Polaris (NYSE:PII) posts an update ahead of a presentation at the company's analyst/investor day event in Wyoming, Minnesota.
Polaris expects 2018 EPS of $6.43 to $6.58 under a new EPS structure that begins this quarter.
Headwinds on gross profit over the next five years are expected to include price/promo, warranty, leverage and VIP Management sees hitting a gross profit rate of around 30.0% by 2022.
On capital deployment, Polaris says the top priorities are organic investment, return to shareholders and acquisitions.
Polaris presentation slides (.pdf)