Polaris Beats Quarterly Estimates As It Prepares For Indian Motorcycle Relaunch

Star Tribune: Polaris officials did a fair amount of gushing as they released the company’s second-quarter earnings results Tuesday. But they were far more pumped about the upcoming relaunch of the Indian Motorcycle brand, set for Aug. 3. at the Sturgis Motorcycle Rally in South Dakota.
       “We expect to generate significant dealer and consumer excitement and orders in the months ahead,” CEO Scott Wine told analysts during a conference call Tuesday. “It is going to be interesting over the next six to eight months.”
       Strong demand for the iconic brand, once considered a rival to Harley-Davidson, prompted Polaris Industries to boost its earnings guidance for the full year. Already, the Medina-based company has built 300 of the redesigned bikes so it will be ready to accept orders.

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