Setting Records - Polaris Slingshot Forum
 
LinkBack Thread Tools
post #1 of 1 (permalink) Old 04-24-2015, 03:58 PM Thread Starter
Senior Member
 
Join Date: May 2014
Posts: 255
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 40 Post(s)
Setting Records



On the back of better then expected Q1 results Polaris just posted their 6th consecutive quarterly beat. 16% growth on revenue YoY, fuelled by 8% gains in retail sales alone. Operating income jumped 19% and net income rose 9%, which to me indiactes that despite its growth Polaris isn't adding bloat. 22 consecutive quarters of record beating performance doesn't happen by accident.

CEO Scott Wine:

Quote:
"We outperformed the market again in most of our businesses in spite of increased competitive promotional pressures, weakening global markets and the corresponding negative effect from currencies. While we are justifiably proud of these accomplishments, we remain focused on seizing the numerous opportunities we missed to perform better."
Slingshot is one of core pillars underpinning Polaris recent success:

Quote:
Arguably most impressive were sales of Polaris motorcycles, where revenue skyrocketed 74% over the same year-ago period, to $137.4 million. For that, investors can thank increases from all three of Polaris' Victory, Indian Motorcycle, and Slingshot brands. That included a nearly 40% collective jump in retail demand for Victory and Indian Motorcycles, the latter of which showed particular strength.
Buried in their earnings report was a reference to a new bright orange Slingshot Special Edition:

Quote:
and Slingshot adding a limited edition model packed with head-turning features, including striking Nuclear Sunset Orange coloring, dual windscreens and an interior LED lighting package.
MikeyB is offline  
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Polaris Slingshot Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










User Tag List

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome