PII changes
Pick any two versions below to diff them.
- Price
- $59.41 → $66.34(+11.7%)
- Discount category
- Below intrinsic value → Close to intrinsic value
- Recent events
- Oct 27, 2026: Polaris reported Q3 2026 sales of $2,043 million, up 11%, GAAP EPS of $0.66 and adjusted EPS of $1.08. Tariff refunds of $10 million added $0.13 to adjusted EPS. North America sales grew 14%, and Polaris gained off-road vehicle share for the sixth quarter in a row. Its off-road vehicle retail sales, without Youth models, grew 2%, while North America industry retail sales were flat. Adjusted results exclude $24.6 million of litigation-related expenses, mostly for pending class action settlements. Polaris raised its 2026 guidance for the third time, to adjusted sales of $7.55 billion to $7.60 billion and adjusted EPS of $3.50 to $3.60. About $1.09 of that EPS comes from tariff refunds. removed: Sep 18, 2026: UBS cut its price target on Polaris to $61 from $67 and kept a Neutral rating. It pointed to continued promotions in powersports. The stock fell about 3% that afternoon. Jul 28, 2026: Polaris reported Q2 2026 sales of $2.02 billion, up 9%, and adjusted EPS of $1.97. A refund of $74 million of IEEPA tariffs added $0.96 to adjusted EPS. North America off-road vehicle retail sales grew 5%, ahead of the industry. Polaris raised its 2026 guidance to sales of $7.30 billion to $7.50 billion and adjusted EPS of $3.00 to $3.10, from $1.60 to $1.70. About $40 million of possible further tariff refunds is not in the guidance. The stock fell about 2% to 4% that day. Jun 22, 2026: Polaris appointed Dustin Semach, the CEO of Sealed Air, to its board, effective June 19, 2026. He joined the audit and compensation committees. Jun 15, 2026: Polaris paid a quarterly dividend of $0.68 per share, up from $0.67 a year earlier. Apr 30, 2026: At the annual meeting, shareholders elected the Class II directors and approved 4.58 million more shares for the company's equity incentive plan. Apr 28, 2026: Polaris reported Q1 2026 sales of $1.66 billion, up 8%, a GAAP loss of $0.83 per share and adjusted EPS of $0.13. It kept its 2026 guidance of $7.15 billion to $7.30 billion in sales and $1.60 to $1.70 of adjusted EPS. On February 2, 2026, it had completed the sale of a majority interest in Indian Motorcycle.