SOURCE Polaris Inc. MINNEAPOLIS, July 29, 2025 /PRNewswire/ -- Polaris Inc. (NYSE: PII) reported second quarter 2025 financial results today through an earnings release posted on the Company's Investor Relations website at ir.polaris.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and is available at sec.gov. The Company will also hold a conference call with analysts and investors today at 9:00 a.m. CT. Conference Call and Webcast Details The call and we ...

Core Insights - Polaris Inc. announced the 2025 recipients of the Polaris Fund for Outdoor Recreation Grants in partnership with the National Forest Foundation, aimed at supporting outdoor recreation and trail conservation [1][4] - Over $113,000 in funding will be allocated to five initiatives across various National Forest locations in Arizona, California, New Hampshire, Colorado, and Kentucky [2][7] - The Polaris Fund for Outdoor Recreation was established in 2021 with a commitment of $5 million over five years to support trail creation, restoration, and reforestation projects [4][9] Funding Initiatives - Navigate Responsibly Project in Coconino National Forest, Arizona: Funding will improve visitor navigation and protect natural resources through new signage [7] - Snowmobile Park Improvements in Lassen National Forest, California: Grant will support updated trail markers and winter recreation maps to enhance safety and access [7] - Snowmobile Bridge Improvements in White Mountain National Forest, New Hampshire: Funding will repair two snowmobile trail bridges to ensure safe winter access [7] - Alpine Loop Trail Kiosks in GMUG National Forest, Colorado: Grant will replace kiosks and update information to improve visibility and orientation for visitors [7] - Phase 1: Land Between the Lakes NRA in Turkey Bay OHV Area, Kentucky: Funding will initiate various safety and access improvements for off-highway vehicle users [7]

Core Insights - Polaris Inc. has amended its existing credit facilities to enhance financial flexibility and support long-term growth [1][2][3] - The company fully repaid $350 million of outstanding senior notes due in 2028, funded through revolving loans under its senior credit facilities [1] - The amendment includes modifications to financial covenants, allowing for more flexibility during a dynamic tariff environment [3][5] Financial Details - The maturity date of the incremental term loan has been extended to June 26, 2026 [5] - The covenant relief period is set from June 30, 2025, to June 30, 2026, with specific limitations on dividend payments and subsidiary-level debt [5] - Polaris can continue to pay regular quarterly dividends and repurchase shares to offset dilution from equity plans during the covenant relief period [5] Company Overview - Polaris Inc. is a global leader in powersports, offering a diverse range of products including off-road vehicles, motorcycles, and boats [4] - The company has been operational since 1954 and serves nearly 100 countries worldwide [4]

Core Viewpoint - Polaris Inc. will release its second quarter 2025 financial results on July 29, 2025, and will host a conference call to discuss these results [1][2]. Financial Results Announcement - The financial results will be available on the company's investor relations website at ir.polaris.com, with an alert issued via news wire when the materials are publicly accessible [2]. - A conference call and webcast will take place at 9:00 AM central time on the same day, hosted by the CEO Mike Speetzen and CFO Bob Mack [1][3]. Conference Call and Webcast Details - A slide presentation and webcast link will be posted on the Polaris Investor Relations website [3]. - To participate by phone, the U.S. dial-in number is 1-877-883-0383, and the international number is 1-412-902-6506, using access code 5182701 [3]. - A replay of the webcast will be available on the website or by phone using the U.S. number 1-877-344-7529 or the international number 1-412-317-0088 with access code 4835489 [3]. Company Overview - Polaris Inc. is a global leader in powersports, founded in 1954, offering a wide range of products including off-road vehicles, snowmobiles, motorcycles, and boats [4]. - The company serves nearly 100 countries worldwide and enhances the riding experience with a robust portfolio of parts, garments, and accessories [4].

Core Insights - Polaris is significantly expanding its partnership with the University of Minnesota to enhance safety education efforts, particularly in ATV and UTV safety programs, anticipating a three to fourfold increase in youth participation across Minnesota and pilot programs in Utah and Wisconsin [1][3] Group 1: Partnership and Program Expansion - The partnership with Polaris has supported safety displays at various events, reaching over 800,000 youth since its inception [2] - New pilot programs will be initiated in Wisconsin and Utah, where Minnesota 4-H will share resources to develop ATV and UTV safety programs [3][7] - An online safety course for youth is also in development as part of the expansion efforts [3] Group 2: Safety Education and Community Engagement - The Minnesota 4-H ATV and UTV Safety Program allows participants to become certified through the Minnesota Department of Natural Resources, focusing on responsible off-road vehicle operation and safety protocols [1][6] - The program aims to cultivate youth into leaders and ambassadors in their communities, promoting safe riding practices [4][6] Group 3: Organizational Background - Minnesota 4-H is the largest youth development program in the state, serving over 40,000 young people annually and designed to nurture youth into innovators and leaders [6] - Polaris, as a global leader in powersports, is committed to educating youth on safe riding practices and offers a wide range of vehicles and safety technologies [4][7]

Core Insights - Polaris Adventures has achieved a significant milestone of two million customer rides, reflecting the growing passion for outdoor adventure and the effectiveness of its network of over 250 local Outfitters [1][3][4] Company Overview - Polaris Adventures, launched in 2017, has become the leading powersports vehicle rental service in the U.S., partnering with locally owned small businesses to enhance local economies and accessibility to outdoor experiences [3][5] - The company offers a variety of powersports vehicles, including off-road vehicles, snowmobiles, and boats, aiming to introduce more people to outdoor adventures [4][8] Growth Metrics - The company surpassed one million rides in 2022 and has since doubled that number in less than three years, indicating rapid growth and expansion [4] - There are over 600 adventures available for customers, with 250 Outfitters operating across 41 states, making outdoor experiences accessible to a large population [6] Customer Engagement - Approximately 40% of riders are new to powersports, showcasing the company's ability to attract new customers to the industry [6] - The company emphasizes the importance of local knowledge provided by Outfitters, which enhances the customer experience by highlighting scenic routes and attractions [3][4] Innovations and Partnerships - Polaris Adventures has introduced a refreshed fleet of high-quality vehicles equipped with the latest safety and navigation technology to ensure a seamless riding experience [7] - The launch of Polaris Adventures Elite provides Outfitters with tools to run their businesses more efficiently, while a partnership with Sensible Weather offers a Weather Guarantee for customers [7]

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]

Polaris has supported over 425 organizations through more than $3.5 million in donations since the program's inception MINNEAPOLIS, April 23, 2025 /PRNewswire/ -- Today, Polaris Inc. (NYSE: PII), announced it is donating more than $120,000 to off-road vehicles (ORV), all-terrain vehicles (ATV) and snowmobile riding clubs, and organizations across the United States as a part of its TRAILS GRANTS program. For nearly twenty years, Polaris' TRAILS GRANTS program has supported organizations and programs that pro ...