Brp Inc Stock Price, News & Analysis

BRP Inc. (TSX: DOO, NASDAQ: DOOO) reported strong Q1 results for the period ending April 30, 2021, with revenues of $1,809 million, up 47% year-over-year. The net income was $244 million, yielding diluted EPS of $2.79 and normalized diluted EPS of $2.53, a staggering 873% increase. North American Powersports retail sales surged 39%. The company plans to return $289 million to shareholders and has raised its FY22 guidance, projecting normalized EPS growth of 44% to 58%. Financial metrics reveal a gross profit margin increase to 30%.

BRP Inc. (TSX: DOO, NASDAQ: DOOO) will announce its first quarter FY2022 financial results on June 3, 2021, at 6 a.m. EDT. The conference call, led by CEO José Boisjoli and CFO Sébastien Martel, will begin at 9 a.m. EDT. They will also discuss FY2021 results during the Annual Meeting of Shareholders at 11 a.m. EDT. This entirely virtual meeting allows global shareholders to attend. Archived recordings will be available post-event for 30 days.

BRP Inc. (TSX: DOO) (NASDAQ: DOOO) is set to announce its first quarter FY2022 financial results on June 3, 2021, during a conference call at 9 a.m. EDT. This will precede their Annual Meeting of Shareholders at 11 a.m. EDT, where the fiscal year results ending January 31, 2021 will also be discussed. The press release will be available on newswires at 6 a.m. EDT on the same day. Following the meeting, a recorded webcast will be accessible for 30 days. Shareholders will have opportunities to submit questions prior to the event.

BRP Inc. (TSX: DOO, NASDAQ: DOOO) will hold its annual general meeting (AGM) on June 3, 2021, at 11:00 a.m. EDT via live webcast. This virtual meeting allows global shareholder participation. Registered shareholders and proxyholders are encouraged to vote in advance, with results announced post-meeting. Guests can listen but cannot vote or ask questions. Questions can be sent in advance until June 1, 2021. BRP, a leader in powersports with annual sales of CA$6 billion, operates in over 130 countries, employing more than 14,500 people.

BRP Inc. (TSX: DOO) (NASDAQ: DOOO) will hold its fourth quarter FY2021 financial results conference call on March 25, 2021, at 9 a.m. EDT. The results will be released earlier that day, around 6 a.m. EDT. José Boisjoli, CEO, and Sébastien Martel, CFO, will lead the call, addressing analyst questions. The company, a leader in powersports and recreational vehicles, reported annual sales of CA$6.1 billion from over 120 countries and employs around 12,600 people. A webcast will be available for interested participants, with an archived recording accessible for 30 days post-event.

BRP Inc. (TSX: DOO) (NASDAQ: DOOO) reported strong FY21 Q4 results, with revenues of $1,815.1 million, a 12.3% increase year-over-year. Normalized diluted earnings per share soared to $1.82, up 61% from the previous year. For FY21, total revenues were $5,952.9 million, reflecting a 1.6% decline primarily due to operational disruptions from COVID-19. Despite this, the company anticipates robust growth for FY22, projecting total revenue growth of 25% to 30% and normalized EPS expectations between $7.25 to $8.00.

BRP (TSX: DOO) (NASDAQ: DOOO) announced a strategic plan to invest $300 million over five years to electrify its product lines by the end of 2026. The initial electric model is expected to launch within two years, with subsequent rapid rollouts. BRP is developing its in-house Rotax modular electric powerpack technology and has established an Electric Vehicle Development Centre in Canada, focusing on battery and charger integration. A second development pole in Austria will concentrate on electric motor technology. The company is actively recruiting experts for this initiative.

BRP Inc. (TSX: DOO) (NASDAQ: DOOO) will announce its fourth quarter FY2021 financial results on March 25, 2021, at 6 a.m. EDT. José Boisjoli, CEO, and Sébastien Martel, CFO, will lead a conference call at 9 a.m. EDT to discuss the results and answer analyst questions. Media can join but cannot ask questions. An archived recording will be available for 30 days post-event. BRP is a global powersports leader with annual sales of CA$6.1 billion, offering products like Ski-Doo snowmobiles and Sea-Doo watercraft.

BRP Inc. (TSX: DOO) (NASDAQ: DOOO) will announce its fourth quarter FY2021 financial results on March 25, 2021, at 6 a.m. EDT. The conference call, led by CEO José Boisjoli and CFO Sébastien Martel, will take place at 9 a.m. EDT, allowing analysts to pose questions. Investors can access the call via telephone or webcast, with a recording available after the event. BRP, a leading powersports manufacturer with annual sales of CA$6.1 billion and a workforce of approximately 12,600, emphasizes its commitment to consumer focus and innovation.