Polaris Industries

Polaris Schedules Second Quarter 2020 Earnings Release Call and Webcast

Retrieved on:

Thursday, June 25, 2020

Aftermarket, Automotive, General Automotive, Recreational vehicles, Off-Road Trucks & SUVs, Motorcycles, Fictional characters, Motor vehicles, Snowmobiles, Polaris Industries, Transport, Polaris, New York Stock Exchange, Aftermarket, PII, Automotive aftermarket

Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2020 financial results on Tuesday, July 28, 2020, and will hold a conference call and webcast at 9:00 a.m. central time on the same day to discuss the results.

Key Points:

Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2020 financial results on Tuesday, July 28, 2020, 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; and Mike Speetzen, Executive Vice President and CFO.
A slide presentation and webcast link will be posted on the Polaris Investor Relations website at ir.polaris.com .
Polaris enhances the riding experience with parts, garments, and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts.

Polaris Awarded 7-Year Contract to Build U.S. Special Operations Newest Vehicle

Retrieved on:

Thursday, June 4, 2020

Engineering, Defense, Automotive Manufacturing, Manufacturing, Other Defense, Contracts, Stars, Astronomical objects, Fictional characters, Polaris Industries, Snowmobiles, Lockheed Corporation, Polaris, Polaris RZR

Following a competitive bid process, Government Services Administration (GSA), in support of U.S. Special Operations Command (USSOCOM), awarded Polaris Government and Defense a follow-on contract for the Polaris MRZR Alpha, a new light tactical vehicle.

Key Points:

Following a competitive bid process, Government Services Administration (GSA), in support of U.S. Special Operations Command (USSOCOM), awarded Polaris Government and Defense a follow-on contract for the Polaris MRZR Alpha, a new light tactical vehicle.
Polaris Government and Defense is a division of global powersports leader Polaris Inc. (NYSE: PII).
The seven-year contract has a value of up to $109 million and was awarded on May 29, 2020.
Polaris is the largest ultralight tactical vehicle provider for the U.S. military, with the MRZR Alpha being Polaris 11th military vehicle produced in 12 years.

Polaris Declares Regular Cash Dividend and Announces Covenant Relief

Retrieved on:

Tuesday, May 26, 2020

Aftermarket, Automotive, Other Automotive, General Automotive, Recreational vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Motor vehicles, Snowmobiles, Polaris Industries, Dividend, Transport, Polaris, Quadricycle, Automotive aftermarket, Land transport

Polaris Inc. (NYSE: PII) today announced a sharp turnaround in its business performance, the declaration of a regular quarterly cash dividend and amended covenant agreements.

Key Points:

Polaris Inc. (NYSE: PII) today announced a sharp turnaround in its business performance, the declaration of a regular quarterly cash dividend and amended covenant agreements.
Polaris announced today that its Board of Directors have declared a regular quarterly cash dividend of $0.62 per share payable on June 15, 2020 to shareholders of record at the close of business on June 5, 2020.
Polaris enhances the riding experience with parts, garments, and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts.
Polaris presence in adjacent markets includes military and commercial off-road vehicles, quadricycles, and electric vehicles.

Polaris Slingshot’s ‘Drive for Good’ Campaign Will Turn Test Drives Into a Donation to Feed Families in Need

Retrieved on:

Thursday, May 14, 2020

Starting today, and through June 30, every consumer that test drives a Slingshot will represent a donation of up to 100 meals to families in need.

Key Points:

Starting today, and through June 30, every consumer that test drives a Slingshot will represent a donation of up to 100 meals to families in need.
View the full release here: https://www.businesswire.com/news/home/20200514005776/en/
Polaris Slingshot - Drive for Good (Photo: Business Wire)
Per test drive, a $10 donation will be made by Polaris Slingshot to a local food shelf or a national organization such as Feeding America.
To find a participating dealer and schedule a test drive appointment, visit https://slingshot.polaris.com/en-us/test-ride/ .
Unless noted, trademarks are the property of Polaris Industries Inc. Polaris Industries Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200514005776/en/

Polaris Slingshot to Celebrate and Recognize Today’s Unsung Heroes With a Superhero Ride

Retrieved on:

Thursday, April 16, 2020

Off-Road Trucks & SUVs, Alternative Vehicles, Fuels, Motorcycles, Automotive, Performance & Special Interest, Stars, Fictional characters, Astronomical objects, Polaris Slingshot, Polaris Industries, Wheeled vehicles, Slingshot, Polaris, Autocycle, Slingshot, Three-wheeler, PII

In an effort to shine a light and celebrate these individuals, Polaris Slingshot is asking its community to share stories about the superheroes in their lives.

Key Points:

In an effort to shine a light and celebrate these individuals, Polaris Slingshot is asking its community to share stories about the superheroes in their lives.
From now until June 3, Slingshot will be celebrating and acknowledging these local heroes on its social media channels.
During these unprecedented times, Americans have had to adapt and stretch to unimaginable lengths, said Chris Sergeant, Vice President of Polaris Slingshot.
Polaris Slingshot, a wholly-owned brand of Polaris Inc. (NYSE: PII), continues to define the category through style, ride experience and community with our three-wheeled autocycle.

Polaris Announces an Incremental $300 Million Unsecured Term Loan Under Existing Credit Facility

Retrieved on:

Thursday, April 9, 2020

Automotive Manufacturing, Motorcycles, Manufacturing, Automotive, Performance & Special Interest, Economy, Money, Finance, Banking, Arranger, Bookrunner, Market liquidity, Polaris Industries, Polaris, Bank, Loan agreement

Polaris Inc. (NYSE: PII) today announced that it has entered into an incremental $300 million 364-day unsecured term-loan facility, further increasing the Companys liquidity position.

Key Points:

Polaris Inc. (NYSE: PII) today announced that it has entered into an incremental $300 million 364-day unsecured term-loan facility, further increasing the Companys liquidity position.
Execution of this new term loan with our long-standing banking partners provides us with an additional liquidity buffer to navigate these uncertain times, said Mike Speetzen, Polaris Executive Vice President and Chief Financial Officer.
U.S. Bank National Association served as administrative agent, lead left arranger and lead bookrunner for the new term-loan agreement.
Polaris enhances the riding experience with parts, garments, and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts.

ATV Drivetrain System Market 2020-2024 | Increasing Demand for Four-wheel Drive ATVs to Boost Growth | Technavio

Retrieved on:

Thursday, March 12, 2020

Off-Road Trucks & SUVs, Recreational vehicles, Performance & Special Interest, Automotive, Companies, Motor vehicles, Economy of Japan, Asia Television, Yamaha Motor Company, Polaris Industries, Suzuki, Kawasaki motorcycles, ATV

Our ATV drivetrain system market report covers the following areas:

Key Points:

Our ATV drivetrain system market report covers the following areas:
This study identifies growing ATV experience zones as one of the prime reasons driving the ATV drivetrain system market growth during the next few years.
ATV Drivetrain System Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the ATV drivetrain system market, including some of the vendors such as Kawasaki Heavy Industries Ltd., Polaris Industries Inc., Suzuki Motor Corp., TEAM Industries, and Yamaha Motor Co. Ltd.
Backed with competitive intelligence and benchmarking, our research reports on the ATV drivetrain system market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
ATV Drivetrain System Market 2020-2024: Key Highlights

Polaris Inc. to Present at The Raymond James Institutional Investors Conference

Retrieved on:

Thursday, February 27, 2020

Polaris Inc. (NYSE: PII) announced today that it will present at The Raymond James 41st Annual Institutional Investors Conference at the JW Marriott Grande Lakes in Orlando, Florida on Tuesday, March 3, 2020 at 2:15 p.m. Eastern Time.

Key Points:

Polaris Inc. (NYSE: PII) announced today that it will present at The Raymond James 41st Annual Institutional Investors Conference at the JW Marriott Grande Lakes in Orlando, Florida on Tuesday, March 3, 2020 at 2:15 p.m. Eastern Time.
Scott Wine, Chairman and CEO of Polaris, will provide a brief review of the Companys performance as well as an update on current business conditions.
An audio webcast of the presentation will be available by accessing the Polaris Investor website at ir.polaris.com .
Polaris enhances the riding experience with parts, garments, and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts.

Polaris Takes Slingshot to the Next Level With Dynamic Redesign, All-New Powertrain & AutoDrive Transmission

Retrieved on:

Wednesday, January 15, 2020

Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Performance & Special Interest, Motorcycles, Weapons, Fictional characters, Polaris Slingshot, Snowmobiles, Polaris Industries, Slingshot, Polaris, Rockford

Powered by Polaris first-ever four-cylinder engine and featuring 70 percent new vehicle content, the 2020 Slingshot SL and Slingshot R take the Slingshot experience to a whole new level.

Key Points:

Powered by Polaris first-ever four-cylinder engine and featuring 70 percent new vehicle content, the 2020 Slingshot SL and Slingshot R take the Slingshot experience to a whole new level.
Our new AutoDrive transmission will open the door for more people to get in, stand out, and take their driving experience to a whole new level, said Mike Dougherty, President of Polaris Slingshot.
At the heart of the 2020 Slingshot is Polaris Industries first four-cylinder engine, the ProStar 2.0L.
Unless noted, trademarks are the property of Polaris Industries Inc. 2020 Polaris Industries Inc.
ROCKFORD FOSGATE is a registered trademark of Rockford Corporation.

Victor Koelsch to Join Polaris in Newly Created Role of Chief Digital Officer

Retrieved on:

Monday, January 13, 2020

Polaris Inc. (NYSE: PII) today announced Victor M. (Vic) Koelsch will join Polaris in the newly created role of chief digital officer, beginning January 13.

Key Points:

Polaris Inc. (NYSE: PII) today announced Victor M. (Vic) Koelsch will join Polaris in the newly created role of chief digital officer, beginning January 13.
With both technology and customers digital expectations evolving faster than ever, Koelsch will own the digital strategy for the company.
Koelsch will dual report to Polaris Chairman and CEO Scott Wine and Polaris Executive Vice President and Chief Financial Officer Mike Speetzen.
In addition, Koelsch served as Michelins first chief digital officer where he led the companys digital strategy including development of digital services and assets and directly managing the companys standalone digital businesses.