Company Financials

Polaris Q3 marine revenues down 48%

> , by Craig Ritchie2023-10-24T13:36:00

Polaris CEO Mike Speetzen

Lower volumes attributed to inflation, higher consumer finance rates

Minnesota, US-based boat and powersports equipment manufacturer Polaris Inc released its 2023 third quarter financial results early Tuesday, reporting a 4% year-over-year revenue decline overall and a 48% YoY drop in marine division revenues.

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