POLARIS INDUSTRIES ANNOUNCES 14% INCREASE IN CASH DIVIDEND FOR 2013
MINNEAPOLIS January 31, 2013 — Polaris Industries Inc. (NYSE: PII) today announced that its Board of Directors approved a 14% percent increase in the 2013 regular quarterly cash dividend that raises the payout to $0.42 per share. The first quarterly dividend will be payable on March 15, 2013 to shareholders of record at the close of business on March 1, 2013.
“For the 18th consecutive year we are raising our dividend payout, underscoring our focus on generating shareholder va...
POLARIS INDUSTRIES INC. ANNOUNCES CHANGES TO BOARD OF DIRECTORS
MINNEAPOLIS (January 31, 2013) — Polaris Industries Inc. (NYSE: PII) today announced its Board of Directors voted to elect Scott Wine, Polaris’ Chief Executive Officer, as Chairman of the Board. Wine succeeds Greg Palen, who has been Chairman for 11 years and has nearly 20 years of service on the Board.
"I would like to congratulate Scott on his election to serve in the additional capacity of Chairman of the Board. Under his leadership, Polaris has delivered consistent a...
POLARIS REPORTS RECORD 2012 FOURTH QUARTER AND FULL YEAR RESULTS; FOURTH QUARTER EPS INCREASED 38% TO $1.24 WITH SALES GROWTH OF 15%
Fourth Quarter Highlights:
Net income increased 38% to $88.1 million, or $1.24 per diluted share, with sales increasing 15% to $900.6 million, both fourth quarter records.
Off-Road Vehicle sales increased 22%, On-Road Vehicle sales increased 36% and PG&A sales increased 17% during the 2012 fourth quarter.
North American retail sales remained strong, increasing 13% in the fourth quarter compared to a year ago.
Gross profit margins expanded 210 basis points to 28.2% i...
RZRS START STRONG AT WORCS ROUND 1
Beau Baron takes win in Pro Production
Minneapolis, January 28, 2013- Canyon MX Park, in Peoria, Ariz., saw a flood of RZR vehicles in what would be a rainy, muddy first WORCS race of the season. With a track that looked more like a mud bog, RZRs showed their versatility taking the Pro Production, Production 1000, Production 850, Production 700 classes, and the lone win in the Production 600 class.
Polaris Racing/Holz Racing’s Beau Baron in his new RZR XP 900 led the new Pro ...
POLARIS RACERS WIN ON THE DERBY ICE OVAL AND ON THE SNOCROSS TRACK AT EAGLE RIVER
MEDINA, Minn. (Jan 22, 2013) – Polaris snowmobile racers demonstrated true Terrain Domination at the 50th running of the Eagle River (WI) World Championship Snowmobile Derby as they won all four major snocross features, packed the field for the World Championship on the Derby ice oval, and won the Factory 600 title on the oval. The 50th anniversary Derby took place Friday through Sunday, Jan. 18-20.
Polaris racer Ross Martin (Judnick Motorsports) dominated the Derby’s snocross...
RZRs SHINE AT BEST IN THE DESERT'S PARKER 250
RZRs finish in top seven spots overall
Minneapolis, Jan. 16, 2012– Polaris RZRs kicked off the Best in the Desert race season in style by finishing in the top seven spots, at the THR Parker 250, in Parker, Ariz.
In the starting field of more than 20 side-by-sides, was Jagged X’s Brandon Schueler in the No. 1919 RZR XP 4 900, Jagged X’s Craig Scanlon in the No. 1931 RZR XP 4 900 and Scott Kiger’s Holz Coastal Racing No. 1934 RZR XP, all who run the Pro UTV Cl...
INDIAN MOTORCYCLE REVS UP NEW YORK MOTORCYCLING FANS AT 2013 INTERNATIONAL MOTORCYCLE SHOW FOR UPCOMING HISTORIC RELAUNCH
‘Indian Summit’ Press Conference featuring American Picker’s Mike Wolfe, Vintage Indian Motorcycles, the Roar of History and the Sound of the Upcoming Completely Reengineered Indian Motorcycle Engine take center stage at IMS-NYC
MEDINA, Minn. — January 16, 2013 — Indian Motorcycle, the original American motorcycle company, today announced its power-packed weekend schedule for this week’s International Motorcycle Show in New York City taking place January 18-20 at the Jacob K....
POLARIS RECALLS RANGER RECREATIONAL OFF-HIGHWAY VEHICLES DUE TO LOSS OF CONTROL AND CRASH HAZARD
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: 2013 Polaris Ranger® 400 recreational off-highway vehicles
Hazard: The recreational vehicle’s throttle can fail to operate properly, which can cause the vehicle’s rider to lose control, posing a crash hazard.
Consumer Contact: Polaris; toll-free ...
POLARIS PRO & PRO LITE SNOCROSS RACERS CLAIM HALF OF THE WEEKEND'S PODIUM POSITIONS IN ISOC RACING AT CANTERBURY PARK
MEDINA, Minn. (Jan. 7, 2013) – Polaris Pro Open and Pro Lite snocross racers earned half of the available podium spots in two rounds of ISOC racing Jan. 4-5 at Canterbury Park in Shakopee, Minnesota. In the weekend’s two finals, Polaris Pro Open racers earned three of six podium spots and earned five of the top-10 places in Saturday’s final. Polaris Pro Lite racers matched that success, and Polaris racers won the weekend’s Pro Am Plus 30 and Pro Am Women’s finals.
Pro Open: Ko...
POLARIS SNOCROSS & SNOWMOBILE FREESTYLE STAR LEVI LAVALLEE IS FEATURED ON X GAMES LIST OF 50 MOST INFLUENTIAL PEOPLE IN ACTION SPORTS
MEDINA, Minn. (Jan. 4, 2013) – Polaris snocross racer and snowmobile freestyle star Levi LaVallee has been named one of the 50 Most Influential People in Action Sports on the ESPN X Games website. This puts him in the company of legendary action sports stars such as surfing champion Kelly Slater and motorsports star Travis Pastrana.
The honor comes just three weeks before LaVallee competes on his Team LaVallee Polaris IQ® Race Sled in the 2013 X Games in Aspen, Colorado. LaVal...
POLARIS OVAL RACER NICK VAN STRYDONK OPENS SEASON WITH TWO WINS AT BEAUSEJOUR; WAHL BROS. DRIVERS PILE UP TOP 5 FINISHES
MEDINA, Minn. (Dec. 10, 2012) – Defending oval racing World Champion Nick Van Strydonk (T&N Racing) won both Pro Champ 440 finals on his Polaris-powered race sled during the Canadian Power Toboggan Championships that kicked off the oval racing season Dec. 8-9 at Beausejour, Manitoba, Canada.
Joining Van Strydonk on the podium after each Pro Champ 440 final was Brandon Johnson (Wahl Bros. Racing), who finished third both times.
In Saturday’s final, Polaris racers Dustin Wa...
POLARIS SNOCROSSER JAKE SCOTT REBOUNDS FOR PRO LITE WIN IN ISOC RACING IN MICHIGAN
MEDINA, Minn. (Dec. 10, 2012) – Polaris snocross racer Jake Scott (Team LaVallee) won a Pro Lite final, while Ross Martin (Judnick Motorsports) earned a podium finish in Pro Open and Jennifer Pare (Leighton Motorsports) won the Pro Am Women final at the Blackjack National held Friday and Saturday, December 7-8, at Blackjack Resort in Bessemer, Michigan. Blackjack was the second stop on the ISOC AMSOIL Championship snocross racing schedule, and it included two rounds of finals f...
POLARIS SNOCROSS RACERS GET OFF TO STRONG START AT ISOC SEASON OPENER AT DULUTH; ROSS MARTIN FINISHES WEEKEND IN TOP 3 IN PRO OPEN POINTS
MEDINA, Minn. (Nov. 25, 2012) – Polaris snocross racer Ross Martin (Judnick Motorsports) posted two top-five finishes in the Pro Open class at the ISOC AMSOIL Championship Snocross season opener at Duluth, Minnesota, and he came out of the opening weekend third in points. He also won $10,000 in the head-to-head “Dominator” feature that kicked off the November 23-25 weekend of snocross racing.
Polaris racer Danny Poirier (Hulten Speed Sport) won the Pro Am Plus 30 final at Dulu...
POLARIS INTRODUCES THE MOST COMPLETE RZR EVER BUILT
New RZR XP 900 H.O. Jagged X Edition is the most powerful, most comfortable and most premium
Polaris’ RZR is the No. 1 line of recreational side-by-sides on the market with a diverse line up including trail, high performance and multi-passenger options with the ultimate combination of power, suspension and agility. Today, Polaris extends the product line by introducing the new, limited edition RZR XP 900 H.O. Jagged X Edition!
“We’re very excited to offer the Jagged X Editio...
POLARIS RECALLS PRO-RMK SNOWMOBILES DUE TO INJURY, DEATH HAZARD
WASHINGTON, DC-- 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: Snowmobiles
Hazard: The bolt attaching the front, lower left shock can fail and cause the operator to lose control of the vehicle. This poses a serious hazard of injury or death.
Consumer Contact: Polaris; toll-free at (888) 704-5...
POLARIS ACQUIRES KLIM TECHNICAL RIDING GEAR
Addition of KLIM enhances Polaris offerings in the parts, garments and accessories market
MINNEAPOLIS (December 6, 2012) — Polaris Industries Inc. (NYSE: PII) today announced the acquisition of Teton Outfitters, LLC, a privately owned, Rigby, Idaho-based company which designs, develops and distributes KLIM Technical Riding Gear. Calendar year 2012 sales for KLIM are anticipated to approach $30 million. KLIM is an industry leader in technical riding gear. This acquisition adds...
COASTAL RACING AND THEIR RANGER RZR XP 900 TAKE BEST IN THE DESERT UTV CHAMPIONSHIP
Jagged X has strong race to finish season
Minneapolis, Dec. 4, 2012–With the Best in the Desert Championship up for grabs, the BITD Henderson 250 would determine the fate of the teams in the running.
Scott Kiger and Mark Holz in their Coastal Racing No. 1934 RZR XP 900 came into the race trailing the leaders by a mere four points. Matt Parks and Jason Spiess in their No. 1932 RZR XP 4 900, and Brandon Schueler and Blake Van De Loo in their No. 1919 RZR XP 4, both from Team Po...
INDIAN MOTORCYCLE MAKES PLENTY OF NOISE AT 2012 INTERNATIONAL MOTORCYCLE SHOW IN LONG BEACH
New ‘Indian Motorcycle Experience’ Includes Custom Sound Booth Where Attendees can, for the First Time, Hear and Feel the Sound of Future, Completely Reengineered Indian Motorcycle Engine
MEDINA, Minn. — December 3, 2012 — Indian Motorcycle, the original American motorcycle company, today announced its plans for the International Motorcycle Show in Long Beach, California, which runs December 7-9, 2012 at the Long Beach Convention Center. At the show, the company will make ...
POLARIS ANNOUNCES DONATION TO SUPPORT ARIZONA TRAIL WORK
Donation is the latest in Polaris’ ongoing support of the trails system
MINNEAPOLIS - (November 28, 2012) - Polaris Industries Inc. (NYSE: PII) today announced it has donated a Polaris RANGER 800 EFI Mid-Size and $24,000 to the National Forest Foundation (NFF), a non-profit partner of the U.S. Forest Service. This contribution benefits the Kelly Motorized Trail Implementation initiative and will revitalize and maintain 13 miles of trails in the Coconino National Forest, just ...
GILLETTE CHILDREN'S SPECIALTY HEALTHCARE, CHILDREN'S MIRACLE NETWORK HOSPITALS BENEFIT FROM THE POLARIS FOUNDATION AND FLOOD RUN® DONATION
St. Paul, Minn. – November 16, 2012 – The Polaris Foundation recently presented Gillette Children’s Specialty Healthcare, a member of Children’s Miracle Network Hospitals (CMN), with a check for $10,000. Polaris made this donation during the 2012 Spring and Fall Flood Run® motorcycle rides.
“The Flood Run events are a great way for the public to enjoy a day of riding that will benefit children served by Gillette throughout Minnesota and Western Wisconsin,” says Josh Fulkers...