secwatch.observer — SEC 8-K summary
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Issuer:     Polaris Inc. (PII)
CIK:        0000931015
Form:       8-K
Filed at:   2022-01-25T23:59:59+00:00
Accession:  0001157523-22-000084
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Polaris Q4 adj EPS $2.16 (-35% YoY); FY2021 record sales $8.2B; FY2022 adj EPS guidance $10.10-$10.40
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- Q4 reported sales $2,170M (+1% YoY); adjusted EPS $2.16 vs $3.34 YoY (-35%); gross margin fell 499 bps to 20.5%.
- FY2021 record sales $8,198M (+17%); adjusted EPS $9.13 (record), exceeding prior guidance.
- Supply-chain constraints drove higher input costs; ORV NA retail sales down mid-20%s; snowmobile retail down ~30%.
- FY2022 guidance: sales $9,215-$9,455M (+12-15%); adjusted EPS $10.10-$10.40 (+11-14%).
- Divested GEM/Taylor-Dunn in Q4 with $37M loss; operating cash flow $293.7M (-71%) due to inventory build.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931015/000115752322000084/0001157523-22-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931015/000115752322000084/a52568041.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000084

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