Likefolio data is showing an increase in Purchase Intent mentions over the last 3 months.
With Purchase Intent up +30% YoY, Summer weather in full effect, and a growing interest in the outdoors, PII has great potential. Nationwide shut-downs through May helped to generate buzz for Polaris products.
LikeFolio recorded significant strength in the Polaris RZR and Indian Motorcycle brands specifically.
This tells us one thing: People want to be outdoors more than usual and they're turning to Polaris.
Heading into earnings (tomorrow before the bell)... Polaris has already rebounded from March market weakness, reaching a 2020 high in June. In addition, Wall Street expects a substantial YoY decline in revenue.
With an Earnings Score of +35 and growing buzz and consumer demand, a surprise to the upside is not out of the question this week.
Andy Swan founder, LikeFolio
2527 Nelson Miller Pkwy #206
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