STOCK TITAN
  1. Home
  2. News
  3. DOOO

BRP Inc - DOOO STOCK NEWS

Welcome to our dedicated news page for BRP (Ticker: DOOO), a resource for investors and traders seeking the latest updates and insights on BRP.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BRP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BRP's position in the market.

News
BRP ANNOUNCES AMENDMENT AND EXTENSION OF ITS TERM FACILITY
Rhea-AI Summary
BRP Inc. successfully amended and extended a substantial portion of its term loan facility, extending $1,000 million of debt maturities from 2027 to 2031. The company issued a new $1,000 million Term Loan B-3, bearing interest at a rate of 275 basis points over Term SOFR with a Term SOFR floor of 0.0% and maturing in January 2031. The proceeds from this loan were used to repay a portion of the original Term Loan B-1 due May 2027. The amount outstanding under the Term Loan B-1 decreases from $1,466 million to $466 million, with all other terms unchanged. The other Term Loan B-2 due 2029 remains unchanged, and all loans outstanding under the Term Loan B facility remain exempt of financial covenants. This amendment is part of the company's strategy to preserve a strong balance sheet and increase flexibility for long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
none
-
News
BRP ANNOUNCES ORGANIZATIONAL STRUCTURE CHANGES AND RELATED EXECUTIVE LEADERSHIP APPOINTMENTS
Rhea-AI Summary
BRP Inc. announces organizational changes in its Powersports and Marine groups, aiming to maximize efficiencies and operational excellence. The changes include combining the two groups under one leadership, appointing new executives, and refocusing key leaders' roles. The company aims to drive sustained profitable growth and deliver a compelling value proposition to its network of dealers and distributors. The changes are expected to position BRP for long-term growth and capitalize on the leaders' expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
none
-
News
BRP CELEBRATES 20 YEARS OF ADVENTURES AND INNOVATION
Rhea-AI Summary
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) celebrates 20 years of adventure, innovation, and growth, tripling its global market share, quadrupling revenues to over CAD 10 billion, and expanding from 7,500 to 23,000 employees in 26 countries. The company aims to reduce its carbon footprint and have 50% of its units sold as electric by 2035, while exploring new markets and strengthening its position in the marine industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
Tags
none
News
BRP ANNOUNCES THE RENEWAL OF ITS NORMAL COURSE ISSUER BID
Rhea-AI Summary
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) has announced the approval of the renewal of its normal course issuer bid (NCIB) to purchase for cancellation up to 3,231,999 subordinate voting shares over the twelve-month period starting on December 5, 2023, and ending no later than December 4, 2024. As of November 28, 2023, 33,487,275 subordinate voting shares were issued and outstanding. The Board of Directors believes that the purchase of its subordinate voting shares could represent an appropriate and desirable use of its available cash to increase shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.71%
Tags
none
-
News
BRP PRESENTS ITS THIRD QUARTER RESULTS FOR FISCAL YEAR 2024
Rhea-AI Summary
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) reported revenues of $2,467.8 million, a decrease of 8.9% compared to the same period last year. Normalized EBITDA was $444.9 million, down 8.8%. Normalized earnings per share – diluted was $3.06, a decrease of 15.9%, and earnings per share – diluted was $0.81, a decrease of 54.0%. North American quarterly retail sales were mixed, with an overall flat retail compared to the same period last year. Full year-end guidance for Normalized EPS – diluted was adjusted downward, now ranging from $11.10 to $11.35.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.71%
Tags
earnings
-
News
/R E P E A T -- BRP TO PRESENT ITS THIRD QUARTER RESULTS FOR FISCAL YEAR 2024 /
Rhea-AI Summary
BRP Inc. (DOO) to hold third quarter FY24 financial results conference call on November 30th, 2023. President and CEO José Boisjoli and CFO Sébastien Martel to present and address analyst questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences earnings
News
BRP TO PRESENT ITS THIRD QUARTER RESULTS FOR FISCAL YEAR 2024
Rhea-AI Summary
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) to hold Q3 FY24 financial results conference call on November 30th, 2023. President and CEO José Boisjoli and CFO Sébastien Martel to present results and address questions from analysts. Webcast and dial-in details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
conferences earnings
-
News
BRP ANNOUNCES THE REPRICING OF ITS TERM LOAN B-2
Rhea-AI Summary
BRP Inc. successfully reprices Term Loan B-2, reducing interest rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
none
-
News
Can-Am Maverick R Scores Historic First Win
Rhea-AI Summary
Can-Am's factory racer Dustin Jones made history by winning the 2023 Silver State 300 race with the all-new Can-Am Maverick R, marking a successful racing debut for the platform. Can-Am racers also swept the podium in the UTV overall and UTV Turbo Pro class. The Maverick R and Maverick X3 platforms earned two wins and six podiums in their respective classes. This success demonstrates Can-Am's commitment to producing high-performance vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
Tags
none
News
BRP PRESENTS ITS SECOND QUARTER RESULTS FOR FISCAL YEAR 2024
Rhea-AI Summary
BRP Inc. reports record second quarter with revenues of $2,778.0 million, up 14% compared to last year. North American Powersports retail sales grew by 41%, outperforming the industry. Normalized earnings per share increased by 9% to $3.21. Full year-end guidance for Normalized EPS increased by $0.10, now ranging from $12.35 to $12.85.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
earnings
Stock DOOO logo
BRP Inc

Nasdaq:DOOO

DOOO Rankings

#1171 Ranked by Market Cap
#1944 Ranked by Stock Gains
#1860 Ranked by Dividends

DOOO Stock Data

5.27B
33.61M
2.9%
71.87%
2.68%
All Other Transportation Equipment Manufacturing
Manufacturing
Link
Canada
Valcourt

About DOOO

brp (tsx:doo) est un chef de file mondial dans la conception, le développement, la fabrication, la distribution et la commercialisation de véhicules de sports motorisés. depuis l’obtention du premier brevet en 1937 par notre fondateur joseph-armand bombardier, nos 7 600 employés continuent à innover, afin de proposer des produits et services avant-gardistes. distribuée dans 107 pays, notre gamme de marques et de produits comprend : les motoneiges ski-doo et lynx, les motomarines sea-doo, les véhicules tout-terrains et les véhicules côte à côte can-am, les roadsters spyder, les moteurs hors-bord evinrude et les systèmes de propulsion rotax. brp (tsx:doo) is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. since our founder joseph-armand bombardier obtained his first patent in 1937, our 7,600 employees continuously innovate, in order to offer products and cutting-edge services. distributed in 107 countries, our brands and pr