Polaris Inc.

Polaris Inc. raised its full-year 2026 financial outlook after reporting second-quarter results that surpassed internal targets. Reported sales increased 9%, driven by double-digit growth in the Powersports segment, while organic sales rose 17% when excluding Indian Motorcycle. Operational adjusted earnings per share reached $1.01, exceeding the target range of $0.70 to $0.80, and adjusted earnings per share were $1.97, including a $74 million pre-tax benefit from IEEPA tariff refund claims. The company now expects full-year sales of $7.3 billion to $7.5 billion, representing 2% to 5% growth, and raised its full-year adjusted earnings per share guidance to $3.00 to $3.10. Off-road vehicle North American retail grew 5%, marking the fifth consecutive quarter of market share gains, while dealer inventory decreased 8% year over year. Management cited strong operational performance, favorable product mix, and tariff refunds as key drivers, while noting ongoing headwinds from commodity costs and a pressured recreational vehicle market.

Polaris Inc. has appointed Dustin J. Semach to its board of directors, effective June 19, 2026. Semach currently serves as President and Chief Executive Officer of Sealed Air Corporation, a role he assumed in February 2025 after joining the company as Chief Financial Officer in 2023. He will serve on the board's Audit Committee and Compensation Committee. Polaris Board Chair John Wiehoff said Semach's experience across finance, strategy, and operations brings valuable perspective to the powersports leader.