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    • Ebita at 9.2% is really good. If you were to put a company for sale a that ebita percentage in a downed market, every private equity group would be all over it faster than flys on shit. Fuck they would gut everything to make it say 12%, sell it off and walk away winners 
    • Lakeside has been around a long time and it’s sad to them go out this way. When the textron dealership shut down my family was involved with was actually sold off as turn key dealer and the new owners ran it out of business fast. textron took it over and really fucked over everything. I wish the original owner of it was still alive. Great man and passed suddenly a couple years ago and was way too young. 
    • Everyone here knows you are a moron, you don't have to keep telling us.. BTW there is no such thing as "profit loss"  its profit, or loss.  Saying proffit loss is like saying jimwit smart. care to show me where in the report it states "80% profit loss"???   Quarterly sales of $1.72 billion, which fell 23% year-over-year, missed the street view of $1.77 billion. Adjusted gross profit margin fell 184 basis points year over year to 20.8%. Primary factors affecting third-quarter sales were lower volume, product mix, and net pricing driven by elevated promotional activity. Adjusted EBITDA margin in the quarter under review contracted 333 basis points year over year to 9.2%. In the third quarter, market share for off-road vehicles (ORV), motorcycles, and pontoons declined modestly. Powersports retail sales fell by 7% compared to last year, primarily due to decreases in ORV, motorcycles, and marine sales, with ORV retail down by 3%. “We expect a challenging retail environment throughout the rest of 2024 and into next year,” said Mike Speetzen, Chief Executive Officer of Polaris.   Polaris exited the quarter with cash and equivalents worth $291.3 million, with net inventories at the quarter-end of $1.998 billion. Outlook: Polaris has revised its 2024 sales outlook to a decline of about 20% compared to 2023, up from the previous estimate of a 17% to 20% decrease. It now expects adjusted diluted EPS to drop approximately 65% relative to 2023, compared to the earlier forecast of a 56% to 62% decline. Price Action: PII shares are trading lower by 5.16% to $76.06 at last check Tuesday.
    • It'd be a tough business to make a living at.  You'd need to diversify quite a bit to get you through the down times.  Start parting sleds and building a used parts inventory etc and building customer base that way and every other way, it'd be tough.  All these assholes bitch about stealerships I don't know how they think you pay X amount of people a quality income that's required for quality help while they bypass their local dealer to buy from the cheapest mail order and save $3.  Then bitch when dealers close even though they never went to them anyway.
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