Leisure Products Stocks Q4 Recap: Benchmarking Polaris (NYSE:PII)

Leisure Products Stocks Q4 Recap: Benchmarking Polaris (NYSE:PII)

As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the leisure products industry, including Polaris (NYSE:PII) and its peers.

Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don’t may find themselves in precarious positions due to the non-essential nature of their offerings.

The 13 leisure products stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 1.7% while next quarter’s revenue guidance was 1.9% below.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 17.6% since the latest earnings results.

Polaris (NYSE:PII)

Founded in 1954, Polaris (NYSE:PII) designs and manufactures high-performance off-road vehicles, snowmobiles, and motorcycles.

Polaris reported revenues of $1.78 billion, down 22.9% year on year. This print exceeded analysts’ expectations by 5.9%. Overall, it was a strong quarter for the company with a decent beat of analysts’ EPS estimates.

Leisure Products Stocks Q4 Recap: Benchmarking Polaris (NYSE:PII)

The stock is down 27.4% since reporting and currently trades at $41.02.

Is now the time to buy Polaris? Access our full analysis of the earnings results here, it’s free .

Best Q4: Malibu Boats (NASDAQ:MBUU)

Founded in California in 1982, Malibu Boats (NASDAQ:MBUU) is a manufacturer of high-performance sports boats and luxury watercrafts.

Malibu Boats reported revenues of $200.3 million, down 5.1% year on year, outperforming analysts’ expectations by 4.8%. The business had an exceptional quarter with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

Leisure Products Stocks Q4 Recap: Benchmarking Polaris (NYSE:PII)

Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 20.1% since reporting. It currently trades at $30.68.

Is now the time to buy Malibu Boats? Access our full analysis of the earnings results here, it’s free .

Weakest Q4: Harley-Davidson (NYSE:HOG)

Founded in 1903, Harley-Davidson (NYSE:HOG) is an American motorcycle manufacturer known for its heavyweight motorcycles designed for cruising on highways.

Harley-Davidson reported revenues of $687.6 million, down 34.7% year on year, falling short of analysts’ expectations by 3.8%. It was a disappointing quarter as it posted a miss of analysts’ motorcycles sold estimates and a significant miss of analysts’ adjusted operating income estimates.

Harley-Davidson delivered the slowest revenue growth in the group. As expected, the stock is down 6.8% since the results and currently trades at $25.

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