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United Airlines grows highest-end Polaris airport lounge by 50% in battle for wealthy customers
CNBC· 2025-04-29 12:01
Group 1 - United Airlines has reopened its Polaris lounge in Chicago, which is now 50% larger than before, featuring Crate & Barrel furnishings [1] - The lounge spans 25,000 square feet, located in Terminal 1 at Chicago O'Hare International Airport, with seating for 350 passengers and additional amenities [1] - The lounge includes six additional bathrooms, a second "speakeasy-style" bar, and 50 seats designated for sit-down dining [1] Group 2 - The first Polaris lounge was opened by United in 2016, coinciding with the launch of its long-haul, business-class cabin of the same name [2] - The Polaris lounge is exclusive to customers flying internationally in the Polaris cabin, establishing a two-tiered lounge system that has been adopted by other airlines like American Airlines and Delta Air Lines [2]
Polaris(PII) - 2025 Q1 - Quarterly Results
2025-04-28 22:35
First Quarter 2025 Earnings Results April 29, 2025 FINANCIAL AND OPERATIONAL HIGHLIGHTS | (in millions, except per share data) | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | Quarter ended March 31, 2025 | | Reported | YOY % Chg. | | Adjusted* | YOY % Chg. | | Sales | $ | 1,535.8 | (12)% | $ | 1,536.3 | (12)% | | Gross profit margin | | 16.0 % | -307 bps | | 16.6 % | -242 bps | | Total operating expenses | $ | 303.2 | (3)% | | | | | Net loss attributable to Polaris | $ | (66.8) | NM | $ | (51.1) ...
Polaris Donates More Than $120,000 to Off-Road and Snow Organizations Through Its Spring 2025 TRAILS GRANTS
Prnewswire· 2025-04-23 14:03
Core Insights - Polaris Inc. has announced a donation of over $120,000 to off-road vehicles (ORV), all-terrain vehicles (ATV), and snowmobile riding clubs and organizations in the U.S. as part of its TRAILS GRANTS program [1] - Since the inception of the TRAILS GRANTS program in 2006, Polaris has supported over 425 organizations with more than $3.5 million in donations [5] TRAILS GRANTS Program - The TRAILS GRANTS program is awarded twice annually to support nonprofit organizations and local riding clubs for trail development, maintenance projects, and safety education initiatives [2][3] - The program aims to promote safe and responsible riding, facilitate trail preservation, and protect the environment associated with off-road trail systems [1][2] Recent Recipients - The Spring 2025 TRAILS GRANTS recipients include 13 organizations, each receiving awards up to $10,000 for various projects such as trail rehabilitation, fire recovery, and safety improvements [4][7] - Notable recipients include Sitka Trail Works, Sierra Buttes Trail Stewardship, and the Pennsylvania Off-Highway Vehicle Association, which will use the funds for trail maintenance and safety initiatives [4][7] Company Overview - Polaris Inc. is a global leader in powersports, offering a wide range of products including off-road vehicles, snowmobiles, and motorcycles, and has been in operation since 1954 [6]
Analysts Estimate Polaris Inc (PII) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-04-22 15:06
Polaris Inc (PII) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on April 29, 2025, might help the stock move higher if these key numbers are better than expect ...
RZR FACTORY RACING CONQUERS GRUELING 2025 SCORE SAN FELIPE 250, CLAIMING UTV OVERALL WITH BROCK HEGER'S SIXTH STRAIGHT WIN IN RZR PRO R FACTORY
Prnewswire· 2025-04-07 20:45
Core Insights - RZR Factory Racing team demonstrated dominance in UTV racing at the 2025 SCORE Championship, with Brock Heger winning the UTV Overall and UTV Pro Open, marking his sixth consecutive victory [1][5] - The Polaris RZR Pro R Factory vehicle showcased its capabilities, securing nine of the top ten positions in the UTV Pro Open class, highlighting its strength and reliability [1][5] Performance Highlights - Brock Heger started third and quickly surged to the front, showcasing elite driving and vehicle performance, while Max Eddy Jr. finished third in the UTV Pro Open class [2][4] - The RZR Factory Racing team maintained a strong presence throughout the race, with Heger and MacCachren battling for first place by mile 140 [3][4] Future Outlook - RZR Factory Racing is preparing for the Baja 500, scheduled for June 4–8, with ambitions to continue their championship run and extend Polaris' winning legacy in the SCORE series [5]
Polaris Schedules First Quarter 2025 Earnings Conference Call and Webcast
Prnewswire· 2025-03-27 11:00
MINNEAPOLIS, March 27, 2025 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its first quarter 2025 financial results on Tuesday, April 29, 2025, and will hold a conference call and webcast at 9:00 AM central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, Chief Executive Officer, and Bob Mack, Chief Financial Officer. The financial results will be posted on the company's website at ir.polaris.com. The company will issue an alert over a new ...
Polaris Renewable Energy: A High-Yield Bargain For Value Investors
Seeking Alpha· 2025-03-23 13:56
Core Insights - Polaris Renewable Energy has made significant improvements to its business over the past year, indicating a positive growth trajectory [1] - The company has capital available for deployment into growth opportunities, suggesting potential for expansion [1] - Polaris offers a generous dividend yield of over 7%, making it an attractive option for income-focused investors [1] - The shares of Polaris are trading at a low valuation of just 5 times trailing earnings, indicating potential undervaluation [1] Company Overview - Polaris Renewable Energy is listed on the TSX under the ticker PIF:CA and also trades on the OTC market as RAMPF [1] - The company focuses on undercovered and unappreciated Canadian dividend stocks, aiming to provide solid value to investors [1]
Polaris Reaffirms Strategy for Long-Term Growth and Profitability at 2025 Capital Markets Day
Prnewswire· 2025-03-13 01:00
Company Overview - Polaris Inc. is the global leader in powersports, offering a diverse range of products including off-road vehicles, snowmobiles, motorcycles, and boats since its founding in 1954 [3] - The company serves nearly 100 countries worldwide and is headquartered in Minnesota [3] Industry Insights - During the 2025 Capital Markets Day, Polaris provided an overview of the powersports industry and its long-term strategy to maintain leadership while achieving mid-cycle financial targets [1] - The company is committed to innovation, customer satisfaction, and dealer relationships, alongside improving operational efficiency [1] Leadership Statements - CEO Mike Speetzen expressed confidence that the actions taken will strengthen Polaris as the powersports market recovers, focusing on enhancing financial strength and shareholder value [2]
POLARIS SWEEPS 2025 MINT 400 AS HEGER CONTINUES HIS DESERT DOMINANCE WITH A COMMANDING OVERALL WIN IN RZR PRO R FACTORY
Prnewswire· 2025-03-10 20:15
Core Insights - Polaris Off Road achieved a historic victory at the Mint 400, with the RZR Factory Racing team making its debut and dominating the event [1][2] - Brock Heger secured the overall win in the Limited race, continuing his impressive winning streak across various prestigious off-road events [2][5] - The RZR Pro R platform showcased its performance by claiming all top 10 positions in the UTV Pro Open class and the top four overall spots in the Limited race [2][5] Performance Highlights - Brock Heger finished the race over seven minutes ahead of the second-place driver, demonstrating exceptional speed and control [3][4] - The starting order was determined by a qualifying race, with Heger starting second and quickly taking the lead during the first lap [3] - Heger reached a remarkable speed of 118 mph during the race, showcasing the capabilities of the RZR Pro R Factory [3] Team Dynamics - The race featured intense competition among Polaris teammates, with Cayden MacCachren finishing second, Mitch Guthrie third, and Max Eddy Jr. fourth [2][4] - The team displayed strong performance throughout the race, with strategic positioning and overtaking maneuvers leading to podium finishes [4] Future Outlook - The RZR Factory Racing team is preparing for the upcoming 2025 SCORE season kickoff at the San Felipe 250, aiming to maintain their winning momentum [5][6] - The success at the Mint 400 is seen as a testament to the engineering and performance of the RZR Pro R platform, with expectations for continued dominance in future races [5]
Polaris Promotes Matt Winings to Senior Vice President and General Counsel
Prnewswire· 2025-03-10 15:30
Core Viewpoint - Polaris Inc. has promoted Matt Winings to senior vice president, general counsel, and corporate secretary, effective immediately, as part of its executive leadership team [1][2]. Group 1: Leadership Changes - Matt Winings will oversee all legal, compliance, regulatory, government affairs, and governance practices across Polaris' global businesses [1]. - Winings joined Polaris in 2023 as vice president and assistant general counsel, bringing nearly two decades of legal expertise to his new role [2]. Group 2: Background of Matt Winings - Prior to joining Polaris, Winings spent over 10 years at Cummins Inc. in various senior legal roles, including international experience in London [2]. - Winings has a J.D. from Indiana University Maurer School of Law and a bachelor's degree from Indiana University [2]. Group 3: Company Overview - Polaris Inc. is a global leader in powersports, founded in 1954, and offers a wide range of products including off-road vehicles, snowmobiles, motorcycles, and boats [3]. - The company serves nearly 100 countries worldwide and enhances the riding experience with a robust portfolio of parts, garments, and accessories [3].