Stephen L. Eastman
On November 19, 2024, Stephen L. Eastman, President of Parts, Garments, and Accessories (PG&A) and Aftermarket, of Polaris Inc. (the “Company”), informed the Company of his decision to retire effective December 31, 2024.
Highest-materiality recent filing
Polaris Q1 sales up 8% to $1.66B; net loss narrows to $47M; adjusted EPS $0.13
Sales $1.66B (+8% YoY); North America +10%, international -5%.
Polaris Q4 net loss $304M on impairments; guides 2026 adjusted EPS $1.50-$1.60
Q4 reported net loss $304M ($5.34 per share) vs prior year net income $11M, driven by $288M impairment from Indian Motorcycle hold-for-sale.
Polaris Q3 sales $1.84B (+7% YoY) but reports net loss; guides adj. EPS ~($0.05) for FY2025
Q3 reported loss per share $(0.28); adjusted EPS $0.41, down 44% YoY.
Polaris to sell majority stake in Indian Motorcycle to Carolwood; Q3 adj. EPS $0.31-$0.41
Agreement to sell majority of Indian Motorcycle to Carolwood LP; close expected Q1 2026.
Polaris Q2 net loss $79M; sales down 6%; goodwill impairment hit
Q2 GAAP net loss $79M ($1.39 loss per share); adjusted net income $23M ($0.40 EPS), down 71% YoY.
Polaris amends credit facility, prepays $350M senior notes, extends term loan to 2026
Prepaid all $350.0M senior notes due 2028 with proceeds from revolving loans under senior credit facilities.
Polaris Q1 net loss $67M, sales down 12%; withdraws FY2025 guidance
Reported diluted EPS loss $1.17; adjusted loss $0.90; sales $1,536M, down 12% YoY.
Polaris Q4 sales down 23% YoY; 2024 adj EPS down 65%; guides 2025 sales down 1-4%
Q4 sales $1,755M (-23% YoY); reported diluted EPS $0.19 (-90%); adjusted EPS $0.92 (-54%).
Polaris Q3 sales down 23% YoY, EPS plunge 81%; full-year guidance slashed
Q3 sales $1,722M (-23% YoY); reported EPS $0.49 (-81%), adjusted EPS $0.73 (-73%).
Polaris Q2 2024: sales $1.96B (-12%), EPS $1.21 (-48%), FY guidance cut sharply
Q2 reported sales $1,961M (-12% YoY); reported diluted EPS $1.21 (-48%); adjusted EPS $1.38 (-43%).
Polaris Q1 sales down 20% to $1.74B; adj EPS $0.23 (-89% YoY); reiterates FY guidance
Sales $1,736M (-20% YoY); reported EPS $0.07 (-96%), adjusted EPS $0.23 (-89%).
On November 19, 2024, Stephen L. Eastman, President of Parts, Garments, and Accessories (PG&A) and Aftermarket, of Polaris Inc. (the “Company”), informed the Company of his decision to retire effective December 31, 2024.
On Wednesday, July 17, 2024, Steven D. Menneto, President - Off Road of Polaris Inc. (the "Company"), informed the Company of his decision to depart the Company for a new career opportunity effective July 19, 2024.
Max materiality 0.90 · Median 0.65 · Most common event earnings