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Polaris Industries' CEO Hosts Analyst And Investor Meeting (Transcript)

Stocks in this article: PII

So here is one of our favorite charts for a while we took that off the thing but we brought it back because we’re so proud of it. We’ve had nine consecutive quarters of double digit retail growth and that’s a phenomenal number and it’s a real bell weather to say, how is our business going to continue to perform. And as we’ve gone through the list the first half of this year it’s been as solid as a rock. So we’re very, very encouraged with the retail trends.

A lot of you guy saw the show last night so I’m not going to belabor it, but significant product news. We pride ourselves on always outdoing the industry and frankly in totality almost, but the Ranger XP900 is going to be a huge product for us. The midsize 800, I know it’s still based under, is going to be very compelling. The Scrambler 850, everybody that’s ridden that product just raves about it. It’s really our first significant ATV launch in a long time. And obviously is what Steve has with boardwalk and the new RFM and all the branding stuff we’re doing. It’s a big year news and should be a real positive second half catalyst for us.

This chart really, what I wanted to talk a little bit about is we’ve doubled the size of the company and we’ve been able to make sure we leverage it at the bottom line, but we’re taking on unprecedented levels of success. We see lots and lots of opportunity on our core and in new business and we’re investing that back into R&D really to fuel our future growth. So one of the nice things about being consistently high performer right now is we’ve been able to stay on the gaps in engineering and again as Scott just mentioned our product pipeline is awesome.

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