Key Developments: Polaris Industries Inc (PII)
92.05USD
20 May 2013
$0.59 (+0.65%)
$91.46
$91.57
$92.73
$91.14
776,683
805,658
$93.89
$67.69
Latest Key Developments (Source: Significant Developments)
Polaris Industries Inc Declares Regular Cash Dividend
Polaris Industries Inc announced the declaration of a regular quarterly $0.42 per share cash dividend payable on June 17, 2013 to shareholders of record at the close of business on June 3, 2013. Full Article
Polaris Industries Inc Raises FY 2013 Guidance
Polaris Industries Inc raised fiscal 2013 guidance and expects earnings to be in the range of $5.05 to $5.20 per diluted share (EPS), an increase of 15% to 18% over earnings of $4.40 per diluted share for the full year 2012. Sales for fiscal 2013 are now expected to grow in the range of 12% to 15%. The Company reported revenue of $3.209 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.15 on revenue of $3.62 billion for fiscal 2013. Full Article
Polaris Industries Inc Acquires Aixam Mega
Polaris Industries Inc announced the acquisition of A.M. Holding S.A.S., which operates under the name Aixam Mega S.A.S., a privately owned company based in Aix-les-Bains, France which manufactures and sells enclosed on-road quadricycles and light duty commercial vehicles in Europe. Financial terms of the transaction were not disclosed. Full Article
Polaris Industries Inc Announces 14% Increase In Cash Dividend For 2013
Polaris Industries Inc announced that its Board of Directors approved a 14% increase in the 2013 regular quarterly cash dividend that raises the payout to $0.42 per share. The first quarterly dividend will be payable on March 15, 2013 to shareholders of record at the close of business on March 1, 2013. Full Article
Polaris Industries Inc Announces Changes To Board Of Directors
Polaris Industries Inc announced its Board of Directors voted to elect Scott Wine, Polaris` Chief Executive Officer, as Chairman of the Board. Wine succeeds Greg Palen, who has been Chairman for 11 years and has nearly 20 years of service on the Board. Full Article
Polaris Industries Inc Issues FY 2013 Guidance Below Analysts' Estimates
Polaris Industries Inc announced that for fiscal 2013, it expects earnings per share (EPS) to be in the range of $4.85-$5.05 per diluted share, which represents an increase of 10% to 15% compared to full year 2012 earnings. Net income for fiscal 2013 is expected to increase in the range of 10% to 15% over full year 2012. Sales for fiscal 2013 are expected to increase 7% to 10% over fiscal 2012 sales, with sales increases projected in Off-Road Vehicles, On-Road Vehicles and PG&A. The Company reported net income of $312.3 million and revenue of $3.209 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.18, net income of $367 million and revenue of $3.63 billion for fiscal 2013. Full Article
Polaris Industries Inc Acquires KLIM Technical Riding Gear
Polaris Industries Inc announced the acquisition of Teton Outfitters, LLC, a privately owned, Rigby, Idaho-based company which designs, develops and distributes KLIM Technical Riding Gear. This acquisition adds KLIM to Polaris' growing parts, garments and accessories (PG&A) business. The terms of the transaction were not disclosed. Full Article
Polaris Industries Inc Declares Regular Cash Dividend
Polaris Industries Inc announced the declaration of a regular quarterly $0.37 per share cash dividend payable on December 17, 2012 to shareholders of record at the close of business on November 30, 2012. Full Article
Polaris Industries Inc Raises FY 2012 Guidance
Polaris Industries Inc raised its previously issued sales and earnings guidance and now expects fiscal 2012 earnings in the range of $4.32 to $4.37 per diluted share, an increase of 35% to 37% over fiscal 2011 earnings of $3.20 per diluted share. Fiscal 2012 sales are now expected to grow in the range of 19% to 20% from fiscal 2011. The Company reported sales of $2.657 billion in fiscal 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $4.18 on revenue of $3.128 billion for fiscal 2012. Full Article
Polaris Industries Inc. Declares Regular Cash Dividend
Polaris Industries Inc. announced the declaration of a regular quarterly $0.37 per share cash dividend payable on September 17, 2012 to shareholders of record at the close of business on August 31, 2012. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
