Tuesday, June 18, 2024

HomeStock MarketPolaris points to 'challenging' snow levels as a drag on sales

Polaris points to ‘challenging’ snow levels as a drag on sales

Beautifull background on a Christmas theme with snowdrifts, snowfall and a blurred background.

Larysa Pashkevich

Polaris (NYSE:PII) reported sales fell 20% year-over-year in Q1 to $1.74B. Sales were down due to lower volume, which was only partially offset by a positive vehicle selling mix. A low level of snow during the quarter was cited as a challenge in churning


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