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Polaris Reports Q4 2011 Results
Wed, 25 Jan 2012Polaris Industries reported a record net profit of $227.6 million for 2011. Polaris’ on-road arm, which consists primarily of Victory Motorcycles saw a 79% year-on-year increase in sales. Sales from on-road vehicles, including Victory and Indian motorcycles as well as small electric vehicles from the newly-acquired GEM and Goupil brands, totaled $146.3 million in 2011, compared to just $81.6 million in 2010.
Indian Teases A New Model Announcement
Fri, 01 Aug 2014Indian Motorcycles is big on history. So, if recent history is applicable, we expect to see a new Indian model announced tomorrow at the 74th annual Sturgis Rally. The clues are everywhere.
Polaris Reports Q1 2013 Results
Tue, 23 Apr 2013Polaris Industries reported a 26% increase in net income over the first quarter of 2013, but a 2.9% decline in on-road vehicle sales (comprised almost entirely of Victory and Indian Motorcycles). The company’s first quarter filings report a net income of $75.5 million, up from the $60.1 million reported over the same period in 2012. Much of the increase can be attributed to a 217% increase in net sales from its snowmobile division, spurred in large part by increase in snowfall across many regions of North America.
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