewed more than 1 Million times on YouTube, making it the most-successful branded UTV video clip ever! XP1K features off-road champion and Polaris Factory Off-Road Racer RJ Anderson driving a custom built, 190 horsepower, Polaris RZR XP1000. The video is a non-stop bar...
WILLIAM YOKLEY WINS FIFTH CONSECUTIVE GNCC CHAMPIONSHIP
Minneapolis, MN (October 30, 2013) – William Yokley and his Coastal / Polaris / CST / Yoshimura /Yokley Racing Holz-built RZR 900 took the GNCC “XC1 Modified” UTV Championship for fifth consecutive year with Yokley’s teammate, Scott Kiger finishing the season in fourth. RZRs proved to be a dominant force in the class taking the top five spots for the season, including Yokley’s nephew, John Yokley, taking second in his Big Country Powersports/Yokley Racing RZR 900.
POLARIS 'WINNING RIDERS' PROGRAM SUPPORTS STATE & PROVINCIAL SNOWMOBILE ASSOCIATIONS
Polaris Supports Grassroots Groups with Sales-Based Contributions
MEDINA, MN (Oct. 30, 2013) – For the ninth consecutive year, state and provincial snowmobile organizations across North America are receiving contributions from the Polaris "Winning Riders" program, which generates support for the state association user groups based on sales of new Polaris snowmobiles.
From Newfoundland to Washington and Alaska to Quebec, snowmobile associations are receiving &qu...
KEVIN FARR APPOINTED TO POLARIS INDUSTRIES INC. BOARD OF DIRECTORS
MINNEAPOLIS, MN. (October 24, 2013) — Polaris Industries Inc. (NYSE: PII) today appointed Kevin Farr to the Company’s Board of Directors. Mr. Farr is the Executive Vice President and Chief Financial Officer for Mattel, Inc., the worldwide leader in the design, manufacture and marketing of toys and family products. At Mattel, Mr. Farr is responsible for the finances of a $6.4 billion global business. He also plays integral roles in corporate strategic planning and development, i...
USSOCOM AWARDS POLARIS CONTRACTS TO SUPPLY ALL TERRAIN VEHICLES
Minneapolis, MN (October 23, 2013) – Polaris Industries Inc. (NYSE: PII), the leading manufacturer of off-road vehicles, announced the company was awarded a contract by the United States Special Operations Command (USSOCOM) to provide MRZR Lightweight Tactical All Terrain Vehicles. This contract award spans up to five years, and allows SOCOM to manage their ultra-light tactical mobility needs to meet mission demands and emerging threats.
The MRZR2 and MRZR4 are highly-mobile...
POLARIS REPORTS RECORD THIRD QUARTER 2013 RESULTS; EPS FROM CONTINUING OPERATIONS INCREASED 23% to $1.64 ON SALES GROWTH OF 25%
Third quarter surpasses $1.1 billion in sales; Company increases full year 2013 Sales and EPS from continuing operations guidance
Third Quarter Highlights:
· Net income from continuing operations increased 24% to $116.9 million, or $1.64 per diluted share, with sales increasing 25% to $1,102.6 million, setting records for third quarter sales and earnings and exceeding $1 billion in quarterly sales for the first time in the Company’s history.
POLARIS TO SPONSOR QUEBEC MAJOR JUNIOR HOCKEY LEAGUE
MEDINA, Minn. (Oct. 21, 2013) – Polaris Snowmobiles has entered a sponsorship agreement with the Quebec Major Junior Hockey League, becoming official sponsor of the league and its twelve Quebec-based teams, including Drakkar Baie-Comeau, Voltigeurs Drummondville, Sagueneens Chicoutimi, Olympiques Gatineau, Remparts Quebec, Blainville-Boisbriand Armada, Rimouski Oceanic, Rouyn-Noranda Huskies, Victoriaville Tigres, Sherbrooke Phoenix, Shawinigan Cataractes, and Foreurs Val-d’Or....
VICTORY MOTORCYCLES HEAD OUT ON THE HIGHWAY WITH TATTOO PROJECTS
Charlotte creative studio named agency of record for bike brand
(MEDINA, MINNESOTA) Victory Motorcycles, the second-largest heavyweight motorcycle brand in the USA, whose models include the top-selling Cross Country bagger line and the Highball, have named North Carolina based Tattoo Projects as agency of record for 2014. The maverick advertising agency, who prides themselves on creating daring campaigns that leave indelible impressions, won the b...
THE NEW POLARIS GEM eM 1400
MEDINA, Minn. – (Oct. 17, 2013) – Polaris® Industries Inc., today announced the availability of the all-new Polaris® GEM® eMTM1400 vehicle. The compact electric vehicles are ready for order through all 280 authorized GEM dealers in North America. With industry leading payload and cargo capacity as well as versatile configurations, the GEM eM1400 can be customized to fit your work applications.
"The entire GEM team is extremely excited to bring the all-new eM1400 to the ...
POLARIS RZR DOMINATES RACING WEEKEND
Minneapolis, MN (October 17, 2013) – From Coast-to-Coast, Polaris RZR was out in full force this past weekend. From GNCC to BITD, Polaris Factory Racing Teams were on top of the podium and securing championship wins.
In WORCS, it would come down to the last race of the season, Buffalo Bills, to decide the Pro Production class winner. Polaris Racers Beau Baron and Ryan Piplic, in their RZR 900s, would duke it out for the championship. When the dust settled, Baron would edge d...
POLARIS INTRODUCES ANOTHER RZR BEYOND COMPARE
New RZR XP 4 1000 Offers the Ultimate RZR Experience for Four
Minneapolis, MN (October 15, 2013) – Three months ago, Polaris introduced the RZR® XP 1000, which brought incredible innovations to each of the hallmark Power, Suspension and Agility aspects of RZR®, and added an entirely new level of interior comfort and accessory customization. In true Polaris fashion of aggressively bringing vehicles to market that suit the needs of all off-road enthusiasts, the company is intr...
POLARIS PARTNERS WITH PINK RIBBON RIDERS AND DONATES LIMITED EDITION 2014 800 SWITCHBACK PRO-R SNOWMOBILE TO SUPPORT PROGRAM FOR BREAST CANCER PATIENTS
MEDINA, Minn. (Oct. 14, 2013) – Polaris® Snowmobiles is partnering with Pink Ribbon Riders® this season, supporting the group in providing financial assistance to breast cancer patients by donating a 2014 Polaris 800 Switchback® Pro-R LE SnowCheck Edition snowmobile as the grand prize in a fundraising raffle.
Pink Ribbon Riders is selling raffle tickets at snowmobile events across the snowbelt all winter, and the winning ticket will be drawn February 15, 2014.
“We are hon...
POLARIS RANGER TO SPONSOR RFD-TV'S THE AMERICAN
One-day rodeo set to be the largest and richest rodeo in the world
Minneapolis, October 10, 2013 – Polaris® Industries Inc. (NYSE: PII), the leading manufacturer of off-road vehicles, today announced the company is the presenting sponsor of RFD-TV’s THE AMERICAN, which is set to be the largest and richest one-day rodeo in western sports history, with a payout of $2 million.
“THE AMERICAN offers us a unique opportunity to support the western lifestyle, which we know a lot ...
POLARIS SCHEDULES THIRD QUARTER 2013 EARNINGS RELEASE AND CONFERENCE CALL
MINNEAPOLIS (September 19, 2013) ---- Polaris Industries Inc. (NYSE: PII) announced today that it will release its third quarter 2013 financial results on Tuesday, October 22, 2013, and will hold a conference call and webcast at 9:00 a.m. Central Time on the same day to discuss the results.
The call will be hosted by Scott Wine, Chairman and CEO, Bennett Morgan, President and COO and Mike Malone, Vice President Finance and CFO.
A slide presentation and link to the webcast ...
BEAU BARON TAKES WORCS ROUND 8
RZRs Take Top Three Podium Spots in SxS Pro Production
Minneapolis, MN (Sept. 16, 2013) - After missing the podium last race, Polaris Racing/Holz Racing’s Beau Baron was back on top at WORCS Round 8, in Milford, Calif.
Baron would steer his RZR XP 900 to the win in the Pro Production class with second going to Polaris Factory Racer Ryan Piplic, also in a RZR XP 900. Jeffrey Oberling and his RZR would finish third in the class. Baron and Piplic sit one, two in the series stand...
GERMAN ARMY AWARDS POLARIS CONTRACT TO SUPPLY MILITARY ATVS
Minneapolis, MN (September 12, 2013) – Polaris Industries Inc. (NYSE: PII), the leading manufacturer of off-road vehicles, today announced the company was awarded a contract to provide MV850 ultra-light tactical vehicles to the German Army.
“Defense forces around the world are seeking Polaris Defense Military vehicles to take advantage of our ability to make modifications to our commercial off-the-shelf technology (COTS), insert customer requirements and quickly deliver an en...
MEMORIAL BLOOD CENTERS AND POLARIS TEAM UP TO SAVE LIVES
September 3, 2013 (St. Paul, MN) – Woodbury Resident and regular blood donor Guy Hartwig is now the lucky owner of a brand new all-terrain vehicle (ATV), thanks to Polaris Industries Inc. (NYSE: PII). During the month of July, volunteers who stepped up to give blood with Memorial Blood Centers became eligible to win the Polaris Sportsman ATV in a special Fishing for Donors promotion. Guy’s name was randomly selected in late August.
Warren Lopata, Marketing Director of Off-road...
POLARIS GEM INTRODUCES 2014 MODELS
New models enhance the 15-year success of GEM, focus on performance and comfort
MEDINA, Minn. – (Aug. 20, 2013) – Polaris® Industries Inc., today announced the availability of its 2014 line of Polaris® GEM® vehicles. The compact electric vehicles are ready for order through all 280 authorized GEM dealers in North America. Now in the 15th year of production, GEM vehicles provide premium electric performance for transporting passengers, moving cargo or performing essential task...
POLARIS INDUSTRIES INC. NAMES TIM LARSON AS VICE PRESIDENT, GLOBAL CUSTOMER EXCELLENCE
Newly created position will focus on customer excellence and brand development
Minneapolis (August 19, 2013) – Polaris Industries Inc. (NYSE: PII) today announced the hire of Tim Larson to the newly created position of Vice President, Global Customer Excellence. He will begin work with the Company in this role immediately.
“Striving for customer excellence in all that we do is vital to Polaris’ efforts to continue growing and leading our markets, and we are excited to have Ti...