Sign up now for a one-hour ride at participating Polaris Adventures locations in top snow destinations MINNEAPOLIS, Jan. 8, 2026 /PRNewswire/ -- Polaris Inc. (NYSE: PII), the global leader in powersports, is bringing back its popular Free Snowmobile Rides program for 2026. This February, Polaris is giving riders the ultimate reason to get outside—complimentary snowmobile rides at participating Polaris Adventures locations in top snow destinations. Continue Reading This February 2026, Polaris is giving rider ...

Core Insights - BRP Inc. is a significant player in the recreational vehicle industry, focusing on powersports vehicles such as snowmobiles, watercraft, and off-road vehicles (ORVs) [1] - The company reported strong financial results, with earnings per share (EPS) of $0.94, exceeding estimates, and revenues of approximately $2.25 billion, significantly above forecasts [2][3] Financial Performance - In Q3 of fiscal year 2026, BRP achieved revenues of $2.25 billion, marking a 14% increase from the previous year, driven by higher ORV deliveries and a favorable product mix [3] - Net income for the quarter surged to $68 million, indicating robust financial health [3] - The company raised its full-year guidance for normalized diluted EPS to approximately $5.00, supported by successful new product introductions and a leaner inventory position [4] Market Position - Despite a 4% decrease in North American Powersports retail sales, BRP gained market share in North America for ORVs [4] - The price-to-sales ratio of 0.93 suggests that the stock may be undervalued relative to its annual sales [5][6] - The debt-to-equity ratio stands at 6.25, indicating a reliance on debt financing, while the current ratio of 1.34 reflects reasonable liquidity [5]

Core Viewpoint - Polaris is restructuring by separating its Indian Motorcycle business into a stand-alone company, which has positively impacted its stock price, increasing shares by 10.4% [1][3]. Group 1: Business Strategy - The separation of the Indian Motorcycle business aims to enhance Polaris' earnings profile and focus on growth areas within its portfolio [3][4]. - Polaris plans to sell a majority stake in Indian Motorcycle to private equity firm Carolwood, which is expected to unlock greater long-term value for both Polaris and its shareholders [3][4]. Group 2: Financial Impact - The deal is projected to increase adjusted earnings per share by approximately $1 and annualized adjusted EBITDA by $50 million upon closing [4][7]. - Indian Motorcycle sales accounted for about 7% of Polaris' revenue over the trailing 12-month period ending June 30 [3][7].

Core Insights - The company is undergoing a rebranding initiative, changing its name to RideNow Group, Inc., relocating its corporate headquarters back to Phoenix, AZ, and changing its ticker symbol from "RMBL" to "RDNW" effective August 13, 2025 [6][10][12] - The second quarter of 2025 showed a decline in revenue and net loss compared to the same period in 2024, but there were improvements in adjusted EBITDA and SG&A expenses [4][6][19] Financial Performance - Revenue for Q2 2025 was $299.9 million, down 11.0% from $336.8 million in Q2 2024 [4][6] - Gross profit decreased to $83.9 million, a decline of 6.7% year-over-year [4][6] - Selling, general, and administrative (SG&A) expenses were reduced to $66.7 million, down 6.6% from $71.4 million in the previous year [4][6] - The company reported a net loss of $32.2 million, compared to a net loss of $0.7 million in Q2 2024 [4][6] - Adjusted EBITDA increased to $17.2 million, up 6.2% from $16.2 million in Q2 2024 [4][6] Segment Performance - In the Powersports segment, unit retail sales of new powersports vehicles decreased by 11.5% to 10,618 units, while pre-owned powersports sales increased by 10.2% to 5,283 units [7][8] - Revenue from the Powersports segment was $298.6 million, down 7.2% from $321.6 million in the previous year [7][8] - The Vehicle Transportation Services segment saw a significant decline, with revenue dropping to $1.3 million, down 91.4% from $15.2 million in Q2 2024 [8] Balance Sheet and Liquidity - As of June 30, 2025, the company had $44.7 million in unrestricted cash and $185.1 million in non-vehicle net debt [9][17] - Total available liquidity was $185.7 million, which includes cash and availability under credit facilities [9] - The company executed a term loan amendment to extend the maturity of its term loan to September 30, 2027, with a reduction in interest rates [10][19] Strategic Initiatives - The company is focused on a "back to our roots" strategy aimed at improving operational execution and driving growth [3] - The successful closing of a term loan amendment provides operational flexibility to execute its strategic initiatives [3][10]

Core Viewpoint - Polaris Inc (PII) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling pressure that affects stock prices [4]. Recent Performance and Outlook - Polaris Inc is projected to earn -$0.97 per share for the fiscal year ending December 2025, with no year-over-year change expected [8]. - Over the past three months, the Zacks Consensus Estimate for Polaris Inc has increased by 3.7%, reflecting a positive trend in earnings outlook [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [9][10].

Core Insights - RumbleOn, Inc. reported a significant decline in revenue and unit sales in the first quarter of 2025 compared to the same period in 2024, indicating challenges in the powersports segment [2][4][6] - The company is focused on turnaround initiatives despite the decline, with management expressing optimism about future performance [3][6] Financial Performance - Revenue for Q1 2025 was $244.7 million, down 20.5% from $307.8 million in Q1 2024 [4][15] - Gross profit decreased by 18.6% to $67.2 million from $82.6 million year-over-year [4][15] - Selling, general & administrative expenses (SG&A) were reduced to $61.1 million, a decrease of 17.3% from $73.9 million [4][15] - Adjusted EBITDA fell to $7.0 million, down 9.1% from $7.7 million in the previous year [4][19] Unit Sales and Segment Performance - Total retail unit sales in the powersports segment decreased by 20.6%, with new powersports units down 23.7% and pre-owned units down 13.9% [7][8] - Vehicle transportation services segment revenue dropped 61.5% to $5.5 million, with vehicles transported decreasing by 65.0% [8][15] Cash Flow and Liquidity - Operating cash flow was negative at $(6.9) million, compared to positive inflows of $17.0 million in Q1 2024 [4][9] - The company ended the quarter with total cash of $56.2 million, including restricted cash, and reported non-vehicle net debt of $188.2 million [9][22] Balance Sheet Highlights - Long-term debt, including current maturities, decreased to $215.5 million from $251.1 million [4][23] - Total assets as of March 31, 2025, were $738.9 million, down from $755.2 million at the end of 2024 [16][23] Management Commentary - The CEO highlighted the team's efforts in navigating a challenging consumer environment and expressed confidence in the company's turnaround strategies [3][6]

Financial Performance - 公司第一季度销售额为15.36亿美元，同比下降12%[9] - 调整后的每股收益为负0.90美元，同比下降1.13美元[9] - 调整后的EBITDA利润率为3.4%，同比下降291个基点[9] - 北美零售额下降7%[9] Tariff Impact and Mitigation - 预计2025年关税净新增影响为2.6亿至3亿美元[22] - 公司正在采取行动，到年底将中国采购减少30%[22] - 墨西哥对美国的进口产品中，目前约95%符合USMCA（美国-墨西哥-加拿大协议）的资格[22] - 采取关税缓解措施和延期后，预计2025年净新增关税影响将低于2.25亿美元[25] Segment Performance - 北美ORV（越野车）零售额同比下降11%[41] - Indian Motorcycle在北美市场份额有所增长，但零售额同比下降了十几个百分点[47] - Marine（船艇）业务的经销商库存同比下降约20%[54] Outlook and Strategy - 由于全球经济政策（关税）的不确定性，公司撤回了2025财年的业绩指引[12] - 公司预计第二季度销售额在16亿至18亿美元之间[61] - 公司正在实施现金储备策略，以应对市场不确定性[58]