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Polaris Announces Amendment to Existing Credit Agreement and Full Prepayment of Senior Notes
Prnewswire· 2025-07-02 12:30
Covenant Relief Enhances Financial Flexibility and Supports Long-Term GrowthMINNEAPOLIS, July 2, 2025 /PRNewswire/ -- Polaris Inc. (NYSE: PII), the global leader in powersports, today announced that on June 27, 2025 it executed an amendment to its existing credit facilities, originally dated July 2, 2018. In addition, the company also fully repaid all $350 million of outstanding senior notes due 2028. The debt prepayment was funded through revolving loans under the company's senior credit facilities.The ame ...
Polaris Schedules Second Quarter 2025 Earnings Conference Call and Webcast
Prnewswire· 2025-06-26 10:00
MINNEAPOLIS, June 26, 2025 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2025 financial results on Tuesday, July 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 news ...
Polaris Donates $1 Million to Advance ATV and UTV Safety Through 4-H Youth Development
Prnewswire· 2025-06-11 14:03
Enable year-round programming for Minnesota 4-H's ATV and UTV safety training program, significantly increasing its capacity and reach. Train and certify new adult volunteers to help reach more youth on ATV and UTV safety messaging. Initiate new safety program pilots with Utah and Wisconsin 4-H, developed in partnership with Minnesota 4-H leadership. Develop and implement a nationwide online youth ATV and UTV safety course. "This generous support from Polaris will significantly expand our safety education ...
Polaris Adventures Surpasses Two Million Customer Rides
Prnewswire· 2025-06-03 16:02
Outfitter network allows adventure-seekers to further explore locations off the beaten pathMINNEAPOLIS, June 3, 2025 /PRNewswire/ -- As consumers continue to seek deeper connections with local surroundings, Polaris Adventures – the destination-riding and experience side of global powersports leader Polaris Inc. (NYSE: PII) – announced a significant milestone: two million customer rides. With Polaris Adventures, over 250 local Outfitters have helped riders explore outdoor destinations and highlight unique lo ...
Polaris Publishes 2024 Geared For Good Report
Prnewswire· 2025-05-22 16:03
Core Insights - Polaris Inc. released its 2024 Geared For Good Report, highlighting its commitment to being responsible stewards for employees, riders, communities, and the environment [1][2][3] THINK PRODUCT - Polaris introduced several new products, including the next generation of the Indian Scout, the 2025 RANGER lineup, and the Klim Freeride Helmet, while receiving multiple awards for innovation in 2024 [6] THINK PRODUCTION - The company achieved a 90% waste diversion rate from landfills at its Wyoming facility, meeting its 2035 goal ahead of schedule, and implemented a new liquid paint system that reduced natural gas usage significantly and avoided substantial CO2 emissions [6] THINK PLACES - Polaris awarded grants for trail enhancement projects in Texas and Arizona and donated $220,000 in TRAILS GRANTS to support trail stewardship and rider education across the U.S. and Canada [6] THINK PEOPLE - The company recorded its lowest Total Recordable Incident Rate (TRIR) in history at 0.30 for the second consecutive year and contributed over $6.4 million to local communities through various forms of donations in 2024 [6]