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Polaris Reports Q2 2014 Sales Results

The relaunch of Indian Motorcycles continues to be a resounding success for Polaris Industries, helping the company report a 107% increase in second quarter revenue from motorcycle sales. Polaris reported revenues of $103.1 million in the quarter ended June 30, more than double the $49.9 million in revenue reported over  the same quarter last year. Polaris continues to see strong demand for Indian, which relaunched last summer, while demand for Victory decreased by the mid-single digits.

Polaris Reports Increased Results for Both Fourth Quarter and Full Year

  For the 2012 year ending December 31, 2012, Polaris Industries, Inc., (NYSE: PII) reported record net income of $4.40 per diluted share, a 38% increase compared to $3.20 per diluted share. For the fourth quarter of 2012 Polaris reported a net income of $1.24 per diluted share, up 38 percent from the prior year’s fourth quarter net income of $0.90 per diluted share. Reported net income for the full year was $312.3 million, up 37 percent from the previous year’s net income of $227.6 million.

Indian Motorcycle to Reveal 2015 Lineup at Sturgis

Indian Motorcycle made a splash at last year’s Sturgis Rally, making its rebirth under Polaris Industries and revealing its Thunderstroke 111 V-Twin powered 2014 lineup. It should come as no surprise then that Indian announced it will reveal its all-new 2015 model lineup at this year’s Sturgis Rally. Although Indian makes the “all-new” claim, we expect a similar lineup to what’s currently available (Chief, Chief Vintage and Chieftain), perhaps with a revision or a new spin on an existing model.