Home / Knowledge / News / Apparel/Garments / Polaris PG&A sales up for Q4 2007
Polaris PG&A sales up for Q4 2007
30
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

Last-minute changes in USMCA keeps lid on e-com

Textiles | On 18th Oct 2018

Last-minute changes in USMCA keeps lid on e-com

Eleventh hour changes to a new trade deal torpedoed US hopes of...

Courtesy: Haggar

Apparel/Garments | On 18th Oct 2018

Haggar uses Repreve fibre made of recycled water bottles

Haggar, a US based apparel brand established in 1926, has recycled...

Revenue from RIL petrochemicals soars 56.2% in Q2FY19

Textiles | On 18th Oct 2018

Revenue from RIL petrochemicals soars 56.2% in Q2FY19

The revenue from the petrochemicals segment of Reliance Industries...

Interviews View All

Nitin Bhatia, Trend Arrest

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Liz Manning,

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Karen Lou,

Karen Lou

Australia-based Sunseeker has been creating swimwear since 1970. Sunseeker ...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

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

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search