Polaris Industries (PII) Tops Q1 EPS by 17c; Bumps Outlook
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Polaris Reports 2019 First Quarter Results
April 23, 2019 6:00 AM EDTQ1 2019 Highlights
Reported and adjusted sales for the first quarter of 2019 increased 15% to $1,496 million
Reported net income was $0.78 per diluted share, down 8% over the prior year; adjusted net income for the same period was $1.08 per diluted share, down 4% over the prior year, ahead of Company expectations
North American retail sales decreased 3% for the quarter compared to last year; ORV N.A. retail sales were down mid-single digits percent and motorcycle sales were down high-single digits percent, both negatively impacted by weather
Gained market share in snowmobiles for the season... More
