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Polaris Industries Inc (PII)

PII on New York Consolidated

106.46USD
20 Oct 2017
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$1.10 (+1.04%)
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Latest Key Developments (Source: Significant Developments)

U.S. CPSC says Polaris recalls ACE 325 recreational off-highway vehicles
Tuesday, 17 Oct 2017 11:47am EDT 

Oct 17 (Reuters) - U.S. Consumer Product Safety Commission::U.S. Consumer Product Safety Commission says Polaris recalls about 6,300 ACE 325 recreational off-highway vehicles due to fire and burn hazards​.U.S. ‍CPSC says recall involves all model year 2014 through 2016 POLARIS ACE 325 recreational off-highway vehicles ‍​.U.S. CPSC says ‍Polaris received six reports of cracked exhaust pipes, including two reports of seat damage due to melting ​relating to recalled vehicles.  Full Article

U.S. CPSC says Polaris recalls 2,800 Scrambler All-Terrain vehicles due to crash hazard
Tuesday, 8 Aug 2017 11:31am EDT 

Aug 8 (Reuters) - U.S. Consumer Product Safety Commission::Polaris recalls 2,800 scrambler all-terrain vehicles due to crash hazard.In relation to recall, Polaris has received nine reports of the throttle release switch failing, including two minor injuries.  Full Article

U.S. CPSC says Polaris recalls 16,800 RZR 170 recreational off-highway vehicles
Tuesday, 25 Jul 2017 12:58pm EDT 

July 25 (Reuters) - U.S. Consumer Product Safety Commission::Polaris recalls 16,800 RZR 170 recreational off-highway vehicles due to fuel leak, fire hazards.Polaris has received 102 reports of cracked fuel tank necks, 28 reports of burning, smoking, melted, shorted wires, including 4 reports of fires.  Full Article

Polaris Q2 earnings per share $0.97
Thursday, 20 Jul 2017 06:00am EDT 

July 20 (Reuters) - Polaris Industries Inc ::Polaris reports 2017 second quarter results.Q2 earnings per share $0.97.Q2 sales $1.365 billion versus I/B/E/S view $1.26 billion.Q2 earnings per share view $1.08 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $4.35 to $4.50.Polaris Industries Inc - polaris raising full year sales guidance and narrowing its earnings per share outlook.Polaris Industries Inc - ‍adjusted sales for full year 2017 expected in range of up 12 pct to 14 pct​.Fy2017 earnings per share view $4.43, revenue view $5.10 billion -- Thomson Reuters I/B/E/S.  Full Article

Polaris recalls about 25,600 Sportsman 570 All-Terrain vehicles due to fuel leak, fire hazards
Wednesday, 19 Jul 2017 02:33pm EDT 

July 19 (Reuters) - U.S. Consumer Product Safety Commission::Polaris recalls about 25,600 Sportsman 570 All-Terrain vehicles due to fuel leak, fire hazards.Polaris has received 30 reports of fuel leaks and four incidents involving a fire, no injuries have been reported.  Full Article

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

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Exclusive: VW's $1.8 billion Ducati sale stalls at union roadblock, strategy rift

LONDON/MILAN/BERLIN German carmaker Volkswagen has put the 1.5 billion-euro ($1.8 billion) sale of Ducati motorcycles on hold after resistance from German trade unions and internal rifts on strategy, sources familiar with the matter told Reuters.