March 20, 2012
Filed under Features, News
Ongoing growth of the side-by-side market and market share gains by Polaris Industries ?should more than offset weak snowmobile industry sales (down 3 percent February season to date),? according to a research report by Wells Fargo Securities analyst Tim Conder.
Conder provided the report to Powersports Business following a Polaris analyst meeting in Texas and then Monterrey, Mexico, at the Polaris manufacturing plant.
Conder reported that the heavyweight motorcycle market has seen U.S. retail sales growth of 9-11 percent in January and February.
Also, Conder goes on to report that the ?side-by-side market continues strong from a 250,000-300,000 unit 2011 industry base. We believe [Polaris] is again gaining share, driven by its RZR XP, XP4 and 570 skus and the Ranger diesel. Military has a quarter backlog and should benefit from a new rubber polymer ?fun flat? airless tire.?
Conder also reports that ?based on new patent filings, [Polaris] is NOT excessively concerned with new products coming from major Japanese competitors over the next 1-2 years.?
In addition, Conder reports that U.S. industry snowmobile retail unit sales through February are down 3 percent compared to a year ago.
k cups best buy we bought a zoo we bought a zoo ipad accessories derrick rose port charlotte florida
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.