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Polaris Inc. - $PII STOCK NEWS

Welcome to our dedicated page for Polaris news (Ticker: $PII), a resource for investors and traders seeking the latest updates and insights on Polaris stock.

Polaris Inc. (NYSE: PII) is a globally recognized leader in the powersports industry, with a strong focus on innovation and customer satisfaction. Headquartered in Medina, Minnesota, Polaris serves more than 100 countries across five continents, employing over 8,000 people. The company designs, engineers, manufactures, and markets a wide range of high-quality vehicles including off-road vehicles like ATVs and side-by-side vehicles, snowmobiles, motorcycles, and on-road electric/hybrid vehicles.

Recent Achievements and Projects
Polaris' latest ventures include significant upgrades to their RANGER lineup, featuring a redesigned front end, a new transmission, and additional factory-installed accessories. They have also announced the introduction of the RANGER CREW XP 1000 NorthStar Texas Edition and the return of the RANGER CREW XP 1000 Waterfowl Edition. The company continues to expand its market presence, notably in the marine industry, following the acquisition of Boat Holdings in 2018.

Financial Condition
Polaris reported strong financial results for the first quarter of 2024, reflecting robust performance across its product lines. The company is set to release its next financial results on April 23, 2024.

Partnerships and Community Involvement
Polaris is deeply committed to community engagement and environmental stewardship through initiatives like the TRAILS GRANTS program, which supports off-road clubs and organizations. Polaris has donated over $3.5 million to these causes since 2006.

Events and Competitions
Polaris Factory Racing continues to dominate in UTV racing events, recently securing top positions in the SCORE Baja 500 and the San Felipe 250. The company's vehicles, particularly the RZR Pro R Factory, have proven themselves formidable in competitive settings.

Customer Engagement
Polaris also operates Polaris Adventures, offering premium ride and drive experiences at over 250 locations across the U.S. and Canada. This initiative aims to provide customers with unique outdoor experiences and introduce them to Polaris' extensive product lineup.

News

POLARIS OFF ROAD AND SEBASTIEN LOEB RACING PROVE SUPERIOR WITH RZR PRO R FACTORY, SECURING MONUMENTAL 2024 DAKAR RALLY VICTORY

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Polaris Off Road and Sebastien Loeb Racing secured the prestigious Side-by-Side Vehicle (SSV) T4 class victory at the 46th Edition of the Dakar Rally with the Polaris RZR Pro R Factory. Xavier de Soultrait and co-pilot Martin Bonnet navigated the vehicle to two stage wins and five top three finishes, ultimately winning the race by a margin of two and a half minutes. The RZR Pro R Factory, featuring a high-strength, lightweight chassis and a race-tuned ProStar Fury 2.0L engine, showcased its strength and capabilities through the brutal terrain of Saudi Arabia, setting a new precedent within the UTV industry. The victory is a testament to the combined power of the SLR team's skill and perseverance, the engineering prowess of Polaris, and the superiority of the RZR Pro R Factory.
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Polaris Announces Executive Vice President of Global Operations and Chief Technology Officer Ken Pucel to Retire; Realignment to Deepen Connection with Strategy and Global Business Unit Structure

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Polaris Inc. (NYSE: PII) announces the retirement of EVP of Global Operations and CTO Ken Pucel, effective in April. The company is elevating and expanding the roles of other leaders to continue delivering on its long-term strategy and drive profitable growth.
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POLARIS OFF ROAD PARTNERS WITH SEBASTIEN LOEB RACING TO COMPETE IN THE 2024 DAKAR RALLY WITH RACE-READY RZR PRO R FACTORY MACHINES

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Polaris Off Road joins forces with Sebastien Loeb Racing to field RZR Pro R Factory vehicles in the 2024 Dakar Rally, featuring Xavier de Soultrait and Florent Vayssade as drivers. The revolutionary RZR Pro R platform has dominated the UTV industry and secured the SCORE Pro UTV Open Class Championship in 2023, setting a new precedent with its race-ready power, strength, and control.
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Polaris Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast

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Polaris Inc. (NYSE: PII) will release its Q4 and full year 2023 financial results on January 30, 2024. A conference call and webcast will be held at 10:00 AM central time on the same day, hosted by CEO Mike Speetzen and CFO Bob Mack. The financial results will be available on the company's website at ir.polaris.com, with an alert issued over a news wire. Investors can access the webcast link and slide presentation on the Polaris Investor Relations website. The conference call can be accessed by phone, with a replay of the webcast available on the company's website.
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BENNINGTON LAUNCHES NEW APPAREL AND ACCESSORIES LINE

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Bennington, the leading manufacturer of pontoon boats in North America, has launched a new line of high-quality apparel and accessories for owners to showcase their brand loyalty and elevate their on-the-water lifestyle. With over 100 new items, the product lineup includes apparel, hats, boating accessories, drinkware, coolers, and more. The apparel is designed for maximum comfort, performance, and function, featuring custom designs and high-quality materials. The accessories are carefully selected to enhance the overall ownership experience and showcase Bennington's commitment to quality.
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Polaris Slingshot's New 2024 Model Year Lineup Delivers Extraordinary Driving Experiences & One-of-a-Kind On-Road Adventures

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Polaris introduces the 2024 Slingshot lineup with premium paint, bold graphics, and thoughtful updates. The autocycle appeals to a diverse community of riders, attracting new customers and engaging a broader audience. The introduction of the Slingshot ROUSH® Edition and a wide range of factory accessories further enhances the driving experience. The 2024 lineup offers a variety of paint options, updated SL wheels, a superior Stage 2 Audio Package, and the option to personalize the vehicle through the 'Build Yours' digital configurator.
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POLARIS AWARDED A 2023 POPULAR SCIENCE "BEST OF WHAT'S NEW" AWARD

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Polaris (NYSE: PII) wins Popular Science Best of What's New Award for all-electric Polaris RANGER XP Kinetic in the automotive category. The RANGER XP Kinetic offers industry-leading horsepower and torque, setting a new benchmark for utility side-by-side vehicle performance and productivity. It features an all-electric powertrain, engineered for off-road use through Polaris' exclusive 10-year partnership with Zero Motorcycles®. The vehicle also comes equipped with RIDE COMMAND+ for industry-first connected vehicle services. The award recognizes the vehicle's performance and Polaris' continued efforts to innovate and set new standards within the off-road industry.
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POLARIS FACTORY RACING CAPS OFF DOMINANT FIRST SEASON WITH BAJA 1000 VICTORY FOR CAYDEN MACCACHREN & SCORE PRO UTV OPEN CHAMPIONSHIP FOR BROCK HEGER

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Polaris (PII) dominates the UTV field at the Baja 1000, securing top five overall UTV positions. Polaris Factory Racing driver Cayden MacCachren wins UTV Overall, teammate Brock Heger finishes third, capturing the 2023 SCORE UTV Pro Open Class Series Championship. Polaris won at each of the four SCORE events, with three UTV Overall wins. MacCachren led a trio of drivers to take the UTV Overall and Pro UTV Open Class wins by more than seven minutes over the competition. The 56th running of the SCORE Baja 1000 was 1,310.94 miles long, and Polaris' RZR Pro R Factory cars finished every mile of every race. Polaris Factory Racing team secured four race wins by three different drivers, with Heger standing as the SCORE UTV Pro Open class champion.
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Polaris Donates More Than $100,000 to Off-Road and Snow Organizations through its Fall 2023 TRAILS GRANTS

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Polaris Inc. (NYSE: PII) Donates Over $100,000 to Off-Road Vehicles and Snowmobile Organizations in the U.S. and Canada as Part of TRAILS GRANTS Program
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Polaris Inc. Named 2023 Digital Leadership Award Winner by Ventana Research for Office of Finance Transformation with OneStream Software

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Polaris Inc. Wins Digital Leadership Award for Innovative Use of AI in Forecasting and Planning
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FAQ

What types of products does Polaris Inc. manufacture?

Polaris designs and manufactures off-road vehicles including ATVs and side-by-sides, snowmobiles, motorcycles, on-road electric/hybrid vehicles, and marine products.

Where is Polaris Inc. headquartered?

Polaris Inc. is headquartered in Medina, Minnesota.

How many countries does Polaris serve?

Polaris serves more than 100 countries across North America, South America, Europe, Asia, and Australia.

What recent upgrades have been made to the Polaris RANGER lineup?

The 2025 RANGER lineup features a redesigned front end, a new transmission, and additional factory-installed accessories. New models like the RANGER CREW XP 1000 NorthStar Texas Edition have also been introduced.

What is the TRAILS GRANTS program?

The TRAILS GRANTS program supports off-road vehicle clubs and organizations by funding trail development, maintenance, and safety initiatives. Polaris has donated over $3.5 million since 2006.

How does Polaris engage with its customers?

Polaris engages customers through Polaris Adventures, offering ride and drive experiences across the U.S. and Canada, and through its active participation in community and environmental programs.

What are some of Polaris' recent racing achievements?

Polaris Factory Racing has recently secured top positions in events like the SCORE Baja 500 and the San Felipe 250, showcasing the performance of their RZR Pro R Factory vehicles.

When will Polaris release its next financial results?

Polaris is set to release its next financial results on April 23, 2024.

What is Polaris' presence in the marine industry?

Polaris expanded into the marine market in 2018 with the acquisition of Boat Holdings, offering products like Bennington pontoons, Godfrey pontoons, and Hurricane deck boats.

Who are some of the notable athletes supported by Polaris?

Polaris supports athletes like eight-time PRCA World Champion Stetson Wright and Barrel Racer Lisa Lockhart, among others, and partners with the Professional Rodeo Cowboy Association.

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Polaris Inc.

NYSE:PII

PII Rankings

#1292 Ranked by Market Cap
#1040 Ranked by Dividends

PII Stock Data

4.35B
53.13M
5.92%
86.09%
6.71%
Motorcycle, Bicycle, and Parts Manufacturing
Manufacturing
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United States of America
MEDINA