Company Financials

Polaris reports Q2 revenue declines

IBI , by Craig Ritchie2020-07-28T15:37:00

Bennington pontoon

Minneapolis, US-based boat and powersports equipment manufacturer Polaris Inc reported a 15% decline in second-quarter revenues today, driven by double-digit declines in its boats, motorcycles and global adjacent markets business units.

With 28% YOY revenue decrease, boat division sales decline for fourth consecutive quarter in spite of surging US market…

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