{"id":2231,"date":"2012-01-27T11:39:04","date_gmt":"2012-01-27T16:39:04","guid":{"rendered":"http:\/\/smallvehicles.wordpress.com\/?p=2231"},"modified":"2012-01-27T11:39:04","modified_gmt":"2012-01-27T16:39:04","slug":"polaris-reports-record-financial-results-again","status":"publish","type":"post","link":"https:\/\/smallvehicleresource.com\/blog\/2012\/01\/27\/polaris-reports-record-financial-results-again\/","title":{"rendered":"Polaris Reports Record Financial Results Again"},"content":{"rendered":"<p id=\"\">Showing strength across all product lines Polaris Industries reported record fourth quarter and full year profits on Wednesday. ??For the fourth quarter sales increased 26% from 4Q 2010 to $782.0 million and for the full year sales increased 33% from 2010 to??$2,656.9 million. Other full year highlights include:<\/p>\n<ul>\n<li>Increased market share for all product lines<\/li>\n<li>39% increase in international sales<\/li>\n<li>Net income of $227.6 million &#8211; 55% more than 2010.<\/li>\n<\/ul>\n<div>Their Off-Road Vehicle (ORV) segment increased sales 32% over 2010 to $1.82 billion. ??The segment includes ATVs and side-by-sides. ??Management reports??ATV unit retail sales growing upper single digits percent and side-by-side vehicle unit retail sales increasing about 20 percent over the prior year. ??Polaris continues to gain market share in each segment. ??<a title=\"Polaris Reports Record Results\" href=\"http:\/\/www.marketwatch.com\/story\/polaris-reports-record-2011-fourth-quarter-and-full-year-results-2012-01-25\" target=\"_blank\" rel=\"nofollow\">Learn more: ??Marketwatch.com<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div>Earnings Call highlights:<\/div>\n<div>\n<ul>\n<li>The overall ATV market declined low double digits for 2011 while side-by-sides increased low double digits.<\/li>\n<li>Polaris sales through their partnership with Bobcat increased 60% in 2011.<\/li>\n<li>Polaris has discontinued their Breeze LSV in light of their GEM acquisition and production of GEMs in their Spirit Lake facility has begun.<\/li>\n<li>Asia Pacific and Latin America are the key global markets<\/li>\n<li>Expectations for a slower level of growth for the company and ORV sales for the coming year.<\/li>\n<li>New products with Bobcat likely in end of 2012 or early 2013<\/li>\n<li>Strong growth in military segment expected with sales to special forces and in unmanned technology products<\/li>\n<\/ul>\n<div><a title=\"Polaris 4Q 2011 earnings Call Transcripty\" href=\"http:\/\/seekingalpha.com\/article\/322157-polaris-industries-ceo-discusses-q4-2011-results-earnings-call-transcript\" target=\"_blank\" rel=\"nofollow\">Learn more: ??Seekingalpha.com <\/a>(call transcript)<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Showing strength across all product lines Polaris Industries reported record fourth quarter and full year profits on Wednesday. ??For the fourth quarter sales increased 26% from 4Q 2010 to $782.0 million and for the full year sales increased 33% from &hellip; <a href=\"https:\/\/smallvehicleresource.com\/blog\/2012\/01\/27\/polaris-reports-record-financial-results-again\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,8,12,23,27],"tags":[121,205,387,1000,1181],"class_list":["post-2231","post","type-post","status-publish","format-standard","hentry","category-gem","category-globalization","category-management","category-sales-figures","category-utility-vehicles","tag-atv","tag-breeze","tag-earnings","tag-polaris-industries","tag-side-by-side"],"_links":{"self":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2231"}],"collection":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/comments?post=2231"}],"version-history":[{"count":0,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/posts\/2231\/revisions"}],"wp:attachment":[{"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/media?parent=2231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/categories?post=2231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallvehicleresource.com\/blog\/wp-json\/wp\/v2\/tags?post=2231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}