Polaris Industries today posted 1/4th Quarter results for 2017 setting record highs! and Slingshots sales played a significant role!
"Reported sales for the fourth quarter of 2017 increased 18% to a record $1,431 millionGross sales were up 18 %"
and specifically, from the motorcyle division ,
"Indian Motorcycles wholegood sales increased in the high-single digit percent range in the fourth quarter, while Slingshot® sales more than doubled. Gross profit for the fourth quarter of 2017 was $5 million compared to $1 million in the fourth quarter of 2016. Adjusted for the Victory Motorcycles wind down costs of $3 million, motorcycle gross profit was $8 million, up from the fourth quarter last year due to higher sales volume for both Indian Motorcycles and Slingshot and lower warranty costs."
See the full report at the link below
Polaris Industries Inc. - Polaris Reports 2017 Fourth Quarter and Full Year Results
This is good news for all Slingshot enthusiasts and I predict Scott Wine, C.E.O. Polaris will have a good mention for Slingshots in his conference call to all investors due later today . they,ll post that call on the same site linked above later today . I,ll be sure to post any good news for our industry from that call later once its available online.
