<p>北极星工业公司是一家全球领先的动力运动行业企业，专注于制造越野车辆、摩托车和船只，强调创新和户外体验。在 2025 年第三季度，北极星报告销售额增长七个百分点，达到 18.42 亿美元，尽管报告净亏损 1580 万美元。该公司在越野车辆和摩托车市场份额上取得显著增长，零售销售较去年增长九个百分点。今年迄今的经营现金流为 5.62 亿美元，公司重新发布了调整后销售和收益的全年指导。</p>
<p>关键财务亮点包括毛利率上升至 20.6%，以及越野车辆销售显著增长，这得益于积极的产品组合和运营效率。然而，公司面临挑战，如公路业务部门的 4230 万美元减值费用和增加的运营费用，这影响了盈利能力。尽管面临这些困难，北极星在其海洋业务部门保持了强劲的销售增长，销售额增长 20%。</p>
<p>展望未来，北极星对其长期战略保持乐观，专注于运营纪律和创新以推动盈利增长。管理层对公司在年末强劲收官的能力充满信心，利用当前的势头继续为经销商、客户和股东创造价值。</p>

北极星

<p>北极星工业在 2025 年第三季度报告了 7% 的销售增长，达到 18.42 亿美元，尽管净亏损为 1580 万美元。该公司在越野车和摩托车市场上获得了市场份额，零售销售增长了 9%。主要亮点包括 20.6% 的毛利率和 5.62 亿美元的经营现金流。面临的挑战包括 4230 万美元的减值费用和上升的运营开支。然而，海洋部门的销售增长了 20%。北极星对其专注于运营纪律和创新的长期战略保持乐观</p>

<p>Polaris Industries, a global leader in the powersports sector, specializes in manufacturing off-road vehicles, motorcycles, and boats, with a strong emphasis on innovation and outdoor experiences. In its third quarter of 2025, Polaris reported a seven percent increase in sales, reaching $1.842 billion, despite a reported net loss of $15.8 million. The company saw significant market share gains in off-road vehicles and motorcycles, with retail sales up nine percent compared to the previous year. Operating cash flow for the year-to-date was $562 million, and the company reintroduced its full-year guidance for adjusted sales and earnings.</p>
<div class="lb-trans"><p>北极星工业公司是一家全球领先的动力运动行业企业，专注于制造越野车辆、摩托车和船只，强调创新和户外体验。在 2025 年第三季度，北极星报告销售额增长七个百分点，达到 18.42 亿美元，尽管报告净亏损 1580 万美元。该公司在越野车辆和摩托车市场份额上取得显著增长，零售销售较去年增长九个百分点。今年迄今的经营现金流为 5.62 亿美元，公司重新发布了调整后销售和收益的全年指导。</p>
</div><p>Key financial highlights include a gross profit margin increase to 20.6 percent and a notable rise in off-road vehicle sales, driven by a positive product mix and operational efficiencies. However, the company faced challenges such as a $42.3 million impairment charge in its On Road segment and increased operating expenses, which impacted profitability. Despite these hurdles, Polaris maintained strong sales growth in its Marine segment, with a 20 percent increase in sales.</p>
<div class="lb-trans"><p>关键财务亮点包括毛利率上升至 20.6%，以及越野车辆销售显著增长，这得益于积极的产品组合和运营效率。然而，公司面临挑战，如公路业务部门的 4230 万美元减值费用和增加的运营费用，这影响了盈利能力。尽管面临这些困难，北极星在其海洋业务部门保持了强劲的销售增长，销售额增长 20%。</p>
</div><p>Looking ahead, Polaris remains optimistic about its long-term strategy, focusing on operational discipline and innovation to drive profitable growth. The management is confident in its ability to finish the year strong, leveraging its current momentum to continue delivering value to dealers, customers, and shareholders.</p>
<div class="lb-trans"><p>展望未来，北极星对其长期战略保持乐观，专注于运营纪律和创新以推动盈利增长。管理层对公司在年末强劲收官的能力充满信心，利用当前的势头继续为经销商、客户和股东创造价值。</p>
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北极星工业在面临挑战的情况下报告了稳健的销售增长