Off-road vehicle maker Polaris (PII) said it won’t follow competitors in drastic price cutting even as sales plunge thanks to high interest rates and financially stressed consumers.

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Traders work on the floor of the New York Stock Exchange on Tuesday. The leading S&P 500 fell 0.9%, the tech-heavy Nasdaq lost 1.6% and the blue chip Dow Jones Industrial Average declined 1% ...

This unlocks Polaris ability to continue to strategically bolt on businesses (with opportunities likely in key inputs and parts and accessories ... day term loan for $500 million into a longer ...

Consumer caution and backed up inventory hit Polaris hard in the third quarter, resulting in an 80% drop in profits. Company leaders said Tuesday that consumers continue to put off buying larger ...

Polaris missed top- and bottom-line estimates, and lowered full-year guidance. The company is attempting to manage inventories through a downturn. Polaris is a maker of off-road vehicles, boats ...