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Polaris Industries Inc (PII.N)

PII.N on New York Stock Exchange

84.74USD
26 May 2017
Change (% chg)

$-0.12 (-0.14%)
Prev Close
$84.86
Open
$84.73
Day's High
$85.64
Day's Low
$84.54
Volume
75,506
Avg. Vol
160,629
52-wk High
$99.00
52-wk Low
$70.16

Latest Key Developments (Source: Significant Developments)

Eicher Polaris starts exports to Nepal
Monday, 22 May 2017 03:29am EDT 

May 22 (Reuters) - Eicher Polaris Private Ltd::Eicher Polaris Private Ltd starts exports with Nepal.Co flagged-off its first lot of Multix from company's plant in Kukas industrial area in Jaipur.  Full Article

Polaris Q1 loss per share $0.05
Tuesday, 25 Apr 2017 06:00am EDT 

April 25 (Reuters) - Polaris Industries Inc ::Polaris reports 2017 first quarter results.Q1 loss per share $0.05.Q1 sales $1.154 billion versus I/B/E/S view $1.1 billion.Q1 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 adjusted earnings per share view $4.25 to $4.50.Q1 adjusted earnings per share $0.75 excluding items.Qtrly total dealer inventory was down 8% year-over-year.Fy2017 earnings per share view $4.39 -- Thomson Reuters I/B/E/S.  Full Article

Polaris voluntarily recalls certain off-road vehicles
Thursday, 13 Apr 2017 11:35am EDT 

Polaris Industries Inc : Polaris voluntarily recalls certain off-road vehicles . Voluntarily recalling certain model year 2015 RANGER 900s . No injuries have been reported from any of recalled units . In conjunction with U.S. CPSC, voluntarily recalling certain model year 2015 RANGER 900s due to faulty fasteners on a heat shield . Repair costs for recall repairs are not material and were contemplated in co's full year 2017 earnings guidance issued in January . Also recalling certain model year 2017 Sportsman ATVs due to a potentially faulty electronic power steering unit .Model year 2015 RANGER recall covers 51,000 units, model year 2017 Sportsman ATV recall covers 3,800 units.  Full Article

U.S. CPSC says Polaris recalls Sportsman 850, 1000 ATVs due to burn and fire hazards
Tuesday, 21 Mar 2017 12:17pm EDT 

U.S. Consumer Product Safety Commission : Polaris recalls Sportsman 850 and 1000 All-Terrain Vehicles due to burn and fire hazards . Recall involves all model year 2015 and 2016 Polaris Sportsman 850 and 1000 model All-Terrain Vehicles . Polaris has received at least 793 incidents, including reports of warped, melted or burned side panels, 47 fires, four minor burn injuries .Recall involves 19,200 Polaris ATVs.  Full Article

Polaris Industries CEO Scott Wine's FY 2016 total compensation $5.46 Mln
Friday, 10 Mar 2017 10:38am EST 

Polaris Industries Inc :CEO Scott Wine's fy 2016 total compensation $5.46 million versus $7.11 million in fy 2015 - sec filing.  Full Article

U.S. CPSC says Polaris recalls about 13,500 RZR and general recreational off-highway vehicles
Thursday, 2 Mar 2017 11:48am EST 

U.S. Consumer Product Safety Commission : U.S. Consumer Product Safety Commission - polaris recalls about 13,500 rzr and general recreational off-highway vehicles due to burn and fire hazards . Polaris received 14 reports of vehicles catching fire related to brake master cylinder, 1 report of fire, 2 reports of melting vehicle components Further company coverage: [PII.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

State Street Corp reports a 6.81 pct passive stake in Polaris Industries
Wednesday, 8 Feb 2017 04:36pm EST 

Polaris Industries Inc :State Street Corp reports a 6.81 percent passive stake in polaris industries inc as of Dec. 31, 2016.  Full Article

Polaris to cease manufacturing of Victory motorcycles, effective immediately
Monday, 9 Jan 2017 09:41am EST 

Polaris Industries Inc : Polaris Industries to wind down Victory motorcycles operations strengthening its position in the powersports industry . Says announcement does not affect any other polaris business units . Says "remains committed to maintaining its presence in Spirit Lake, Iowa" . Says one-time costs associated with supporting Victory dealers in selling their remaining inventory will be recorded in 2017 income statement .Says competitive pressures of a challenging motorcycle market have increased headwinds for Victory brand.  Full Article

U.S. CPSC says Polaris recalls about 9,900 Sportsman 570 ATVs due to fire hazard
Thursday, 29 Dec 2016 01:00pm EST 

U.S. Consumer Product Safety Commission - : U.S. Consumer Product Safety Commission says Polaris recalls about 9,900 Sportsman 570 all-terrain vehicles due to fire hazard .U.S. CPSC - Recall involves model year 2014 through 2016 Sportsman 570 Touring and X2 model ATVs and model year 2017 Sportsman 570 6x6 model ATVs.  Full Article

Polaris Industries a third amended and restated credit agreement
Thursday, 10 Nov 2016 06:05pm EST 

Polaris Industries Inc : Entered into a third amended and restated credit agreement dated as of Nov 9, 2016 . Polaris Industries - credit agreement provides for increase of $250 million in size of 5-year delayed draw term loan credit facility provided for by existing credit agreement to $750 million . Polaris Industries -$600 million five-year senior revolving credit facility provided for by existing credit agreement remains unchanged- sec filing .Polaris Industries - credit agreement provides for increase of $125 million in amount by which co may request facility be increased from $550 million to $675 million.  Full Article

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BRIEF-Polaris Q1 loss per share $0.05

* Q1 earnings per share view $0.70 -- Thomson Reuters I/B/E/S