Polaris Updates 2024 Sales Outlook To Be Down Approximately 20% Y/Y Vs. Its Previous Outlook Of Down 17% - 20%
Portfolio Pulse from Benzinga Newsdesk
Polaris has revised its 2024 sales outlook, now expecting a decline of approximately 20% year-over-year, compared to its previous forecast of a 17% to 20% decrease.
October 22, 2024 | 10:06 am
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Polaris has updated its 2024 sales outlook, now anticipating a 20% year-over-year decline, which is a slight adjustment from its previous forecast of a 17% to 20% decrease.
The revision of the sales outlook to a more definitive 20% decline suggests a more pessimistic view of future sales performance. This could negatively impact investor sentiment and the stock price in the short term.
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