UTV sales.. The pendulum shift has begun!

Hondasxs

Hondasxs

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Polaris reports decreased sales in Q3
October 25, 2016

Polaris Industries Inc. (NYSE:pII) reported third quarter net income of $32.3 million, or $0.50 per diluted share, for the quarter ended September 30, 2016 compared to $155.2 million, or $2.30 per diluted share reported in the third quarter of 2015. Sales for the third quarter of 2016 totaled $1,185.1 million, down 19 percent from last year’s third quarter sales of $1,456.0 million.

“Our third quarter results, while discouraging, were in line with our revised guidance and reflect our ongoing execution of the RZR recalls and significant quality and safety improvement initiatives. During the past three months, we have accelerated our efforts to get our loyal owners back to riding safely, and are now over 50 percent complete with the RZR 900/1000 recalls and slightly below 50 percent on the more recent RZR Turbo recall notice. In addition to these recall challenges, we continued to face a weak overall Powersports industry, but were encouraged by continued retail strength for Indian and our overall motorcycle business, and the return to growth for side-by-sides in September,” commented Scott Wine, Polaris’ chairman and CEO.

Full story - Polaris reports decreased sales in Q3 | Powersports Business
 
CumminsPusher

CumminsPusher

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That's got to make the guy that sits with his thumb in his ass while making payments on the new rig feel a little better about it being in the shop since he bought it in the spring.
I see more anti-Honda adds coming.


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JohnNH

JohnNH

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Hopefully you'll get things straightened out I personally would be talking to Honda and asking for some type of retribution good luck


That's got to make the guy that sits with his thumb in his ass while making payments on the new rig feel a little better about it being in the shop since he bought it in the spring.
I see more anti-Honda adds coming.


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Dp5hunter

Dp5hunter

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I'm afraid that Honda and there pioneer line of SXS plus with the help of the up and coming TALON, HONDA is going to put Polaris on a lot of trouble with sales.;):):D:p
 
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AKRider

AKRider

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Hopefully you'll get things straightened out I personally would be talking to Honda and asking for some type of retribution good luck
I think you misinterpreted @CumminsPusher post.
 
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Manwell

Manwell

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There are a lot of reasons I chose the Pioneer and Honda quality is a big part of that... combine their quality with the mechanical attributes of the P1000 and there ya have it.
 

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