Polaris Inc (NYSE:PII) reported a 4% YoY decline in Q3 FY23 sales to $2.25 billion, missing analyst consensus estimates. The company's sales were negatively impacted by lower shipment volumes and higher finance interest. Sales from Off-Road segment rose 6%, On Road segment dropped 19%, and Marine slumped 48%. Adjusted EPS of $2.71 beat the analyst consensus estimate of $2.69. The company cut its FY23 sales outlook to +3% - +5% and slashed adjusted EPS guidance to -8% - -4%. PII shares are trading lower by 4.33% at $88 in premarket on Tuesday.