Polaris Inc. · NYSE:PII
Polaris — Baird's 2023 Global Consumer, Technology & Services Conference
11 slides from Polaris's conference presentation, Jun 7, 2023
Slide 1: Baird's 2023 Global Consumer, Technology & Services Conference
Bob Mack Chief Financial Officer Baird’s 2023 Global Consumer, Technology & Services Conference June 7, 2023
Slide 2: Polaris At-a-Glance
Polaris At-a-Glance 2022 Sales by Segment Polaris Founded $8.6B* Employees Worldwide +15% 75% YOY Growth Off Road 14% On Road Powersports Market Share Leader 11% Marine Global Manufacturing Locations 2022 Sales by Geography Powersports Dealers Worldwide United Units Shipped Worldwide in 2022 States
Slide 3: Competitive Moat
Competitive Moat 2022 Powersports Unit Retail Off Road #1 +30% Off-Road Vehicles Vs. #2 player On Road #2 +115% Motorcycles > 900cc Vs. #3 player Marine #1 +30% ~1.5x Pontoon & Deck Boats Vs. #2 player closest competitor Scale Advantages Innovation Engine Product Breadth Brand Presence Competitors P
Slide 4: Recent New Product Introductions
Recent New Product Introductions 2024 Polaris RZR XP 2024 Polaris XPEDITION • All-new platform with rugged design and stronger chassis • All-new, category defining, industry first Adventure model for new customer type • Superior fit and finish with roomier cockpit and new seats • Largest accessory p
Slide 5: 2022-2026 Targets
PuslLARiS Think Outside GLOBAL LEADER IN POWERSPORTS Powering passion and pioneering new possibilities for all those who play, work and THINK OUTSIDE Best Customer Experience © Rider-Driven Innovation ce Best Team, Best Culture 4+ Inspirational Brands Agile & Efficient Operations #4 Geared For Good
Slide 6: 2022 Geared for Good Report Launched
2022 Geared for Good Report Launched Continually tuning to be good stewards for our industry, employees, riders, communities, and the outdoors THINK PRODUCT THINK PRODUCTION THINK PLACES THINK PEOPLE Original 5-Year Goals Achieved NEW! 2035 Environmental Goals 2022 Goals* vs 2022 Results* Achieve 90
Slide 7: Q&A
Q&A Baird Conference 6-7-23 7
Slide 8: Appendix
Appendix • Safe Harbor & Non-GAAP Measures • 2023 Guidance Adjustments Baird Conference 6-7-23 8
Slide 9: Safe Harbor & Non-GAAP Measures
Safe Harbor & Non-GAAP Measures Except for historical information contained herein, the matters set forth in this presentation are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those forward-looking statements. Poten
Slide 10: 2023 Guidance Adjustments
2023 Guidance Adjustments 2023 guidance excludes the pre-tax effect of supply chain transformation, restructuring and network realignment costs of approximately $5 million, and approximately $10 million for class action litigation-related expenses. Intangible amortization of approximately $20 millio
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