BRP (TSE:DOO) has released an update.
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BRP Inc. has reported a noticeable dip in net income for the three-month period ending July 31, 2024, generating $7.2 million, compared to $338.7 million in the same period of 2023. Over the six-month period, the company’s net income saw a significant decrease from $493.2 million in 2023 to a marginal loss of $0.2 million in 2024. This downturn reflects in both the basic and diluted earnings per share, which shifted from substantial gains in the previous year to nearly breakeven.
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