Polaris Earnings Reaction: 10/25/16
Andrew and Matt Krebsbach give insight into what Polaris is being faced with. Most cases look rather grim, however, Matt has been able to find some upside to the bad story.
Polaris has seriously cut guidance ever since it produced engines that ended up burning the users of their vehicles. It has guided down minorly a couple of times after a huge fifty percent earnings per share cut, which occured when the news first broke. There is a silver lining in dealer inventory decreasing, allowing increased volume of their products.
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