Polaris 4th Quarter and Full year report

  • Polaris is doing pretty good, looks like they had a pretty good 2019, hopefully the new 2020 Slingshot will help their 2020 numbers and keep offering the Slingshot -


    Q4 & Full Year 2019 Highlights


    Fourth quarter reported and adjusted sales increased 7% to $1,736 million

    Fourth quarter reported net income was $1.58 per diluted share; adjusted net income for the same period was $1.83 per diluted share

    Full year reported and adjusted sales increased 12% to $6,783 million

    Full year 2019 reported net income increased 2% for the quarter compared to last year; ORV N.A. retail sales were up low-single digits percent, Indian motorcycles retail sales were up low-single digits percent

    North American retail sales $5.20 per diluted share; adjusted net income for the same period was $6.32 per diluted share, exceeding the high-end of previously issued guidance

    Polaris announced full year 2020 sales and adjusted earnings guidance with full year sales growth in the range of 2% to 4% over the prior year and full year adjusted earnings in the range of $6.80 to $7.05 per diluted share.



    https://www.polaris.com/en-us/…9-fourth-quarter-results/

  • Ooooooooohhhhhh, Shiny!


    Would be more interested in what Dealer and Service department evaluations of Company would say.


    And that could a problem within Polaris.


    The end customer of Polaris is the dealer.


    You and I as purchasers of Polaris products are the end customers of the dealer.


    Polaris does not need to advertise to us.


    And although Polaris produces product and has a marketing budget.

    Who has the bigger responsibility for moving product...

    Or for customer satisfaction?


    Polaris is innovative to say the least.

    But, they fail to recognize who the customer is.


    Fine example.

    You just washed your Slingshot and now applying wax. You notice a wrinkle in the paint. Closer inspection reveals a gouge in plastic but paint is perfect. Plastics molding failed its paint customer.


    Quality fails its customer, shipping who in turn, fails its customer, dealer.


    Polaris does not have to produce a perfect product. They only need to know their next customer to produce a better product.


    With better product and customer recognition, Polaris dealers and service departments might be more numerous and apt to remain longer. Dealers will always be the buffer between product and customer. Can't imagine how long I would want to be in the fight, taking blows from both sides.


    And, that's all I got to say 'bout that.

    Slingshot Flyer! Well, of course it's red... :REDSS: