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Polaris Reports Q2 2014 Sales Results
Tue, 22 Jul 2014The relaunch of Indian Motorcycles continues to be a resounding success for Polaris Industries, helping the company report a 107% increase in second quarter revenue from motorcycle sales. Polaris reported revenues of $103.1 million in the quarter ended June 30, more than double the $49.9 million in revenue reported over the same quarter last year. Polaris continues to see strong demand for Indian, which relaunched last summer, while demand for Victory decreased by the mid-single digits.
Polaris Reports Q1 2013 Results
Tue, 23 Apr 2013Polaris Industries reported a 26% increase in net income over the first quarter of 2013, but a 2.9% decline in on-road vehicle sales (comprised almost entirely of Victory and Indian Motorcycles). The company’s first quarter filings report a net income of $75.5 million, up from the $60.1 million reported over the same period in 2012. Much of the increase can be attributed to a 217% increase in net sales from its snowmobile division, spurred in large part by increase in snowfall across many regions of North America.
Hero MotoCorp Trademarks 8 Models with USPTO
Fri, 03 Oct 2014Hero MotoCorp is getting closer to launching its small-displacement motorcycles and scooters in America, recently filing trademarks for eight models with the U.S. Patent and Trademark Office. On Aug.
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