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Polaris’ snowmobile sales up 247%

Polaris’ snowmobile sales up 247%

“Minneapolis – Polaris Industries says it has broken its sales record for the third straight quarter, reporting record second quarter sales of $607.9 million. That’s a 41% increase from a year ago. It also reported snowmobile sales soared, up 247% for the quarter.

Polaris’ second quarter income was up 90% to $48.7 million from $25.6 million the prior year. The company improved its cash position, reporting $262.2 million as of June 30, compared to $166.3 million in 2010.

“Given our first half results and the continued strength of our businesses, we are again significantly raising our expectations for sales and earnings for the full year of 2011,” said Scott Wine, Polaris’ chief executive officer.

2011 full year sales are expected to grow 25% to 28%. In the previous quarter, Polaris was expecting year sales growth of 17% to 20% despite the nation’s struggling economy.

Historically snowmobile sales during the second quarter are low. However, Polaris’ snowmobile sales were up 247% to $6.8 million from $2 million in the second quarter of 2010. Sales for the six months ending June 30 were up 110% to $15.8 million from $7.5 million in 2010.

Polaris’ largest segment, off-road vehicles, saw sales rise 41% for the quarter to $482.3 million. This increase reflects North American market share gains for both ATVs and side-by-side vehicles, the firm said. Sales of ORVs outside of North America increased 35%.

Polaris’ on-road vehicle division, primarily Victory motorcycles, increased 99% to $30.9 million. Sales outside of North America, also, increased 34%.

The Parts, Garments and Accessories division saw sales rise 23% to $87.9 million. PG&A increased across all divisions.”

 

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Source: http://cs.amsnow.com/snocs/themes/blogs/sno/post.aspx?WeblogApp=news&y=2011&m=07&d=20&PostName=polaris-snowmobile-sales-up-247

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Polaris Launches Snow Trails App

Polaris Launches Snow Trails App

Polarisapp

“Polaris has launched a new (and free) app for the Apple iPhone/iPad and Android phones/tablets.

Developed in partnership with Broadcast Weather, LLC, the Polaris Snow Trails app combines Weather Nation’s interactive weather services with Google-based maps to enhance the riding experience for snowmobilers.

Polaris Sow Trails Features:

– Display your current location

– View maps of U.S. snowmobile trails

– View snow cover, weather conditions and advisories for any U.S. location

– Find and contact Polaris dealers

– Local services search with integrated direct dialing, including gas stations, restaurants and lodgings

– Save waypoints along your route

– Track and save multiple snowmobile routes

– Automatic map caching so maps can still be viewed while on the trail and outside of data coverage areas

– Multitasking on iOS4 for route tracking in the background

– Share saved routes to Twitter or Facebook

– Export route data in GPX or CSV format

Snow Trails for Android

Snow Trails for iPhone”

 

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Source: http://www.snowmobile.com/blog/2011/07/polaris-launches-snow-trails-app.html

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Tucker Hibbert Introduces his 2012 Castle X Monster Energy Tucker Hibbert Replica Jacket

[youtube http://www.youtube.com/watch?v=uSPC-QgcNJc]

 

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From the Blog: The Backpack Scooter Lets

From the Blog: The Backpack Scooter Lets You Walk Then Ride – The Backpack Scooter Lets You Walk Then Ride This may … http://ow.ly/1dNmtE

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