Polaris reports misses top-line and bottom-line estimates; lowers FY24 outlook

seekingalpha
2024-10-22
  • Polaris press release (NYSE:PII): Q3 Non-GAAP EPS of $0.73 misses by $0.18.
  • Revenue of $1.72B (-23.6% Y/Y) misses by $50M.
  • Powersports retail sales for the quarter were down 7 percent versus last year driven by a decline in ORV, Motorcycles and Marine; third

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