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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.

Rhea-AI Summary
Polaris Inc. (NYSE: PII) will release its first quarter 2024 financial results on April 23, 2024. The conference call and webcast will be hosted by CEO Mike Speetzen and CFO Bob Mack. The company will provide a slide presentation and webcast link on their Investor Relations website. Investors can access the financial results on ir.polaris.com.
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Polaris Off Road is set to unveil the second generation of its championship-winning RZR Pro R Factory at the San Felipe 250, following a successful 2023 season. The upgraded model features a stronger chassis, new bodywork, enhanced electronic components, and various race modifications. The team aims to defend its 2023 SCORE series Championship title with the Gen 2 RZR Pro R Factory, showcasing Polaris' commitment to off-road performance and innovation.
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509 launches its 2024 Dirt Collection, featuring industry-first anti-fog goggle technology, new gear kits with youth sizes, and best-selling helmet designs in exciting colors. The collection aims to provide riders with comfort, style, and high-performance gear.
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Polaris Inc. (NYSE: PII) unveils its 2025 Snowmobiles and Timbersled lineup, featuring groundbreaking technology like the patented DYNAMIX suspension, lighter RMKs, expanded Patriot 9R engine availability, and the new 650 Titan Adventure widetrack. The company offers customization through SnowCheck until March 27, 2024, aiming to enhance the snowmobiling experience for riders.
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Polaris Inc. (NYSE: PII) has been recognized as one of the 2024 World's Most Ethical Companies® by Ethisphere for the second consecutive year. Polaris CEO, Mike Speetzen, expressed pride in the company's integrity and values. Polaris is one of only eight honorees in the Automotive industry among 136 recognized companies worldwide. The company's commitment to ethics and compliance is evident in its culture and programs. The listed honorees outperformed a global index by 12.3 percentage points from January 2019 to January 2024.
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Polaris Inc. (NYSE: PII) will present at the Raymond James 45th Annual Institutional Investors Conference. CEO and CFO will make a formal presentation on March 5, 2024, at 9:15 a.m. Eastern Time. Webcast and slide presentation available on ir.polaris.com.
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Indian Motorcycle collaborates with Roland Sands Design on a limited-edition FTR motorcycle celebrating the hooligan lifestyle. The FTR x RSD Super Hooligan® features race-inspired design elements and premium performance components.
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Polaris Commercial introduces the all-new Pro XD Kinetic, a full-size electric UTV designed for jobsite and heavy-duty applications. The Pro XD Kinetic offers zero emissions, zero fuel costs, and zero compromises, while maintaining durability, serviceability, and safety features. It leverages Polaris' 10-year partnership with Zero Motorcycles®, providing a powerful all-electric powertrain with 1,250 lbs cargo and 2,500 lbs towing capacity. The vehicle's minimal maintenance requirements reduce downtime and costs, with a 60% decrease in scheduled maintenance costs compared to gas-powered vehicles. Safety features like orange seatbelts, top speed calibration, and reduced sound levels enhance worker safety and compliance. The Pro XD Kinetic promises dependability with heavy-duty construction, long-lasting battery, and instant torque for tough jobs. It offers a range of up to 45 miles and saves an estimated $2,800 in fuel costs over five years. The vehicle is designed for easy charging with standard outlets or generators, eliminating the need for new infrastructure. Polaris Commercial also provides a range of accessories for customization and productivity enhancements.
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Indian Motorcycle unveils the 2024 Roadmaster Elite, featuring a custom-inspired Indian Motorcycle Red tri-tone paint scheme with upscale fit-and-finish and world-class touring capabilities. The partnership with renowned custom paint shops adds an extra layer of authenticity to the design.
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Polaris Inc. (PII) has announced a 2% increase in its regular quarterly cash dividend, making it $0.66 per share. This marks the 29th consecutive year of dividend increases. The first quarter dividend will be payable on March 15, 2024, to shareholders of record at the close of business on March 1, 2024.
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FAQ

What is the current stock price of Polaris (PII)?

The current stock price of Polaris (PII) is $67.95 as of November 22, 2024.

What is the market cap of Polaris (PII)?

The market cap of Polaris (PII) is approximately 3.7B.

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.

Polaris Inc.

NYSE:PII

PII Rankings

PII Stock Data

3.73B
52.34M
6.03%
83.73%
6.4%
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