Polaris Inc. raised its full-year 2026 financial outlook after reporting second-quarter results that surpassed internal targets. Reported sales increased 9%, driven by double-digit growth in the Powersports segment, while organic sales rose 17% when excluding Indian Motorcycle. Operational adjusted earnings per share reached $1.01, exceeding the target range of $0.70 to $0.80, and adjusted earnings per share were $1.97, including a $74 million pre-tax benefit from IEEPA tariff refund claims. The company now expects full-year sales of $7.3 billion to $7.5 billion, representing 2% to 5% growth, and raised its full-year adjusted earnings per share guidance to $3.00 to $3.10. Off-road vehicle North American retail grew 5%, marking the fifth consecutive quarter of market share gains, while dealer inventory decreased 8% year over year. Management cited strong operational performance, favorable product mix, and tariff refunds as key drivers, while noting ongoing headwinds from commodity costs and a pressured recreational vehicle market.
Polaris Inc.Polaris Inc. raised full-year guidance after strong Q2 earnings beat, driven by sales growth and tariff refunds.
Polaris Industries IncPolaris Inc. raised full-year guidance after strong Q2 earnings beat, driven by sales growth and tariff refunds.
Polaris Group