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here we go...

 

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https://snowgoer.com/news/cat-unveils-new-catalyst-chassis-for-2024-kind-of/31001/

 

 

how much actual chassis was changed? IDK the RXC looks good though, I dig it.  edit: 137" ?  hmmmm... 

pile on boys, this isn't the brand specific safe space... and don't forget to in on one. 

:lol:

Edited by Crnr2Crnr

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  • USA Donating Member
6 minutes ago, Crnr2Crnr said:

for $13-23K a pop they should be absolutely f'ng perfect in every possible regard... go 150mph and get 24mpg.

you guys do realize there's a f'load of people out there that buy these things that know Jack Squat about em... right?  

add gas, possibly 2S oil and pin the flipper straight to the g'damn handlebar.   

How can a Motorsport vehicle be perfect?  Are robots riding them? 

I am waiting on cfmoto to bring a out a snowmobile called motohaha 

Edited by Not greg b

1 hour ago, mnstang said:

There is no settled science on the personal preference of snowmobiles.  There is no one snowmobile that will please everyone.  I saw plenty of complaints last year about the catalyst seat, both being too firm and too small.  Also wondering protection which is because of the small size.  Many people like those things about the catalyst but many people do not.  Neither are "wrong", as much as haters here would like to think.  I don't know what it is about some of you guys, if a machine doesn't appeal directly to YOU, you write it off and call it junk and a waste.  That's weird, is that narcissism or something else idk.

Four stroke crowd are generally going to be less aggressive, older, or for bigger/wider/faster trails.  My opinion is that the procross would be a better match for these people vs the catalyst.

 

Many of those patents you listed were filed under the Textron years.  Many things get patented and never make it to market, that's nothing new or cause of alarm.

You are also misleading when you talk about catalyst being ready for 5 years.  No, it wasn't.  They didn't even have a motor for it.  Listen to any podcast of cat employees and the testing and r&d they were doing right up till the end.  Was there a concept of a new chassis, sure I'd believe that, just like there's a concept right now of the next chassis post catalyst, probably multiple concepts.  All these ex cat employees doing the podcast rounds, none of them talk about developing the catalyst.  None.   First off it started as a mountain sled and those guys weren't riding it or developing it that long.  There's always drawings and concepts.

Funny that you guys (not you specifically) are the ones talking about glasses.  Textron derangement is way more severe than even Trump derangement.  Both very toxic though.  Glasses are clouded by hate and you will find the negative twist in any and every situation, it's very quite similar to the original TDS.

Example, claim catalyst was developed by "old guard" (lol) cat.  Any issues with the catalyst---TEXTRON ATE OUR BABIES ARRRRGGGGHHHH

Whiny little bitch going on and on again. He’s never going to buy a new Cat but defends Textron mismanagement just to be contrarian. He thinks it makes him look smart. :idiot:

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5 hours ago, Zambroski said:

How can a Motorsport vehicle be perfect?  Are robots riding them? 

Flawless in every possible way... is that too much to ask for?

:ashamed:

  • USA Donating Member
8 hours ago, mnstang said:

There is no settled science on the personal preference of snowmobiles.  There is no one snowmobile that will please everyone.  I saw plenty of complaints last year about the catalyst seat, both being too firm and too small.  Also wondering protection which is because of the small size.  Many people like those things about the catalyst but many people do not.  Neither are "wrong", as much as haters here would like to think.  I don't know what it is about some of you guys, if a machine doesn't appeal directly to YOU, you write it off and call it junk and a waste.  That's weird, is that narcissism or something else idk.

Four stroke crowd are generally going to be less aggressive, older, or for bigger/wider/faster trails.  My opinion is that the procross would be a better match for these people vs the catalyst.

 

Many of those patents you listed were filed under the Textron years.  Many things get patented and never make it to market, that's nothing new or cause of alarm.

You are also misleading when you talk about catalyst being ready for 5 years.  No, it wasn't.  They didn't even have a motor for it.  Listen to any podcast of cat employees and the testing and r&d they were doing right up till the end.  Was there a concept of a new chassis, sure I'd believe that, just like there's a concept right now of the next chassis post catalyst, probably multiple concepts.  All these ex cat employees doing the podcast rounds, none of them talk about developing the catalyst.  None.   First off it started as a mountain sled and those guys weren't riding it or developing it that long.  There's always drawings and concepts.

Funny that you guys (not you specifically) are the ones talking about glasses.  Textron derangement is way more severe than even Trump derangement.  Both very toxic though.  Glasses are clouded by hate and you will find the negative twist in any and every situation, it's very quite similar to the original TDS.

Example, claim catalyst was developed by "old guard" (lol) cat.  Any issues with the catalyst---TEXTRON ATE OUR BABIES ARRRRGGGGHHHH

My opinion of textron comes from working with them day to day, and watching them continually ignore knowledgeable folks in the industry, and cycle through employees, and management with no knowledge, experience, or even a clue.  Every single day to day task has become more difficult, and less efficient.  They fired a call center full of caring, knowledgeable, parts, and service folks.  They replaced the parts folks with with random phone answers who know nothing about a sled, atv, sxs.  To make it worse they removed any ability to correct issues or accomplish anything other than entering a ticket.

On example, before textron when we got something in labeled wrong, missing parts, etc. I could call the parts dept explain the situation, and they would call the warehouse.  The warehouse guys would pull and inspect stock to see if it was a one off issue, or an entire shipment was wrong.  Later that day, I'd get a call back with an answer and a solution. Often times the solution was no charge next day air emergency shipment.  Don't forget that at that time AC had almost double the number of dealers, and built more than double the number of units they do now. 

 

I don't know anyone here has ever seen a "black and white catalog" but they used to print and ship a POGA catalog with a vast amount of information and resources every year.  It included accessories for past models, belt chart, chart of fat-ass springs, parts and pieces for accessories, tracks, sizing chart for clothing tons of valuable info about fitment etc. that wasn't available anywhere else.  Textron fired the majority of the publications department, and decided it that catalog wasn't worth the cost.  They finally sorta brought it back, but its hardly a shadow of what it once was.

Then there is all the projects that got canceled an scrapped

As far as whether or not the catalyst was supposed to be out years ago..  We'd been hearing about it and expecting it, and even hearing about yamaha being upset at how long it was taking.  Don't take my word for it, Wes Selby talks about working on it on one of the podcasts.

The G8 is several years late also, and wouldn't have been out when it was if someone wasn't working on it in their free time, as they stopped spending on it's development for over a year.

jimwit won't answer, but where is the 2025 offroad lineup that was scheduled to be released 3 months ago?? 

Edited by krom

  • USA Donating Member
5 minutes ago, krom said:

jimwit won't answer, but where is the 2025 offroad lineup that was scheduled to be released 3 months ago?? 

It's been textronned

On 10/20/2024 at 7:20 PM, krom said:

My opinion of textron comes from working with them day to day, and watching them continually ignore knowledgeable folks in the industry, and cycle through employees, and management with no knowledge, experience, or even a clue.  Every single day to day task has become more difficult, and less efficient.  They fired a call center full of caring, knowledgeable, parts, and service folks.  They replaced the parts folks with with random phone answers who know nothing about a sled, atv, sxs.  To make it worse they removed any ability to correct issues or accomplish anything other than entering a ticket.

On example, before textron when we got something in labeled wrong, missing parts, etc. I could call the parts dept explain the situation, and they would call the warehouse.  The warehouse guys would pull and inspect stock to see if it was a one off issue, or an entire shipment was wrong.  Later that day, I'd get a call back with an answer and a solution. Often times the solution was no charge next day air emergency shipment.  Don't forget that at that time AC had almost double the number of dealers, and built more than double the number of units they do now. 

 

I don't know anyone here has ever seen a "black and white catalog" but they used to print and ship a POGA catalog with a vast amount of information and resources every year.  It included accessories for past models, belt chart, chart of fat-ass springs, parts and pieces for accessories, tracks, sizing chart for clothing tons of valuable info about fitment etc. that wasn't available anywhere else.  Textron fired the majority of the publications department, and decided it that catalog wasn't worth the cost.  They finally sorta brought it back, but its hardly a shadow of what it once was.

Then there is all the projects that got canceled an scrapped

As far as whether or not the catalyst was supposed to be out years ago..  We'd been hearing about it and expecting it, and even hearing about yamaha being upset at how long it was taking.  Don't take my word for it, Wes Selby talks about working on it on one of the podcasts.

The G8 is several years late also, and wouldn't have been out when it was if someone wasn't working on it in their free time, as they stopped spending on it's development for over a year.

jimwit won't answer, but where is the 2025 offroad lineup that was scheduled to be released 3 months ago?? 

I can't comment on the dirt question, I really don't keep up with it that close.  Maybe they didn't need to make any of they have inventory of 24's and no changes?? IDK.

Yeah, what you describe with cat is what has happened all over the world really, it's not unique to Textron.  I've worked for a good OEM for 20+ years and times change, things get shittier, that's why old guys are always crotchety.  It's never as good as it used to be.  Doesn't make it great but it's just how things tend to go.  Cat was also going bankrupt with how they were operating, so you do really have to keep that in mind, that's huge, things did have to change like it or not for better or worse.

14 hours ago, mnstang said:

I can't comment on the dirt question, I really don't keep up with it that close.  Maybe they didn't need to make any of they have inventory of 24's and no changes?? IDK.

Yeah, what you describe with cat is what has happened all over the world really, it's not unique to Textron.  I've worked for a good OEM for 20+ years and times change, things get shittier, that's why old guys are always crotchety.  It's never as good as it used to be.  Doesn't make it great but it's just how things tend to go.  Cat was also going bankrupt with how they were operating, so you do really have to keep that in mind, that's huge, things did have to change like it or not for better or worse.

What killed arctic cat was their dealer program for 2015 not any of their product offerings. Most people like to blame the procross for whatever reason.  This is how cat’s upper management killed it with the dealer program. Winter 2014 everyone sold out of sleds and it was the sales year since the 08 melt down for everyone. In march 2014 when the dealer program came out the basically doubled everyone’s minimum order for 2015 based off 2014 record numbers. Dealers that were stocking and moving 40-50 sleds a year now had to take on around 100. 2015 was a low snow year and dealers were left with a year plus of inventory when 2016 order time came along. With that amount of inventory on floor plan cat couldn’t sell anything to its dealer channel because majority of it was maxed out. That was when cat started burning through cash to buy down the interest so they could ship something and kept adding to the pile. Well they spent all their money in about 18 months and textron bought them out cheap. Now here we are. If they would have done a manageable plan for 2015 like everyone else did vs taking a gamble, textron probably wouldn’t be in the picture. You can see this in cat’s old stock history. There is a big spike and it drops off fast. 

Dirt side in 2015 for cat wasn’t the best but it was a decent offering and they were starting to make moves to improve it. but it never got off the ground. 

59 minutes ago, Not greg b said:

What killed arctic cat was their dealer program for 2015 not any of their product offerings. Most people like to blame the procross for whatever reason.  This is how cat’s upper management killed it with the dealer program. Winter 2014 everyone sold out of sleds and it was the sales year since the 08 melt down for everyone. In march 2014 when the dealer program came out the basically doubled everyone’s minimum order for 2015 based off 2014 record numbers. Dealers that were stocking and moving 40-50 sleds a year now had to take on around 100. 2015 was a low snow year and dealers were left with a year plus of inventory when 2016 order time came along. With that amount of inventory on floor plan cat couldn’t sell anything to its dealer channel because majority of it was maxed out. That was when cat started burning through cash to buy down the interest so they could ship something and kept adding to the pile. Well they spent all their money in about 18 months and textron bought them out cheap. Now here we are. If they would have done a manageable plan for 2015 like everyone else did vs taking a gamble, textron probably wouldn’t be in the picture. You can see this in cat’s old stock history. There is a big spike and it drops off fast. 

They definitely had some bad people running it.  I remember that jean Claude French CEO douchebag whatever his name was.  It was around the 2012 timeframe not sure if he was there for 2015 thing you were talking about but he was a French Canadian prick from what I could tell 

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15 hours ago, mnstang said:

Yeah, what you describe with cat is what has happened all over the world really, it's not unique to Textron.  I've worked for a good OEM for 20+ years and times change, things get shittier, that's why old guys are always crotchety.  It's never as good as it used to be.  Doesn't make it great but it's just how things tend to go.  Cat was also going bankrupt with how they were operating, so you do really have to keep that in mind, that's huge, things did have to change like it or not for better or worse.

don't you want to make Merica and Arctic Cat great again?

:)

 

 

11 minutes ago, Crnr2Crnr said:

don't you want to make Merica and Arctic Cat great again?

:)

 

 

Sounds good to me although cat has always been great.  The catalyst is wonderful you should try one.

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  • USA Donating Member
21 minutes ago, mnstang said:

Sounds good to me although cat has always been great.  The catalyst is wonderful you should try one.

had it snowed last winter... 9_9

 

  • USA Donating Member
7 hours ago, mnstang said:

They definitely had some bad people running it.  I remember that jean Claude French CEO douchebag whatever his name was.  It was around the 2012 timeframe not sure if he was there for 2015 thing you were talking about but he was a French Canadian prick from what I could tell 

The real issue is/was the board, as the CEO doesn't operate in a vacuum.  The hire the ceo, give him marching orders, and usually structure the contract to give bonuses based on whatever metrics they consider important.

You are thinking of Claude Jordan..  He really played a role in the problems with 2012's.  The late delivery, of units, and even later delivery of accessories was his fault.  He pushed hard to get lower prices from suppliers, and in the overall scale of things the entire industry is pretty small, and very inbred.  More or less the "big 3" used the same suppliers for everything, so AC got moved to the end of the list so they could make parts for their better paying customers first.  That and the limited testing budget..
 

Info here:https://www.arcticinsider.com/claude-jordan-steps-down-as-arctic-cat-ceo-twomey-named-interim-ceo/
 

Take a look at the first comment. 

EDIT:  and the rest of the comments, shockingly some brain dead moron named JimR had claude's knob so deep in his throat he was able to lick his balls at the same time

Quote

Commented Twomey: On behalf of the board, I want to thank Claude for nearly six years of service to Arctic Cat, first as president and chief operating officer, and then as CEO for the last three years. During his tenure, Arctic Cat has grown from $465 million to over $700


One thing he did do was hit his targets on stock price, and cash out in time ..

image.thumb.png.81d72627cd0b5dc43a958010d6292e19.png

The 4 stroke reverse debacle was literally a last min change that got almost no testing.  The magazine guys bitched about how long it took to shift at the spring ride/release.  So to speed it up they came up with the "rooster gear" setup with a pivot, and springs on both sides, between it and the shift fork over the summer. 

The only "bright spot" is pre textron the company actually cared about customers, and acted quickly. They would pay us parts and labor to do whatever we had to do to get a customer back on the snow ASAP.  We always had brand new units fresh out of the crate torn to pieces to get parts for customers.  I was machining parts on our lathe to lock sleds in forward so guys could ride.  If there was something that was a safety issue, or just shouldn't break they would cover parts, and often labor on units 3 years out of warranty. 

AC was covering the cracking team clutches no matter warranty or not, that continued for a little while after textron, but not long.  One of the first realizations that things were getting worse, instead of better as claimed was textron stopping all good will.

 

As far as running the company into the ground, that was all Chris Metz (under the direction of the board).  We had heard before they started working on the down town world HQ that he was setting up the company for sale, but didn't believe it, as they were sitting on a shit pile of cash and sales were good.

As far as textron, I have no idea what their end game is, everything they have done so far has been wrong, or way to little, way too late. 

They canceled every dealer that was "too close" to a bass pro/gander/tracker location because the second textron guy to run ac was tight with johnny morris, and they had the delusion that they would be able to run the entire plant building units with tracker stickers.  We only survived because of the volume we moved at the time, rep told us that they wanted to kill us off too.

Almost the entire engineering department, r&d, and testing people got fired, they had 1 person for engine calibration, everyone in the race dept besides Mike and Dawn got fired (IDK if she is still around or not, they moved her to a different department shortly after shuttering the race building, and killing special services)

Edited by krom

17 minutes ago, krom said:

The real issue is/was the board, as the CEO doesn't operate in a vacuum.  The hire the ceo, give him marching orders, and usually structure the contract to give bonuses based on whatever metrics they consider important.

You are thinking of Claude Jordan..  He really played a role in the problems with 2012's.  The late delivery, of units, and even later delivery of accessories was his fault.  He pushed hard to get lower prices from suppliers, and in the overall scale of things the entire industry is pretty small, and very inbred.  More or less the "big 3" used the same suppliers for everything, so AC got moved to the end of the list so they could make parts for their better paying customers first.  That and the limited testing budget..
 

Info here:https://www.arcticinsider.com/claude-jordan-steps-down-as-arctic-cat-ceo-twomey-named-interim-ceo/
 

Take a look at the first comment. 

EDIT:  and the rest of the comments, shockingly some brain dead moron named JimR had claude's knob so deep in his throat he was able to lick his balls at the same time


One thing he did do was hit his targets on stock price, and cash out in time ..

image.thumb.png.81d72627cd0b5dc43a958010d6292e19.png

The 4 stroke reverse debacle was literally a last min change that got almost no testing.  The magazine guys bitched about how long it took to shift at the spring ride/release.  So to speed it up they came up with the "rooster gear" setup with a pivot, and springs on both sides, between it and the shift fork over the summer. 

The only "bright spot" is pre textron the company actually cared about customers, and acted quickly. They would pay us parts and labor to do whatever we had to do to get a customer back on the snow ASAP.  We always had brand new units fresh out of the crate torn to pieces to get parts for customers.  I was machining parts on our lathe to lock sleds in forward so guys could ride.  If there was something that was a safety issue, or just shouldn't break they would cover parts, and often labor on units 3 years out of warranty. 

AC was covering the cracking team clutches no matter warranty or not, that continued for a little while after textron, but not long.  One of the first realizations that things were getting worse, instead of better as claimed was textron stopping all good will.

 

As far as running the company into the ground, that was all Chris Metz (under the direction of the board).  We had heard before they started working on the down town world HQ that he was setting up the company for sale, but didn't believe it, as they were sitting on a shit pile of cash and sales were good.

As far as textron, I have no idea what their end game is, everything they have done so far has been wrong, or way to little, way too late. 

They canceled every dealer that was "too close" to a bass pro/gander/tracker location because the second textron guy to run ac was tight with johnny morris, and they had the delusion that they would be able to run the entire plant building units with tracker stickers.  We only survived because of the volume we moved at the time, rep told us that they wanted to kill us off too.

Almost the entire engineering department, r&d, and testing people got fired, they had 1 person for engine calibration, everyone in the race dept besides Mike and Dawn got fired (IDK if she is still around or not, they moved her to a different department shortly after shuttering the race building, and killing special services)

There was also the year they turned us racers loose on sleds and dirt product via that salvage sale website.

I think that was them clearing the books before or right after Textron bought them.

Earlier this year, Polaris and Doo had 37,000 carry over sleds, so fucking many side x sides, you could barely find a parking spot, and Poop lost 80% profit. Cat will not release the 25's until the glut of carry overs is done and interest rates straiten out. After green tag sale ends. Vote Bidenomics out! Trump!!!!!

Edited by ZR6000RR

  • USA Donating Member

Jesus christ jimwit.  Hit the crack pipe extra hard today.  37k, rofl.  More carry over sleds than cat has sold in the past 5 years...

35 minutes ago, Deephaven said:

Jesus christ jimwit.  Hit the crack pipe extra hard today.  37k, rofl.  More carry over sleds than cat has sold in the past 5 years...

21, 22, 23, 24. Fact mind you. Poop 80% profit loss. All facts. Keep sucking cock. 

  • USA Donating Member

Wrong.  Just like your claim to have me on ignore.  

2 hours ago, krom said:

The real issue is/was the board, as the CEO doesn't operate in a vacuum.  The hire the ceo, give him marching orders, and usually structure the contract to give bonuses based on whatever metrics they consider important.

You are thinking of Claude Jordan..  He really played a role in the problems with 2012's.  The late delivery, of units, and even later delivery of accessories was his fault.  He pushed hard to get lower prices from suppliers, and in the overall scale of things the entire industry is pretty small, and very inbred.  More or less the "big 3" used the same suppliers for everything, so AC got moved to the end of the list so they could make parts for their better paying customers first.  That and the limited testing budget..
 

Info here:https://www.arcticinsider.com/claude-jordan-steps-down-as-arctic-cat-ceo-twomey-named-interim-ceo/
 

Take a look at the first comment. 

EDIT:  and the rest of the comments, shockingly some brain dead moron named JimR had claude's knob so deep in his throat he was able to lick his balls at the same time


One thing he did do was hit his targets on stock price, and cash out in time ..

image.thumb.png.81d72627cd0b5dc43a958010d6292e19.png

The 4 stroke reverse debacle was literally a last min change that got almost no testing.  The magazine guys bitched about how long it took to shift at the spring ride/release.  So to speed it up they came up with the "rooster gear" setup with a pivot, and springs on both sides, between it and the shift fork over the summer. 

The only "bright spot" is pre textron the company actually cared about customers, and acted quickly. They would pay us parts and labor to do whatever we had to do to get a customer back on the snow ASAP.  We always had brand new units fresh out of the crate torn to pieces to get parts for customers.  I was machining parts on our lathe to lock sleds in forward so guys could ride.  If there was something that was a safety issue, or just shouldn't break they would cover parts, and often labor on units 3 years out of warranty. 

AC was covering the cracking team clutches no matter warranty or not, that continued for a little while after textron, but not long.  One of the first realizations that things were getting worse, instead of better as claimed was textron stopping all good will.

 

As far as running the company into the ground, that was all Chris Metz (under the direction of the board).  We had heard before they started working on the down town world HQ that he was setting up the company for sale, but didn't believe it, as they were sitting on a shit pile of cash and sales were good.

As far as textron, I have no idea what their end game is, everything they have done so far has been wrong, or way to little, way too late. 

They canceled every dealer that was "too close" to a bass pro/gander/tracker location because the second textron guy to run ac was tight with johnny morris, and they had the delusion that they would be able to run the entire plant building units with tracker stickers.  We only survived because of the volume we moved at the time, rep told us that they wanted to kill us off too.

Almost the entire engineering department, r&d, and testing people got fired, they had 1 person for engine calibration, everyone in the race dept besides Mike and Dawn got fired (IDK if she is still around or not, they moved her to a different department shortly after shuttering the race building, and killing special services)

It wouldn’t be surprised if the board wanted to pump the stock to make a bunch of money and get out. It almost looks that way 

  • USA Donating Member
1 hour ago, ZR6000RR said:

21, 22, 23, 24. Fact mind you. Poop 80% profit loss. All facts. Keep sucking cock. 

Everyone here knows you are a moron, you don't have to keep telling us..
BTW there is no such thing as "profit loss"  its profit, or loss.  Saying proffit loss is like saying jimwit smart.

care to show me where in the report it states "80% profit loss"???

 

Quarterly sales of $1.72 billion, which fell 23% year-over-year, missed the street view of $1.77 billion. Adjusted gross profit margin fell 184 basis points year over year to 20.8%.

Primary factors affecting third-quarter sales were lower volume, product mix, and net pricing driven by elevated promotional activity.

Adjusted EBITDA margin in the quarter under review contracted 333 basis points year over year to 9.2%.

In the third quarter, market share for off-road vehicles (ORV), motorcycles, and pontoons declined modestly. Powersports retail sales fell by 7% compared to last year, primarily due to decreases in ORV, motorcycles, and marine sales, with ORV retail down by 3%.

“We expect a challenging retail environment throughout the rest of 2024 and into next year,” said Mike Speetzen, Chief Executive Officer of Polaris.

 

Polaris exited the quarter with cash and equivalents worth $291.3 million, with net inventories at the quarter-end of $1.998 billion.

Outlook: Polaris has revised its 2024 sales outlook to a decline of about 20% compared to 2023, up from the previous estimate of a 17% to 20% decrease.

It now expects adjusted diluted EPS to drop approximately 65% relative to 2023, compared to the earlier forecast of a 56% to 62% decline.

Price Action: PII shares are trading lower by 5.16% to $76.06 at last check Tuesday.

Ebita at 9.2% is really good. If you were to put a company for sale a that ebita percentage in a downed market, every private equity group would be all over it faster than flys on shit. Fuck they would gut everything to make it say 12%, sell it off and walk away winners 

  • USA Donating Member
6 hours ago, krom said:

Everyone here knows you are a moron, you don't have to keep telling us..
BTW there is no such thing as "profit loss"  its profit, or loss.  Saying proffit loss is like saying jimwit smart.

care to show me where in the report it states "80% profit loss"???

 

Quarterly sales of $1.72 billion, which fell 23% year-over-year, missed the street view of $1.77 billion. Adjusted gross profit margin fell 184 basis points year over year to 20.8%.

Primary factors affecting third-quarter sales were lower volume, product mix, and net pricing driven by elevated promotional activity.

Adjusted EBITDA margin in the quarter under review contracted 333 basis points year over year to 9.2%.

In the third quarter, market share for off-road vehicles (ORV), motorcycles, and pontoons declined modestly. Powersports retail sales fell by 7% compared to last year, primarily due to decreases in ORV, motorcycles, and marine sales, with ORV retail down by 3%.

“We expect a challenging retail environment throughout the rest of 2024 and into next year,” said Mike Speetzen, Chief Executive Officer of Polaris.

 

Polaris exited the quarter with cash and equivalents worth $291.3 million, with net inventories at the quarter-end of $1.998 billion.

Outlook: Polaris has revised its 2024 sales outlook to a decline of about 20% compared to 2023, up from the previous estimate of a 17% to 20% decrease.

It now expects adjusted diluted EPS to drop approximately 65% relative to 2023, compared to the earlier forecast of a 56% to 62% decline.

Price Action: PII shares are trading lower by 5.16% to $76.06 at last check Tuesday.

I'm guessing he's talking about this headline but added his own verbiage. 

EARNINGS down 80%.

 

https://www.startribune.com/polaris-earnings-sales-tank-decrease-down-consumer-caution/601166234

3 hours ago, Sled_Hed said:

I'm guessing he's talking about this headline but added his own verbiage. 

EARNINGS down 80%.

 

https://www.startribune.com/polaris-earnings-sales-tank-decrease-down-consumer-caution/601166234

kROMMER is not smart enough to understand profit loss, or loss of profit. He is just a hateful Kommie supporter. 

  • USA Donating Member
10 hours ago, ZR6000RR said:

kROMMER is not smart enough to understand profit loss, or loss of profit. He is just a hateful Kommie supporter. 

No, you are just dumber than shit and either left out and ampersand or have no fucking clue.  I'd bet the latter.

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