Indian motorcycle sales surge 37% following rollout of Challenger

//Indian motorcycle sales surge 37% following rollout of Challenger

Indian motorcycle sales surge 37% following rollout of Challenger

Polaris Inc. stock is up sharply Tuesday morning after the maker of ATVs, snowmobiles and motorcycles reported better-than-expected profits for the fourth quarter, driven in part by the rollout of a new Indian motorcycle. The Medina, Minnesota-based manufacturer posted income of $98.9 million for the quarter, or $1.58 per share, up from $91.4 million, or $1.47 per share the year before. Adjusted earnings were $1.83 per share, ahead of Wall Street average estimates of $1.79. Sales were $1.73 billion,…

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By | 2020-01-28T19:13:08+00:00 January 28th, 2020|Budget and Tax|

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