Polaris Reports 2016 First Quarter Results
Polaris Industries Inc. has reported first quarter net income of $46.9 million for the quarter ended March 31, 2016 compared to $88.6 million reported in the first quarter of 2015, in-line with company expectations.
Harley Reports Retail Motorcycle Sales Up Worldwide in Q1, But U.S. Sales Down
Harley-Davidson has reported that worldwide retail motorcycle sales in the first quarter were up 1.4 percent, driven by a 4.5 percent increase in international markets. Although retail motorcycle sales in the U.S. were down slightly compared to the year-ago quarter, the company says retail sales trends have significantly improved over previous quarters. Worldwide retail sales
Latest Consumer Product Safety Commission Report Shows Continuing Decline in ATV Incidents
The newly published U.S. Consumer Product Safety Commission (CPSC) 2014 Annual Report of ATV Deaths and Injuries confirmed once again that fatalities and injuries related to all-terrain vehicles (ATVs) continue to decline. The Annual Report has shown a decrease in fatalities and injuries every year since 2007.
Dealers Report ‘Sluggish’ Growth in November
According to our survey of powersports dealers, November was a month of relatively sluggish demand trends across North America. Specifically, the strong sales trends that dealers experienced during the spring and summer months of 2015 was a thing of the past.
Cycle Gear Reportedly Acquiring Revzilla
Philadelphia-based motorcycle gear retailer Revzilla is reportedly on the verge of being acquired by Cycle Gear, a national chain based in California, for a value between $400-500 million.
Polaris Reports 2015 Fourth Quarter and Full Year Results
Polaris Industries Inc. recently reported net income of $455.4 million for the full year 2015, approximately flat to previous year’s net income of $454.0 million. Sales for the full year 2015 totaled a record $4.719 billion, an increase of five percent compared to sales of $4.479 billion for the full year 2014.
Polaris Reports Third Quarter Earnings
Polaris Industries Inc. has reported record third quarter net income of $155.2 million for the quarter ended September 30, 2015, an increase of 10 percent from the prior year’s third quarter net income of $140.8 million.
Harley-Davidson Reports Third-Quarter 2015 Earnings
Harley-Davidson, Inc. third-quarter 2015 net income was $140.3 million on consolidated revenue of $1.32 billion compared to net income of $150.1 million on consolidated revenue of $1.30 billion last year. Dealer new motorcycle sales were down 1.4 percent worldwide for the third quarter compared to last year, with sales down 2.5 percent in the U.S. and up 0.9 percent internationally.
NADAguides Q2 Market Insight Report for Powersports Industry Available Now
Each NADAguides Market Insights report provides an overview of changes in average retail price by product category, year-over-year brand research trends, consumer research traffic on NADAguides.com by geographic region, and the economic impact on each industry by factors such as fuel prices and unemployment.
Polaris Reports Record Second-Quarter 2015 Results
Polaris Industries Inc. has reported a record second-quarter ended June 30, 2015, with an increase of 4 percent from the prior year. The second-quarter results included additional manufacturing costs and inefficiencies, as Polaris worked to scale-up production and add capacity to the paint system at the company’s motorcycle facility in Spirit Lake, Iowa.
Ducati Motor Holding Reports Record First Half
Ducati Motor Holding has accelerated its growth in 2015. The Bologna-based bike manufacturer managed to improve even further on the positive trend seen these last 5 years, with motorcycle sales increasing. The first half-year saw a huge 22 percent increase in volume.
BRP Reports 18 Percent Increase in Fiscal Year 2016 First-Quarter Results
BRP Inc. has reported its financial results for the three-month period ended April 30, 2015 with strong revenues of $898.1 million, an 18% increase compared to the first quarter of FY2015.
Polaris Reports First Quarter 2015 Results
Polaris reported record sales and earnings for its 2015 first quarter, with sales up 16 percent, operating income up 19 percent and net income up 9 percent, making it the company’s 22nd consecutive quarter of record earnings performance.
Harley-Davidson Reports First-Quarter Earnings
Harley-Davidson’s revenue in this year’s first quarter was down from the year-ago period primarily on unfavorable foreign currency exchange and slightly lower motorcycle shipments.
New Consumer Product Safety Commission Report Reveals Decline in ATV Deaths and Injuries
All-terrain vehicle injuries have declined significantly from 2007 through 2013 according to the U.S. Consumer Product Safety Commission (CPSC). The report also found that estimated ATV-related fatalities have declined each year from 2007 through 2013, but noted that data collection for 2010-2013 is ongoing.
Arctic Cat Reports Fiscal 2015 Second Quarter Results
Arctic Cat Inc. reported net earnings of $15.4 million on higher net sales of $262.5 million for the fiscal 2015 second quarter ended September 30, 2014. In the prior-year quarter, Arctic Cat reported net earnings of $23.4 million on net sales of $238.5 million. Commented Christopher Twomey, Arctic Cat’s chairman and chief executive officer: “Solid