By Rob Curran
Polaris swung to a third-quarter loss due to an impairment charge, but sales rose amid strong demand for its four-wheelers and motorcycles.
The maker of snowmobiles, all-terrain vehicles and other recreational crafts swung to a loss of $15.8 million, or 28 cents a share from a profit of $27.7 million, or 49 cents a share, a year earlier.
Stripping out certain one-off items such as an asset impairment charge of $42.3 million, Polaris logged adjusted earnings of 41 cents a share, eclipsing the average Wall Street target of 16 cents a share.
Third-quarter sales rose 7% to $1.84 billion, surpassing the average Wall Street target of $1.76 billion.
Polaris projected a 2025 adjusted loss of 5 cents a share on adjusted sales in a range between $6.9 billion and $7.1 billion.
In April, Polaris withdrew its previous full-year guidance due to trade and economic uncertainty.
Earlier this month, Polaris agreed to sell its Indian brand motorcycle unit to investment firm Carolwood LP.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 28, 2025 06:27 ET (10:27 GMT)
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