BRP Inc. manufactures and markets powersports products, powertrains, boats, parts, accessories and apparel under brands that include Ski-Doo, Lynx, Sea-Doo, Can-Am, Quintrex and Rotax. Company news commonly covers product and rider-community initiatives for snowmobiles, personal watercraft, pontoons, on-road and off-road vehicles, 3-wheel vehicles, engines and related dealer programs.
Recurring updates also include quarterly and annual results, shipment and retail-sales trends in ORV, PWC and snowmobile categories, tariff and guidance disclosures, capital returns through dividends and share buybacks, shareholder-meeting matters and brand activity such as racing, safety and access programs.
BRP (TSX: DOO) factory team Can-Am completed the 2026 Dakar Rally with strong results: rookie Kyle Chaney and co-driver Jacob Argubright finished 2nd overall in Chaney's Dakar debut, recording a stage five victory and a total time of 56:13:35. Can-Am drivers took six of the top ten overall positions and captured five stage wins, including podium sweeps on stages seven and 12. Joao Monteiro placed fourth (stage 13 winner), Jeremias Gonzalez Ferioli finished fifth (wins on stages seven and 12), and Francisco Lopez was sixth (stage nine winner). The results highlight Maverick R durability over 8,000+ km and provide development insights for production vehicles.
BRP (TSX: DOO; NASDAQ: DOO) announced the closing of a previously announced bought deal secondary offering on Dec 23, 2025. Bain Capital Integral Investors II sold 1,850,000 subordinate voting shares at C$100.00 per share for total gross proceeds of C$185,000,000. All net proceeds were paid to the selling shareholder; the company received no proceeds from the offering. The offering was completed under a prospectus supplement dated Dec 18, 2025 and was led by RBC Capital Markets without an over-allotment option. After closing (excluding certain expected charitable gifting), Bain and affiliates hold 8,603,493 multiple voting shares, representing ~11.72% of issued shares and ~20.73% of voting power.
BRP (TSX: DOO; NASDAQ: DOO) acknowledged the Australian Competition and Consumer Commission's decision to oppose the proposed sale of Telwater to Yamaha Motor Australia on Dec. 18, 2025. BRP said it remains the owner of Telwater, will continue to operate the business, and described Telwater as profitable.
BRP indicated it is evaluating options following the ACCC decision and confirmed the outcome will have no impact on its Fiscal Year 2026 financial guidance.
BRP (NASDAQ/TSX: DOO) announced that Denis Le Vot will become President and CEO effective February 1, 2026, at which time José Boisjoli will retire and step down as Chair. Pierre Beaudoin will be appointed Chair of the Board effective the same date, and Barbara Samardzich will remain Lead Independent Director.
Le Vot joins from Renault Group with a 30-year automotive career and will also join BRP's Board; the Board said this leadership change aims to advance BRP's M28 strategic plan and long-term growth.