Polaris Industries, Inc. (PII) Exceeds Second Quarter Expectations
Businesses in virtually every sector of our economy are certainly struggling at the present time, but you couldn't tell by looking at Polaris Industries. The company reported better-than-expected second quarter financial results this week, including a 21-percent increase in sales since the same time last year. The recreational vehicle manufacturer shocked many Wall Street analysts with the favorable results, granted the fact that - at the current moment - not many families are enjoying large disposable incomes. Nonetheless, Polaris enjoyed a quarterly profit of $24.4 million, equal to 72 cents of earnings per share. The company attributes a great deal…