Mon, Mar. 9, 10:22 AM
- Media reports have cropped up over the last month indicating some snowmobile shortages in various locations on the East Coast.
- The increase in demand in the region may be offset by a warmer-than-normal winter in Alaska (Iditarod Trail Sled Dog Race moved 225 miles north) and parts of the Rocky Mountain states.
- Google trends chart on search query "snowmobile" for 2015 vs. 2014.
- Related stocks: Arctic Cat (ACAT +0.7%), Yamaha ([[YAMCF, OTCQX:YAMCY), Polaris (PII -0.1%).
Thu, Jan. 29, 11:02 PM
- Polaris (NYSE:PII) declares $0.53/share quarterly dividend, 10% increase from prior dividend of $0.48.
- Forward yield 1.43%
- Payable March 16; for shareholders of record March 2; ex-div Feb. 26.
- The board has authorized an additional repurchase of 4M shares to the existing repurchase program, bringing the cumulative total to 5.1M shares (8% of common stock).
Tue, Jan. 27, 6:44 AM
- Motorcycle sales +50% to $103.48M.
- Snowmobile sales +2% to $138.07M.
- Off-road vehicles sales +19% to $781.5M.
- PG&A sales +21.0% to $210.74M.
- Small vehicle sales -11% to $41.21M.
- Gross profit rate -43 bps to 28.8%.
- Operating margin rate +87 bps to 16.47%.
- FY2015 Guidance: Sales: +9% to +12%; Net income: +9% to +12%; Diluted EPS: $7.22 to $7.42 (+9% to +12%).
- PII -1.05% premarket.
Tue, Jan. 27, 6:01 AM
Mon, Jan. 26, 5:30 PM
Fri, Jan. 9, 2:54 PM
Wed, Jan. 7, 6:08 AM
Oct. 24, 2014, 12:11 PM
Oct. 22, 2014, 7:00 AM
Oct. 22, 2014, 6:03 AM
Oct. 21, 2014, 5:30 PM
Aug. 18, 2014, 12:41 PM
- Shares of Winnebago (WGO +5.8%) trade higher on what's been a broad rally in vehicle manufacturer stocks off of a mix of positive economic news for the industry.
- Navistar (NAV +4.7%), Arctic Cat (ACAT +4.4%), Polaris (PII +2.1%), and Spartan Motors (SPAR +2.4%) are also showing gains.
- Of the major automobile manufacturers, General Motors (GM +1.7%) is showing the most strength.
- Shares of Harley-Davidson (HOG +1.2%) aren't stuck in neutral either.
Jul. 24, 2014, 11:08 AM
Jul. 22, 2014, 9:14 AM
Jul. 22, 2014, 9:02 AM
- Harley-Davidson (NYSE:HOG) -4.2% premarket after cutting its FY 2014 shipment guidance, citing Q2 sales that suffered from prolonged poor weather across parts of the U.S. and soft demand for its low-priced Sportster motorcycles.
- HOG now sees shipments of 270K-275K motorcycles to dealers and distributors worldwide in 2014, a 3.5%-5.5% Y/Y increase but down from previous guidance of 279K-284K and a 7%-9% increase.
- The new bikes, which analysts say were supposed to begin appearing in dealer showrooms in May, did not begin to arrive until late June, but HOG did not explain why the bike was delayed.
- Otherwise, Q2 earnings were better than expected; HOG says it shipped 92,217 motorcycles to its worldwide network during Q2, a 9% Y/Y increase, and expects to ship 49K-54K bikes in Q3 vs. 54,025 in the year-ago quarter.
- HOG's Q2 difficulties did not appear to affect rival motorcycle maker Polaris Industries (NYSE:PII), which also reported higher earnings but raised its full-year forecast.
Jul. 22, 2014, 6:02 AM
PII vs. ETF Alternatives
Polaris Industries, Inc., designs, engineers and manufactures off-road vehicles, which includes all terrain vehicles and side-by-side vehicles for recreational and utility use, snowmobiles, and motorcycles.
Other News & PR