Polaris Says It Has No Plans to Scuttle Boat Business -- Market Talk

Dow Jones01-28

1337 ET - Off-road vehicle maker Polaris is shedding its motorcycle business but will keep making boats, CEO Mike Speetzen tells analysts. The Minnesota-based manufacturer reached a deal last year to sell its Indian motorcycle brand to the private equity firm Carolwood LP, and some have speculated that its marine business, which includes Bennington pontoons and Hurricane deck boats, would be the next to go. Speetzen refutes that during an analyst call, saying the company's marine segment has already gotten rid of underperforming brands, and that the remaining ones are gaining market share and generating strong cash flow. Polaris sinks 6.7%.(john.keilman@wsj.com)

(END) Dow Jones Newswires

January 27, 2026 13:37 ET (18:37 GMT)

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