Brp Inc Stock Price, News & Analysis

BRP Inc. (NASDAQ: DOOO) has achieved a historic milestone as the first Canadian company to be named Red Dot: Design Team of the Year 2025. The company secured five additional Red Dot awards, including a prestigious Best of the Best award for its electric motorcycle Can-Am Pulse.

The other award-winning products include the Can-Am Origin, Canyon Redrock, Maverick R Max, and Outlander XT 1000R. These designs were recognized for their innovative features, bold aesthetics, and rider-centric approach. BRP's Design & Innovation team is showcasing their work at a dedicated exhibition in the Red Dot Design Museum in Essen, Germany, for six weeks.

With these new accolades, BRP has now accumulated 200 international design and innovation awards, including 61 Red Dots, cementing its position as a leader in powersports vehicle design.

BRP Inc. (NASDAQ: DOOO) has announced the sale of its Manitou pontoon boat business to the Marcott family, owners of Bentley Pontoons. The transaction, expected to close during BRP's third quarter of Fiscal 2026, involves the transfer of Manitou assets in Lansing, Michigan.

This divestment is part of BRP's strategic decision to exit its Marine businesses and focus on core Powersports activities. The Marcott family plans to continue Manitou's operations at the existing Lansing facility. This announcement follows the completed sale of Alumacraft in Q2 FY2026 and a pending agreement for the Telwater business sale.

BRP Inc. (NASDAQ:DOOO) celebrates the third anniversary of its global anti-bullying initiative, Ride Out Intimidation, with over CAD $10 million invested since 2022. The program has partnered with 35+ organizations across 12 countries, including notable institutions like Fondation CHU Sainte-Justine and Bully Zero.

Since February 2024, the initiative has impacted 385,000 people and supported anti-bullying efforts in 973 schools, workplaces and institutions. The company's annual Yellow Day event, held on February 13, 2025, saw participation from 3,650 employees, along with dealers, ambassadors, and community partners. The next Yellow Day is scheduled for November 21, 2025.

BRP Inc. (NASDAQ: DOOO) has opened its first European flagship store in Paris, marking a significant milestone in its 22-year history. Located at 8 Boulevard du Montparnasse, the 144-square-meter store is operated by Canadian Motors and showcases BRP's Can-Am brand vehicles, including the new electric motorcycles Can-Am Pulse and Can-Am Origin, as well as the Can-Am Canyon three-wheeler. The electric motorcycles feature BRP's proprietary Rotax E-Power technology, offering quick charging capabilities (20% to 80% in 50 minutes) and innovative liquid-cooling systems. The store represents BRP's strategic expansion in Europe, where it currently maintains a network of over 450 dealers and distributors across the EMEA region. This retail, experiential, and demo center aims to strengthen BRP's market presence and customer relationships in Europe while highlighting its commitment to innovation and premium quality.

BRP (NASDAQ: DOOO) held its annual and special meeting of shareholders virtually, announcing the election of directors and board committee compositions. All 12 nominated directors were successfully elected with strong shareholder approval, receiving between 93.32% and 99.99% of votes. Notable appointments include José Boisjoli as Chair, Barbara Samardzich as Lead Independent Director, and Hildegard Maria Wortmann, who will join effective July 1st, 2025. The board committees were restructured with Michael Ross chairing the Audit Committee, Edward Philip leading both the Human Resources and Compensation Committee and the Nominating, Governance and Social Responsibility Committee, and Barbara Samardzich chairing the Investment and Risk Committee.

BRP Inc. (NASDAQ: DOOO) announced that President and CEO José Boisjoli will retire by the end of fiscal year 2025 after leading the company for 22 years. During his tenure, Boisjoli transformed BRP from a Bombardier spin-off into a global Powersports leader, significantly expanding its product portfolio and market presence. Under his leadership, the company's revenue more than tripled and its Powersports market share increased threefold, with BRP products now representing one-third of global sales. The Board of Directors is actively conducting a search for his successor, and Boisjoli will continue to lead until the new appointment is made. He will also step down from his position as Chair of the Board upon retirement.

BRP Inc. (NASDAQ: DOOO) reported its FY26 Q1 results with revenues of $1,846.9 million, down 7.7% year-over-year. Despite challenging market conditions, net income increased significantly by 278.8% to $161.0 million. However, Normalized EBITDA decreased 34.7% to $200.8 million. North American retail sales remained flat, with strong Snowmobile performance offset by Year-Round Products decline. The company announced the sale of Telwater Pty, Ltd. and Alumacraft's assets. Key financial metrics include:

• Gross profit decreased 24.3% to $394.8 million
• Operating expenses reduced by 9.2% to $300.9 million
• Diluted EPS increased to $2.19 from $0.56
• Normalized diluted EPS decreased to $0.47 from $1.58

The company declared a quarterly dividend of $0.215 per share, payable on July 14, 2025.

Sea-Doo, a brand of BRP Inc. (NASDAQ: DOOO), has launched the Water 101 module of its Responsible Rider Masterclass to promote safety and responsible riding for boaters and personal watercraft (PWC) users. The free online training program, featuring Sea-Doo Ambassador Daniel "Aqua Dan" do Nascimento, focuses on three key pillars: riding etiquette, environment, and safety.

The initiative provides essential safety tips including smart trip planning, maintaining focus while riding, environmental protection measures, proper safety gear usage, and respecting fellow riders. The program, developed in partnership with Tread Lightly!, follows the successful launch of Snow 101 in February 2025 and aims to ensure long-term enjoyment of personal watercraft while prioritizing safety on the water.

BRP Inc. (NASDAQ: DOOO) has announced two key events scheduled for Thursday, May 29, 2025. First, the company will host its Q1 FY2026 financial results conference call at 9 a.m. EDT, where President and CEO José Boisjoli and CFO Sébastien Martel will present results and take analyst questions. The earnings release will be distributed at approximately 6 a.m. EDT.

Following this, at 11 a.m. EDT, BRP will hold its Annual and Special Meeting of Shareholders as a completely virtual meeting. The meeting will be accessible to all shareholders regardless of location, with simultaneous interpretation available in French and English. Registered shareholders and proxy holders are encouraged to vote in advance and can submit questions either during the meeting or by email until May 27, 2025.