American Motorcycle Dealer AMD 181 August 2014 | Page 11

Polaris reports record second quarter results
POLARIS Industries Inc. has reported
record second quarter sales for 2014,
at $1,014 million, an increase of 20
percent over last year’s second
quarter sales of $844.8 million.
Scott Wine, Polaris’ Chairman and
CEO, said: “The second quarter
results, our 19th consecutive quarter
of record earnings performance,
exemplify our commitment to
delivering high quality, innovative
products and a first-class purchase
experience that our consumers
expect. Our strong financial
performance in the quarter was driven
by outstanding retail sales growth, up
15 percent in North America, driven by
market share gains in our side-by-side
vehicle product line and continued
growth of our Indian motorcycle
business.
"Net income for the second quarter
was up 21 percent to $96.9 from
$80m for the year-ago quarter.
Between strong demand for our
existing offering