Home / Knowledge / News / Apparel/Garments / Polaris PG&A sales up for Q4 2007
Polaris PG&A sales up for Q4 2007
Jan '08
Polaris Industries Inc reported net income from continuing operations of $1.07 per diluted share for the fourth quarter of 2007, a 15 percent increase from $0.93 per diluted share for the prior year's fourth quarter.

Net income from continuing operations for the fourth quarter 2007 was $38.0 million, an increase of five percent from the prior year's fourth quarter net income from continuing operations of $36.1 million. Sales for the fourth quarter 2007 increased 21 percent to $541.4 million, compared to last year's fourth quarter sales of $448.6 million.

Full Year results from continuing operations:
For the full year ended December 31, 2007, Polaris reported net income from continuing operations of $112.6 million, or $3.10 per diluted share, compared to $112.8 million or $2.72 per diluted share for the year ended December 31, 2006, representing a 14 percent increase on a per diluted share basis. Sales for the full year 2007 totaled $1,780.0 million, up seven percent compared to sales of $1,656.5 million for the full year 2006.

“We are very pleased with our performance in 2007,” stated Tom Tiller, Chief Executive Officer. “We knew at the start of the year that we would face a challenging economy, but we also had confidence in the plan we laid out early last year. You will recall that we have three stated objectives over the next few years: win in the core; deliver operational excellence and grow the Company.

We effectively executed on all three of these initiatives in 2007. We not only gained market share in every business during the year and witnessed the operational excellence initiatives we implemented take hold, but we also aggressively expanded sales in our growth businesses, particularly in our side-by-side business with the RANGER RZR.

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search