PII - Polaris Shares Slip After Revenue Miss: Here's What Added Pressure On The Results | Benzinga
Polaris Inc (NYSE: PII) reported a third-quarter FY23 sales decline of 4% year-on-year to $2.25 billion.
The company missed the analyst consensus estimate of $2.25 billion.
Total Company sales in the third quarter of 2023 were negatively impacted by lower shipment volumes and higher finance interest.
Sales from Off-Road segment rose 6%, On Road segment dropped 19%, and Marine slumped 48%.
Adjusted ...