Polaris Industries Just Hit a New Milestone, And It's Not a Good One
Warren Buffett famously said, "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."
It might not be in a matter of minutes that the reputation of Polaris Industries (NYSE: PII) is coming undone, but its repeated product recalls is surely undermining whatever shred of credibility it had in building quality vehicles. The question for investors is whether the company will do things differently to prevent further erosion. By the looks of it, one could be forgiven for thinking no.
Image source: Polaris Industries.
Source: Fool.com