Polaris Inds Stock Price, News & Analysis

Polaris Off-Road has launched the 2021 RZR Trail and Trail S models, enhancing trail adventure with new styling and advanced technology. The lineup promises improved rider comfort and agility, featuring narrower stances and shorter wheelbases for easier maneuverability. Key innovations include Ride Command with GPS navigation, factory audio by Rockford Fosgate, and 29 new custom accessories. The RZR Trail lineup starts at $13,399, while the RZR Trail S begins at $15,299. Deliveries are set for early February 2021, affirming Polaris's commitment to leading the off-road market.

Polaris Off-Road announces the addition of off-road racing champion Casey Currie to the RZR Factory Racing team as a brand ambassador. Currie, with a legacy of victories in prestigious races like the Dakar Rally and Baja 1000, will utilize the 2021 Polaris RZR Pro XP Ultimate for his racing endeavors. Currie's affiliation is expected to strengthen Polaris' product development and racing efforts, particularly as he prepares for the upcoming King of the Hammers event.

Polaris Inc. (NYSE: PII) will release its fourth quarter and full year 2020 financial results on January 26, 2021. A conference call will take place at 9:00 a.m. CT the same day, hosted by interim CEO Mike Speetzen and interim CFO Bob Mack. Investors can access a slide presentation on the Polaris Investor Relations website. Phone access for the call is available at 1-877-883-0383 (U.S.) and 1-412-902-6506 (International), using Conference ID 0080812.

Polaris Inc. (NYSE: PII) announced the appointment of Michael Speetzen as interim CEO and Bob Mack as interim CFO, effective January 1, 2021. This follows the departure of Scott Wine, the former CEO. John Wiehoff has been appointed Chair of the Board. Speetzen, previously the CFO, has played a key role in financial management and growth initiatives, while Mack brings experience from corporate development. The transition aims to ensure continuity and support ongoing strategic execution amidst the CEO search.

Polaris Off Road, a leader in powersports, is hosting a livestream event featuring Zac Brown Band on December 27 to support veterans and active military members through the Proud American Thank You initiative. The campaign encourages donations to Camp Southern Ground, with Polaris matching contributions up to $25,000. The event marks the band's first performance since the pandemic began. Zac Brown expressed gratitude for the partnership with Polaris, while Steven Menneto highlighted the company's commitment to honoring veterans.

Polaris Slingshot has unveiled significant upgrades for its 2021 model lineup, enhancing driving experience, style, and audio. Key updates include a refined AutoDrive transmission with paddle shifters and a new Rockford Fosgate audio system with Apple CarPlay integration. Notably, the 2021 models saw a nearly doubled business during peak seasons, with 80% of dealers experiencing stable or increased sales. Starting prices range from $19,999 to $34,799, depending on the model and features. Consumers can learn more about the lineup as it ships to dealers now.

Polaris Slingshot announced the winner of its build-off competition between DUB and The Auto Firm, with DUB's custom blacked-out 2020 Slingshot for Travis Barker taking the title. The event highlighted the Slingshot as a platform for personalization, featuring unique designs that reflect client personalities. DUB's creation boasts a fully blacked-out design complemented by custom seating and an enhanced sound system. The competition reinforces Polaris Slingshot's dedication to innovation and community engagement in the automotive customization sector.

Polaris RZR Factory Racing Team achieved its eighth consecutive championship at the 53rd SCORE Baja 1000, with Wes Miller winning the Pro Turbo class. The team secured the overall win and three podium finishes, with a total of 42 entries. Miller finished the grueling 898-mile race in just over 26 hours, outperforming competitors significantly. Other notable finishes included Adrian Orellana's 2nd and Kaden Wells' 3rd in Pro UTV N/A. Team Manager Brett Carpenter highlighted the success as a testament to Polaris' racing platform, building momentum for the upcoming Dakar Rally in January 2021.

Polaris Inc. (NYSE: PII) announced the departure of its Chairman and CEO, Scott Wine, who will take on the CEO role at CNH Industrial. Wine will remain at Polaris through year-end as succession plans are finalized. Under his leadership since 2008, Polaris expanded from $1.9 billion to nearly $7 billion in sales and tripled its market presence, achieving Fortune 500 status. Polaris reaffirmed its 2020 sales and earnings guidance, projecting adjusted earnings of $7.15 to $7.30 per diluted share, marking a 13-16% increase from 2019.