Polaris Industries Inc. reported that is snowmobile sales increased 14 percent to $185.5 million for the third quarter ended Sept. 30 compared to $162.7 million for the third quarter of 2014.
The Minneapolis-based manufacturer of motocycles and off-road vehicles attributed the increase to an increased quantity and richer mix of snowmobiles being shipped in the 2015 third quarter compared to the same period a year ago.
While the snowmobile retail selling season is just beginning, Polaris’ market share performance season-to-date through the 2015 third quarter is pacing with the company’s expectations, led by the 2016 model of its PRO-RMK, which Polaris is marketing as the lightest mountain sled on the market.
As planned, Polaris North American snowmobile dealer inventories during the third quarter of 2015 increased significantly year-over-year in preparation for the upcoming snowmobile retail selling season.
