POLARIS RECEIVES VERDICT IN 2010 LAWSUIT INVOLVING DISCONTINUED MARINE PRODUCTS DIVISION
Polaris’ full year 2013 sales and earnings from continuing operations guidance remains unchanged
MINNEAPOLIS (July 25, 2013) — Polaris Industries Inc. (NYSE: PII) today announced that a Los Angeles County jury returned an unfavorable verdict against Polaris on July 23, 2013 in the Esparza (“Plaintiff”) vs. Polaris Industries Inc. lawsuit arising out of a collision between a boat and a 2001 Polaris Virage personal watercraft (“Virage”) that occurred on the Colorado River in 200...
POLARIS REPORTS RECORD SECOND QUARTER 2013 RESULTS; EPS INCREASED 15% TO $1.13 WITH SALES GROWTH OF 12%
Company increases full year 2013 EPS guidance
Second Quarter Highlights:
· Net income increased 15% to $80.0 million, or $1.13 per diluted share, with sales increasing 12% to $844.8 million, setting records for second quarter sales and earnings.
· North American retail sales improved, rising 11% year-over-year in the second quarter.
· Gross profit margin percentage increased 120 basis points to...
RANGER XP 900 NAMED "BEST OF THE BEST" BY FIELD AND STREAM MAGAZINE
Minneapolis, MN (Aug. 22, 2013)– Polaris Industries today announced the RANGER XP 900 has been awarded “Best of the Best” by Field & Stream Magazine. The RANGER XP 900 is the third Polaris Off-Road Vehicle in five years to win the prestigious award.
“Polaris would like to thank Field & Stream for recognizing Polaris’ contribution to the hunting industry,’” said Warren Lopata, marketing director of the Off-Road Division for Polaris. “It’s an honor to be recognized by th...
INDIAN MOTORCYCLE TO ELECTRIFY STURGIS, HISTORY, AND THE MOTORCYCLING WORLD WITH REVEAL OF 2014 INDIAN CHIEF
Choice in American Motorcycles is Coming: Most Significant Motorcycle Introduction in Decades; Saturday, August 3 at 8 p.m. in Downtown Sturgis
MEDINA, Minn. — June 24, 2013 — Indian Motorcycle®, America’s first motorcycle company, today released the schedule and additional details of one of the most highly anticipated and historic motorcycling events in decades —the reveal of the all-new 2014 Indian® Chief®. Two and a half years in the making, the reveal party will be a thri...
POLARIS RECALLS RANGER OFF-HIGHWAY VEHICLES DUE TO BURN HAZARD (RECALL ALERT)
WASHINGTON, D.C. - Consumers should stop using this product, which is being recalled voluntarily, unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.
Name of product: 2011 Polaris Ranger RZR XP 900 recreational off-highway vehicles
Hazard: The firewall behind the driver and passenger seats can overheat and melt, posing a burn hazard to consumers.
Consumer Contact: Polaris; toll-free at (888)...
WILLIAM YOKLEY TAKES GNCC MOUNTAINEER
Teammate Kiger takes third
Minneapolis, June 18, 2013- After placing off the podium at The John Penton, William Yokley was back on top in his Polaris / Coastal / CST / National Guard / Yoshimura / Yokley Racing RZR XP 900 taking the win at The Mountaineer, in Masontown, West Virginia. Yokley’s teammate, Scott Kiger, steered his RZR XP 900 to a third place finish. RZRs finished in the top three spots in the XC1 Modified class.
Yokley and Kiger both started well and tackled the...
JAGGED X WINS TECATE SCORE BAJA 500- PARKS AND SCHUELER PILOT THE NO. 1932 TO ITS SECOND, CONSECUTIVE SCORE WIN
Minneapolis, June 4, 2013 – After Jagged X/Polaris Driver Matt Parks won the opening round of the 2013 SCORE Baja championship, at the Tecate SCORE San Felipe 250, he knew he would need to share the driving duties for the second round, the 45th Tecate SCORE Baja 500. Parks enlisted teammate Brandon Schueler, who races in the Best In The Desert series, to not only drive, but to start the race. The strategy would pay off with the Jagged X Team winning their second straight SCORE ...
POLARIS DONATING 10 OFF-ROAD VEHICLES TO THE SALVATION ARMY FOR OKLAHOMA DISASTER RELIEF
Military units to feature Run-Flat and Non-Pneumatic Tires due to harsh conditions
Minneapolis, MN (May 28, 2013) – Polaris Industries Inc. (NYSE: PII) today announced the company is donating 10 military, off-road vehicles with a combination of Run-Flat and Non-Pneumatic Tires (NPT), to enhance The Salvation Army’s ability to transport food, water and other critical supplies to survivors, in Moore, Okla. The units will be delivered from Polaris’ Osceola, Wis. plant, free of ch...
POLARIS HILLCLIMBERS WIN 11 ON 15 RMSHA PRO POINTS TITLES; KEITH CURTIS WINS 5 TITLES, ERIN BEUKELMAN WINS THREE
MEDINA, MN (April 24, 2013) – Polaris snowmobilers hillclimbers demonstrated total terrain domination on the Rocky Mountain Snowmobile Hillclimb Assn. (RMSHA) circuit this past winter, winning 11 Pro class points titles, all three Semi-Pro points crowns, two Women’s points titles and the lion’s share of King of the Hill honors at the circuit’s five points events.
Leading the way were Polaris racers Keith Curtis, who won points titles in five Pro classes and won Stock King of t...
POLARIS TO SPONSOR MYSTIK LUBRICANTS TERRACROSS CHAMPIONSHIP
Minneapolis, May 16, 2013- For the second year in a row, the Mystik® Lubricants Terracross™ Championship will be presented by Polaris RZR®. The series, known as rough, tough and muddy racing, invites some of the most recognized power sports and action sports athletes, such as Daryl Rath, Doug Gust, Chris Burandt, Paul Thacker and others to tackle some of the toughest, manmade tracks imaginable.
“Polaris is excited to be part of Terracross for its second year,” said Jason DiFuc...
INDIAN MOTORCYCLE REVEALS PRICING AS LEAD UP TO HISTORIC UNVEILING OF ALL-NEW 2014 INDIAN CHIEF AT STURGIS RALLY
Highly Anticipated Details Make Clear that Authentic, Affordable Choice is Coming to American Motorcycles as Indian Motorcycle Makes its Debut at the World’s Largest Motorcycle EventMEDINA, Minn. — May 13, 2013 — Indian Motorcycle, America’s first motorcycle company, today continued its trip toward the historic unveiling of the completely new 2014 Indian Motorcycle. Following on the heels of the reveal of the all-new Thunder Stroke 111™ engine on March 9 at Daytona Bike Week, I...
THE 2013 GENERAL TIRE MINT 400, PRESENTED BY POLARIS PREMIERS JUNE 8 ON SPEED CHANNEL
Minneapolis, May 14, 2013- The 2013 General Tire Mint 400, presented by Polaris will premiere on SPEED Channel, Saturday, June 8, at 9 p.m. EST/ 6 p.m. PST. This special two-hour primetime television show captures the most dynamic and thrilling off-road racing on the planet, at the most prestigious and challenging off-road race in America.
This year, more than 250 race teams battled the brutal 400-mile Mint 400 desert racecourse. The competition was fierce and full of drama, s...
RZRS DOMINATE AT WORCS ROUND 5
Minneapolis, May 13, 2013- Polaris racers were out in full force this past weekend at WORCS Round Five, at Honolulu Hills, in Taft, Calif.
Polaris Factory Racers and Holz Racers, RJ Anderson and Beau Baron would finish one, two in the “SxS Pro Production” class. RZRs would take the top five spots in the class as well. Anderson, after a tough start to the racing season, has gotten himself to the sixth position in points with Baron sitting in first.
The “SxS Production 1000” cl...
COASTAL RACING TAKES THE SILVER STATE 300
RZRs take two Podium spots
Minneapolis, May 6, 2013–After a win at the last Best in the Desert Race, The Mint 400, Holz Coastal Racing’s Scott Kiger and Mark Holz in their No. 1934 RZR XP 900 would line up for the Canidae Tap It Silver State 300 with hopes to make it two in a row and their second Silver State 300 win. When the dust settled, they would not disappoint.
With Cognito Powersports and their RZR XP 4 900 getting the nod to start first, the teams would have to work h...
POLARIS DECLARES REGULAR CASH DIVIDEND
MINNEAPOLIS (April 25, 2013) — Polaris Industries Inc. (NYSE: PII) today announced the declaration of a regular quarterly $0.42 per share cash dividend payable on June 17, 2013 to shareholders of record at the close of business on June 3, 2013.
Polaris is a recognized leader in the powersports industry with annual 2012 sales of $3.2 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles, including all-terrain ve...
POLARIS REPORTS RECORD FIRST QUARTER 2013 RESULTS; EPS INCREASED 26% TO $1.07 ON 11% SALES GROWTH
First Quarter Highlights:
· Net income increased 26% to $75.5 million, or $1.07 per diluted share, with sales increasing 11% to $745.9 million, setting new records for first quarter sales and earnings.
· Off-Road Vehicle sales increased 7% in the first quarter 2013 despite difficult first quarter 2012 comparisons, and PG&A sales increased 27% during the 2013 first quarter.
· Raising guidance for full year 2013 earnings to a range of $5.05 to $5.20 per diluted share,...
RZRS SHINE AT WORCS, GNCC
RZRs fill the podium in both series
Minneapolis, April 23, 2013-RZRs filled the podium this past weekend at WORCS Round Four, at Sand Hollow OHV Park, in Hurricane, Utah, and at the GNCC Big Buck, in Union, SC.
WORCS Round Four, a bit different than most WORCS races, would consist of two laps of winding, sandy trails, rock climbs, and dune areas witho...
POLARIS ACQUIRES AIXAM MEGA
Expertise in On-Road Quadricycles and Light Duty Commercial Vehicles Complements Polaris’ Existing Product Portfolio
MINNEAPOLIS (April 11, 2013) — Polaris Industries Inc. (NYSE: PII) today announced the acquisition of A.M. Holding S.A.S., which operates under the name Aixam Mega S.A.S., a privately owned company based in Aix-les-Bains, France which manufactures and sells enclosed on-road quadricycles and light duty commercial vehicles in Europe. The acquisition of Aixam Me...
POLARIS HILLCLIMBERS DOMINATE AT JACKSON HOLE WORLD CHAMPIONSHIP, WINNING FOUR STOCK CLASSES, STOCK KING OF THE HILL AND THREE MOD TITLES
MEDINA, MN (March 25, 2013) – Polaris deep snow snowmobiles dominated at the Jackson Hole World Championship Hillclimb as Polaris racers won four Stock classes, three Modified classes, all three Semi-Pro classes, all three Women’s classes, and Polaris racer Luke Rainey won the Stock King of the Hill title.
Rainey, a Thayne, Wyoming, hillclimber, won the 800 Stock title, then won the Stock King of the Hill crown. He also took second in the King of Kings competition during the e...
COASTAL RACING TAKES THE GENERAL TIRE MINT 400 PRESENTED BY POLARIS
RZRs take three out of four top spots
Minneapolis, March 27, 2012– The Mint is the oldest, roughest, most spectacular off-road race in North America and has attracted thousands of racers and celebrities who have tried to master the harsh Nevada desert. This year, Polaris not only sponsored the race but had one of their sponsored teams take top honors in the “Pro Class,” Holz Coastal Racing’s Scott Kiger and Mark Holz in their No. 1934 RZR XP 900.
In the starting field for Pol...