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Consumers aren't buying big-ticket items right now.

Polaris is feeling the heat, as in its recent earnings report, the brand stated it saw its profits drop a whopping 82% compared to last year. That's, uh...bad. 

During the call, Polaris' CEO Mike Speetzen stated that one factor, high interest rates, was very much an issue causing distress within the company. Higher interest rates mean it's harder not to be underwater on a purchase, as well as making payments affordable. And that while the Federal Reserve marginally lowering interest rates helped, more would need to be done in order to get people financing these machines again. 

Another big issue that Polaris is facing, though not something that was brought up during the call, was that the entire snowmobile industry felt more pain than usual as last year's snowfall on the East Coast of the United States wasn't something to write home about. Indeed, the lack of snow for the vast majority of the East Coast caused many to not only push off buying a new machine, but even registrations of old machines were down. That's just another blow to the company's profits.

Speetzen did state that one issue Polaris is looking to address is outdated inventory that's now stockpiling on dealership lots. "A healthy dealer network is one of the critical components to our long-term success, which is why we have anchored our current production and shipment plans to our goal of lowering dealer inventory by 15 to 20 percent by the end of the year, and I am encouraged by the progress being made," said Speetzen in a press release ahead of the call. 

Polaris now expects to see about a 20% fall in profits compared to last year. As you'd expect, the company's stock price has tumbled slightly on that news. Likewise, Polaris stated that in order to have a better outlook going forward, the company will be doing certain restructuring plans, stating, "The Company is executing certain corporate restructuring activities across the organization to increase efficiency and focus its business, including the divestitures of the GEM, Taylor-Dunn and Transamerican Auto Parts businesses."

We'll have to wait to see where the chips fall with Polaris, as it figures out how to move forward in this new world. That said, the company does make excellent powersport equipment. But you can't bank just on good engineering. 

https://www.rideapart.com/news/738495/polaris-sales-plunge-snowmobile-utv-atv-third-quarter/

 

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  • USA Donating Member
28 minutes ago, Crnr2Crnr said:

other than oil, partially true.  every time I would call for parts it was MSRP+ and three to five days to get it... during riding season.   no bueno.  

do you wear a hockey helmet most days? 

Not exactly a hockey helmet.  Couldn't find a pic of him holding a road sign, but this was close.

20620182115sammons-preston-protective-he

2 hours ago, Crnr2Crnr said:

do you wear a hockey helmet most days? 

Do you still wear your mother's dirty panties crotch in front over your pie hole of a mouth?

4 hours ago, Crnr2Crnr said:

other than oil, partially true.  every time I would call for parts it was MSRP+ and three to five days to get it... during riding season.   no bueno.  

do you wear a hockey helmet most days? 

You run formula 50 in your turds?  🤨

  • Author
  • USA Donating Member
5 hours ago, Deephaven said:

Not exactly a hockey helmet.  Couldn't find a pic of him holding a road sign, but this was close.

20620182115sammons-preston-protective-he

:lol:

2 hours ago, ZR6000RR said:

Do you still wear your mother's dirty panties crotch in front over your pie hole of a mouth?

my mom is dead, f'ng weirdo

1 hour ago, mnstang said:

You run formula 50 in your turds?  🤨

APV in the 500 / 440, and klotz in the mahd 

  • USA Donating Member
27 minutes ago, Not greg b said:

 

 

Hmm, Khaos 9R is lighter.  Thought AC was promising uber light.

14 minutes ago, Deephaven said:

Hmm, Khaos 9R is lighter.  Thought AC was promising uber light.

They are probably saving that for a haydays release next year and you won’t be able to buy it until 2027.

1 hour ago, Crnr2Crnr said:

 

my mom is dead, f'ng weirdo

 

Boxes of old ones then.

  • Author
  • USA Donating Member
22 minutes ago, ZR6000RR said:

Boxes of old ones then.

if you ever wonder why you are mocked here... don't 

1 hour ago, Crnr2Crnr said:

if you ever wonder why you are mocked here... don't 

No more than you are. Just got back from another factory tour.

  • USA Donating Member
8 minutes ago, ZR6000RR said:

No more than you are. Just got back from another factory tour.

Pictures of their stamping machines?

  • USA Donating Member
1 hour ago, ZR6000RR said:

No more than you are. Just got back from another factory tour.

Let's see your pictures of the 2025 atvs and sxs lineup. 

 

  • Author
  • USA Donating Member
1 hour ago, ZR6000RR said:

No more than you are. Just got back from another factory tour.

what was coming down the line, race sleds and new dirt products?  :roflcrying:

8 minutes ago, Crnr2Crnr said:

what was coming down the line, race sleds and new dirt products?  :roflcrying:

Wont see the new dirt till January. Need to get through the green tag.  858 SP's. Couple friends have on order. Enjoy your pantie munch fucktard!

Is there no longer a dealer show?

  • Author
  • USA Donating Member
1 hour ago, ZR6000RR said:

Wont see the new dirt till January. Need to get through the green tag.  858 SP's. Couple friends have on order. Enjoy your pantie munch fucktard!

wager? 

you're weird... really really weird 

42 minutes ago, Crnr2Crnr said:

wager? 

you're weird... really really weird 

By your calling me weird, makes me the sanest person you collaborate with, party muncher.

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20241030_184051.jpg

Edited by ZR6000RR

1 hour ago, racinfarmer said:

Is there no longer a dealer show?

They probably do a power point presentation over MS teams now. I think textron on their own spends enough money for Microsoft to keep the power point software around. 

Edited by Not greg b

  • USA Donating Member
1 hour ago, racinfarmer said:

Is there no longer a dealer show?

The 2025 arctic cat offroad dealer webinar was originally scheduled for 3 or 4 months ago, they sent out an email or three with no explanations postponing it, a couple times.

Last I heard they had plenty of 23's at the factory

Edited by krom

  • Author
  • USA Donating Member
57 minutes ago, ZR6000RR said:

By your calling me weird, makes me the sanest person you collaborate with, party muncher.

20241030_184016.jpg

20241030_184051.jpg

 

 

fd5c8c0296f79d9f94f91112298551cfe1242086

16 minutes ago, Crnr2Crnr said:

 

 

fd5c8c0296f79d9f94f91112298551cfe1242086

Are you? That was suspected by your way to long crm2 many letters you call yourself. Are their pronouns hidden in side that stupid waste of space?

55 minutes ago, krom said:

The 2025 arctic cat offroad dealer webinar was originally scheduled for 3 or 4 months ago, they sent out an email or three with no explanations postponing it, a couple times.

Last I heard they had plenty of 23's at the factory

Are you sure they arent waiting to surprise you buy spending a million dollars on a dealer meeting some place warm for you guys? 

ZR, you should throw that "I toured the Arctic Cat factree" sticker on a blue plastic biffy on your next job site.

28 minutes ago, racinfarmer said:

ZR, you should throw that "I toured the Arctic Cat factree" sticker on a blue plastic biffy on your next job site.

I put it on your fake race sled.

Sweet.  You can leave the RR at the Pinehurst for me to pick up.

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