BRP (TSE:DOO) has released an update.
BRP Inc. reported a decrease in revenues by 16.4% to $2.03 billion, alongside a net loss of $7.4 million in its fiscal year 2025 first quarter, contrasting with last year’s profits. Despite the tough macroeconomic environment and competitive pressures, BRP saw an increase in retail sales for its SSV and ATV industries and continues to lead with strong market share gains, particularly in its Can-Am SSV business. The company has revised its full-year guidance with an adjusted revenue forecast between $8.6 and $8.9 billion and normalized earnings per share now expected to be between $6.00 and $7.00.
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