Polaris Inc. released first quarter 2025 results. For the first quarter, the company reported worldwide sales of $1,536 million, down 12% versus the first quarter of 2024. North America sales of $1,290 million represented 84% of total company sales and decreased 11% from $1,444 million in 2024. International sales of $246 million represented 16% of total company sales and decreased 16% versus the first quarter of 2024. Total company sales in the first quarter of 2025 were negatively impacted by lower volume and net pricing driven by higher promotional activity partially offset by favorable product mix.

“Results from this recent quarter were in line with our expectations, as we continued to prioritize supporting our dealer network and managing a prolonged industry downturn,” Mike Speetzen, chief executive officer said.

“While consumer uncertainty and a dynamic tariff environment are near-term hurdles, we are thoughtfully navigating these challenges. Our team continues to make progress on the strategic efforts within our control, from innovation and quality advancements in our lineup to our operational efficiency and working capital efforts. We expect this unrelenting focus on long-term growth and profitability will enable us to emerge stronger from this downturn and reinforce our position as the industry leader. --