secwatch.observer — SEC 8-K summary
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Issuer:     Polaris Inc. (PII)
CIK:        0000931015
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001157523-21-001250
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Polaris Q3 EPS $1.84, revenue flat YoY; cuts FY2021 adjusted EPS guidance to ~$9.00
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- Q3 reported sales flat at $1,959.5M; net income $114.6M ($1.84 EPS) down 31% YoY.
- North American retail sales fell 24% due to supply chain constraints; ORV sales down 6%.
- Full-year FY2021 adjusted EPS guidance lowered to ~$9.00 (from prior); sales guided ~$8.15B (+16% YoY).
- Gross margin contracted 359 bps to 23.8% on higher input costs, partially offset by pricing.
- Company plans to divest GEM and Taylor-Dunn businesses by year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931015/000115752321001250/0001157523-21-001250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931015/000115752321001250/a52515005.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001250

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer