BRP Suspends FY27 Guidance Due to Changes to U.S. Tariff Environment

BRP (TSX: DOO, NASDAQ: DOO) suspended its FY27 guidance due to an April 6, 2026 amendment to Section 232 U.S. tariffs.

Rhea-AI Summary

BRP (TSX: DOO, NASDAQ: DOO) suspended its FY27 guidance due to an April 6, 2026 amendment to Section 232 U.S. tariffs.

The amendment applies a 25% tariff on imported snowmobiles and most ORV models, replacing a previous 50% metal-content tariff; BRP estimates potential incremental tariff costs in excess of $500 million for the remainder of FY27 before mitigation.

Positive

• Strong balance sheet cited as support to manage tariff shock
• Solid start to the year noted, implying near-term operational momentum

Negative

• Estimated incremental tariff cost in excess of $500 million for FY27
• Suspension of FY27 guidance introduces near-term forecast uncertainty for investors
• 25% tariff now applies to imported snowmobiles and most ORV models

Argus Apr 15 session

-35.08% close to close Open Argus

Details

News Market Reaction – DOO

On Apr 15, the first trading day after this news, DOO closed 35.08% below the previous close.

Data tracked by StockTitan Argus for the Apr 15 session.

Key Figures

New tariff rate: 25% tariff Previous tariff basis: 50% tariff Incremental tariff cost: In excess of $500 million +5 more

New tariff rate

25% tariff

Applied to total value of imported snowmobiles and most ORV models

Previous tariff basis

50% tariff

Previously applied only to applicable metal content

Incremental tariff cost

In excess of $500 million

Estimated impact for the remainder of the year before mitigation

Tariff amendment effective date

April 6, 2026

Effective date of amended Section 232 tariffs

Pre-news share price

$78.39

Price before this article, <b>4.27%</b> below 52-week high

52-week high

$81.885

Stock trading close to this level ahead of tariff news

52-week low

$39.78

Shares were substantially above this level pre-announcement

Market cap

$5,572,702,992

Equity value prior to guidance suspension announcement

Historical Context

5 past events · Latest: Apr 09

5 events

1. Apr 09

   Racing results

   24h Move

   +2.6%

   Ski-Doo riders secured championships and multiple podiums in ISOC Snocross season finale.

2. Apr 01

   Community initiative

   24h Move

   +1.2%

   Return of Snow PASS grant program, with prior support for over 240 projects.

3. Mar 26

   Earnings/results

   24h Move

   +3.5%

   Q4 and FY26 revenue growth, improved profitability, higher dividend, FY27 guidance provided.

4. Mar 20

   Design challenge

   24h Move

   -0.6%

   Announcement of winners in BRP’s 6th International Design Challenge with student participants.

5. Mar 19

   Earnings preview

   24h Move

   -0.2%

   Notice of timing and access details for upcoming Q4 and full-year FY26 results call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

section 232 tariffs, forward-looking statements

2 terms

section 232 tariffs regulatory

"following the recent amendment of Section 232 tariffs on Steel, Aluminum and Copper imports"

A U.S. law authority that lets the government impose import duties if certain goods are judged to threaten national security, commonly used for metals like steel or aluminum. For investors, these tariffs act like a sudden price hike or import tax on a company's raw materials or foreign competitors, which can raise costs, change profit margins, shift supply chains, and alter competitive advantage across affected industries.

forward-looking statements regulatory

"Certain statements included in this press release ... constitute "forward‑looking statements""

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

VALCOURT, QC, April 14, 2026 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOO) today announced it is suspending its full-year FY27 guidance following the recent amendment of Section 232 tariffs on Steel, Aluminum and Copper imports into the U.S., which came into effect on April 6, 2026. For BRP, the amendment mainly leads to a 25% tariff on the total value of imported snowmobiles and the majority of ORV models, replacing the previous 50% tariff on applicable metal content only. The Company currently estimates the potential incremental tariff cost related to this amendment to be in excess of $500 million for the remainder of the year, before any mitigation measures that could partially offset these impacts.

"Like many manufacturers, we are operating in a highly volatile and unpredictable tariff environment that continues to create uncertainty across the market," said Denis Le Vot, President and CEO of BRP. "Despite the material burden of these tariff changes, we expect that, with our solid balance sheet, the agility of our teams and the strong start of the year, we will be able to manage our business through this challenge and continue to push BRP forward."

Caution Concerning Forward-Looking Statements

Certain statements included in this press release, including, but not limited to, statements relating to the Company's guidance, expectations, future operating or financial performance, plans, objectives, priorities, strategies, anticipated market conditions, and the decision to suspend financial guidance, constitute "forward‑looking statements" within the meaning of applicable securities laws.

The words "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indicates", "anticipates", "believes", "estimates", "outlook", "predicts", "projects", "likely", "potential", "aims", "targets", "strives", "goal" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward‑looking statements. Forward‑looking statements are based on assumptions and are subject to inherent risks and uncertainties, both general and specific, made by the Company in light of its experience, current and past practices and perception of historical trends, as well as expectations and assumptions regarding future developments, which may cause actual results to differ materially from those expressed or implied by such statements.

Forward‑looking statements cannot be relied upon due to, among other things, changing external events, macroeconomic and industry conditions, and general uncertainties inherent to the Company's business and strategic planning, which are  amplified in the current environment.

Forward‑looking statements are subject to numerous factors, many of which are beyond BRP's control, including those described under the heading "Risk Factors" in the Company's most recent Management's Discussion and Analysis and other BRP's filings made with the securities regulatory authorities in each of the provinces and territories of Canada and the United States, available on SEDAR+ at sedarplus.com or EDGAR at sec.gov, respectively. The forward-looking statements contained in this press release are made as of the date of the press release (or as of the dates otherwise specifically stated), and are subject to change after such date. The Company has no intention and undertakes no obligation to update or revise any forward-looking statements to reflect future events, changes in circumstances, or changes in assumptions or beliefs, unless required by applicable securities regulations.

About BRP

BRP Inc. is a global leader in the world of powersports products and powertrains, built on over 80 years of ingenuity, innovation, and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on- and off-road vehicles, Quintrex boats as well as Rotax engines for karts, recreational aircraft and jet boats, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its product lines with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Headquartered in Quebec, Canada, BRP had annual sales of CA$8.4 billion from over 110 countries and employed close to 17,000 driven, resourceful people as of January 31, 2026.

www.brp.com
LinkedIn

Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Quintrex and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.

View original content to download multimedia:https://www.prnewswire.com/news-releases/brp-suspends-fy27-guidance-due-to-changes-to-us-tariff-environment-302742408.html

SOURCE BRP Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did BRP (DOO) suspend FY27 guidance on April 14, 2026?

BRP suspended FY27 guidance due to a change in U.S. Section 232 tariffs that created material uncertainty. According to the company, the April 6, 2026 amendment replaces a 50% metal-only approach with a 25% tariff on imported snowmobiles and most ORV models.

How much does BRP (DOO) estimate the new tariffs will cost in FY27?

BRP estimates potential incremental tariff costs in excess of $500 million for the remainder of FY27. According to the company, that estimate is before any mitigation measures that could partially offset these impacts.

What specific products does the April 6, 2026 tariff amendment affect for BRP (DOO)?

The amendment applies a 25% tariff to the total value of imported snowmobiles and the majority of ORV models. According to the company, this replaces the prior 50% tariff that applied only to applicable metal content.

What mitigation options did BRP (DOO) mention to address tariff impacts?

BRP said mitigation measures could partially offset the tariff impacts but provided no specifics in the release. According to the company, it expects to leverage its balance sheet and operational agility to manage through the challenge.

What does the guidance suspension mean for BRP (DOO) investors in 2026?

The guidance suspension signals elevated near-term uncertainty about FY27 financial metrics and planning. According to the company, elevated tariff costs and market volatility make forward-looking estimates unreliable until impacts and mitigations are clearer.