secwatch.observer — SEC 8-K summary
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Issuer:     Polaris Inc. (PII)
CIK:        0000931015
Form:       8-K
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0001157523-22-000468
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Polaris Q1 EPS $1.14 (-46% YoY); sales flat at $1.96B; gross margin down 438 bps
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- Reported EPS $1.14 (adjusted $1.29) vs $2.11 YoY; net income $70M down 48%.
- Sales $1,957M flat YoY; North America retail sales down 22% due to supply chain.
- Gross profit margin 20.3% contracted 438 bps from 24.7% on higher input costs.
- Off-Road segment sales up 2% but gross margin down 721 bps to 19.2%; ORV retail down high-twenties.
- Full-year guidance maintained: sales $9.2-9.5B, adj EPS $10.10-10.40.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931015/000115752322000468/0001157523-22-000468-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931015/000115752322000468/a52697290.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000468

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