Polaris(PII) - 2024 Q2 - Earnings Call Presentation

ORV Recreation and Utility Retail -10% 14% 5% 7% 3% -4% Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Recreation Utility ORV y/y In Units Target to Reduce Dealer Inventory 15% to 20% by Year-End $1,961 $2,217 ($4) Sales Financial Highlights (Y/Y) Adjusted* EBITDA o Lower volumes and net price • Adjusted* EBITDA margin down 188 bps o Partially offset by favorable operating costs o Net interest expense of $35M Down ~2% year-over-year *Please refer to the supporting schedules entitled "Non-GAAP Reconciliation" for recon ...