The maker of off-road vehicles, motorcycles and boats did deliver better-than-expected results for the fourth quarter, but it's not expecting a rebound in sales for the coming year. "Polaris has weathered storms before," said CEO Mike Speetzen.

The Business Journals

United States

Polaris sales fell 20% in 2024; ATV manufacturer expects another drop in 2025

Ad Fontes Media

All Sides

Media Bias/Fact Check

Advance Publications

MEDINA, Minn. (AP) — MEDINA, Minn. (AP) — Polaris Inc. (PII) on Tuesday reported fourth-quarter net income of $10.6 million. On a per-share basis, the Medina, Minnesota-based company said it had net income of 19 cents. Earnings, adjusted for asset impairment costs and restructuring costs, were 92 cents per share. The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings…

Washington Top News

Hubbard Broadcasting

Washington

District of Columbia

Polaris Inc: Q4 Earnings Snapshot

The cuts, necessary because of a soft powersports market, included 10% of its workforce. With profits down 90% in the fourth quarter, the Medina-based powersports giant will continue to make cuts in 2025 as it adjusts to a soft retail market.

Star Tribune

Glen Taylor

Minneapolis

Hennepin County

Minnesota

Polaris cuts $280M out of costs in 2024

LONG ISLAND CITY, N.Y. (AP) — LONG ISLAND CITY, N.Y. (AP) — JetBlue Airways Corp. (JBLU) on Tuesday reported a loss of $44 million in its fourth quarter.

Morning Times

Sayre

Bradford County

Pennsylvania

JetBlue: Q4 Earnings Snapshot

Mid Florida Newspapers

Fourth quarter marine segment revenues drop just 4% while segment gross profit margin dips by 65 bps on managed inventory reduction initiatives

International Boat Industry

Polaris 2024 Q4 revenues down 23%

JetBlue

Polaris sales fell 20% in 2024; ATV manufacturer expects another drop in 2025

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