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Polaris Industries' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Polaris Industries, Inc. (PII)

Q2 2012 Earnings Call

July 24, 2012, 10:00 a.m. ET


Richard Edwards - Director of IR

Scott W. Wine – CEO

Bennett J. Morgan - President and COO

Michael W. Malone - VP - Finance and CFO


Jaime Katz – Morningstar, Inc.

Greg Badishkanian – Citigroup

Scott Hamann – KeyBanc Capital Markets

Gerrick Johnson – BMO Capital Markets

Jimmy Baker – B. Riley & Company

Craig Kennison – Robert W. Baird

Ed Aaron – RBC Capital Markets

Rommel Dionisio – Wedbush Securities

Scott Stember – Sidoti & Company, LLC

Tim Conder – Wells Fargo Securities

Mark Smith – Feltl and Company

Joe Hovorka - Raymond James Company



Good morning. My name is Sarah, and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Polaris Second Quarter Earnings Results Conference Call. (Operator Instructions)

I would now like to turn the call over to Mr. Richard Edwards, Director of Investor Relations. Mr. Edwards, you may begin your conference.

Richard Edwards

Thank you, Sarah. Good morning and thank you for joining us for our 2012 second quarter earnings conference call. A slide presentation is accessible at our website at www., which has additional information for this morning’s call. The speakers today are Scott Wine, our chief executive officer, Bennett Morgan, our president and chief operating officer and Mike Malone, our chief financial officer.

During the call, we will be discussing certain topics, including product demand and shipments, sales and margin trends, income and profitability levels, and other matters, including more specific guidance on our expectations for the balance of 2012, which should be considered forward-looking for the purposes of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projections in the forward-looking statements.

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