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0 0 0 0 0.00074128984432909 0.00563380281690134 0.0229799851742031 0.0378057820607857
Stock impact report

Polaris 2020 First Quarter Results

Polaris Inc. (PII) 
Last polaris inc. earnings: 4/28 06:00 am Check Earnings Report
Company Research Source: Business Wire
Financial and Operational HighlightsFirst quarter reported sales decreased 6% to $1,405 millionFirst quarter reported net loss was $0.09 per share; adjusted net income for the same period was $0.22 per shareFirst quarter North American retail sales decreased high-single digits percent for the quarter compared to last year; Indian motorcycles retail sales were up low-single digits percentThe Company entered into an incremental $300 million 364-day unsecured term-loan facility on April 9, 2020, further increasing its liquidity positionCash on hand at April 23, 2020 was $475 million along with $250 million currently available under the Company’s revolving line of creditManufacturing plants have restarted production at select locations based on orders in hand, anticipated future demand and supply chain parts availabilityThe Company withdrew its full year 2020 guidance on March 23, 2020 given the unprecedented economic uncertainty as a result of the COVID-19 pandemic MINNEAPOLIS--(BUSIN Show less Read more
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