Welcome to our dedicated page for Brp news (Ticker: DOOO), a resource for investors and traders seeking the latest updates and insights on Brp stock.
BRP Inc. (NASDAQ: DOOO) drives innovation in powersports vehicles and propulsion systems, serving adventure enthusiasts and commercial operators worldwide. This news hub provides investors and industry stakeholders with timely updates on corporate developments, financial performance, and market leadership in recreational mobility.
Access official press releases, earnings reports, and strategic announcements in one centralized location. Track BRP's latest innovations in snowmobiles, watercraft, and off-road vehicles alongside partnerships and sustainability initiatives shaping the powersports sector.
Key updates include quarterly financial results, product launch details, manufacturing expansions, and technological advancements. Our curated news selection enables informed analysis of BRP's market position and growth trajectory within the $30B+ powersports industry.
Bookmark this page for streamlined access to BRP's corporate communications. Combine these updates with SEC filings and market analysis for comprehensive investment research in the evolving recreational vehicle sector.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) reported Q3 FY2025 financial results showing significant declines across key metrics. Revenues decreased 17.5% to $1,955.7 million, while net income fell 69.7% to $27.3 million. Normalized EBITDA dropped 42.9% to $264.1 million, and normalized diluted EPS decreased by $2.08 to $1.16.
North American retail sales declined by 11%, though the company achieved its objective of reducing North American Off-Road Vehicle network inventory by 22% compared to last year-end. BRP reaffirmed its full-year guidance, adjusted for Marine discontinued operations, projecting revenues between $7.6 and $7.8 billion, and normalized EPS between $4.25 and $4.75.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) has announced its upcoming third quarter FY25 financial results conference call, scheduled for Friday, December 6, 2024. The event will feature President and CEO José Boisjoli and CFO Sébastien Martel, who will present the results and take analyst questions starting at 9 am (EDT). The press release will be distributed at approximately 6 a.m. (EDT) the same day. The presentation will be accessible via telephone and webcast, with recordings available for 30 days after the event.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) has announced its upcoming third quarter FY25 financial results conference call, scheduled for Friday, December 6, 2024. The event will feature President and CEO José Boisjoli and CFO Sébastien Martel, who will present the quarterly results and take analysts' questions starting at 9 am EDT. The press release containing the results will be distributed earlier that day at approximately 6 a.m. EDT. The presentation will be accessible via telephone and webcast, with recordings available for 30 days after the event.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) has announced the initiation of a process to sell its Marine businesses, including Alumacraft, Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin), and Marine parts, accessories and apparel. This decision excludes Sea-Doo personal watercraft, Sea-Doo Switch pontoons, and jet propulsion systems. The company aims to focus on its Powersports portfolio and OEM Engine business due to challenging economic conditions.
BRP's President and CEO, José Boisjoli, stated that the company has built a solid foundation in the Marine sector through investments in innovative products and facility upgrades. The sale is expected to be completed in the first quarter of Fiscal Year 2026. BRP has retained National Bank Financial Inc. to assist with the sale process and does not anticipate any impacts on its current Fiscal Year 2025 guidance.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) has announced a change to its Board of Directors. Ms. Estelle Métayer has resigned from her position as Director, effective immediately, citing personal reasons. Ms. Métayer had been serving on the Board since 2014.
José Boisjoli, Chair of the Board of Directors, expressed gratitude for Ms. Métayer's contributions over the past decade, highlighting her strategic insights and leadership in governance. He noted that her expertise has guided the company through pivotal moments.
Ms. Métayer, in turn, thanked the shareholders for their trust and expressed pride in contributing to BRP's growth and innovation during her tenure.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) has officially inaugurated its Design & Innovation Center in Palm Bay, Florida, as part of its ongoing expansion in the region. This center, dedicated to advanced concepts and designs for on-water products, aims to bring significant innovation to the marine industry. BRP has invested over $15 million in its Palm Bay facility, which includes enhanced Research & Development (R&D) capabilities and additional land for diverse testing environments.
The Palm Bay site, employing 60 people, focuses on engineering jet propulsion systems, powerpacks, calibration, and testing. It is one of BRP's three global Design Centers, alongside facilities in Valcourt, Québec, and Sophia Antipolis, France. The Palm Bay team has designed notable products such as the Manitou Cruise and Explore pontoons, Alumacraft Trophy and Competitor aluminum boats, and the Quintrex Freestyler boat.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) reported its Q2 FY2025 financial results, showing a significant decrease in performance. Revenues dropped 33.7% to $1,841.9 million, while net income fell by $331.5 million to $7.2 million. The company's Normalized EBITDA decreased by 58% to $198.5 million, and Normalized diluted EPS fell by $2.60 to $0.61. North American Powersports retail sales declined by 18%. As a result, BRP has adjusted its full-year guidance, now expecting revenues between $7.8 and $8.0 billion, and Normalized diluted EPS between $2.75 and $3.25. Despite challenges, BRP continues to innovate, introducing new products across its Can-Am, Sea-Doo, and Alumacraft lines, including its entry into the electric motorcycle market.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) has announced its upcoming second quarter FY25 financial results conference call, scheduled for Friday, September 6, 2024, at 9 am (EDT). The company's President and CEO, José Boisjoli, along with CFO Sébastien Martel, will present the results and address analysts' questions. The press release detailing the results will be distributed on September 6 at approximately 6 a.m. (EDT).
Investors and analysts can join the call via telephone or webcast. The event will be accessible to media and interested participants, with an archived recording available for 30 days following the original broadcast. Business media are permitted to join but cannot ask questions during the call.
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) has announced its upcoming second quarter FY25 financial results conference call, scheduled for Friday, September 6, 2024, at 9 am EDT. The company's President and CEO, José Boisjoli, along with CFO Sébastien Martel, will present the results and address analysts' questions. The press release detailing the results will be distributed earlier that day at approximately 6 a.m. EDT.
Investors and analysts can join the call via telephone or webcast, with international dial-in numbers available. While business media can listen in, they won't be allowed to ask questions. An archived recording of the call will be accessible for 30 days following the original broadcast.
Can-Am, a brand of BRP Inc. (TSX:DOO) (NASDAQ:DOOO), has unveiled its 2025 lineup of ATVs and SSVs, featuring the all-new Outlander 850/1000R and Maverick R Max. The Outlander 1000R boasts industry-leading 101 hp, while the 850 model offers 82 hp. Both feature improved suspension, handling, and design. The Maverick R Max introduces a four-seat configuration for the high-performance SSV. Key improvements include:
- New Rotax engines with increased horsepower
- Enhanced suspension travel and ground clearance
- Upgraded transmission and braking systems
- Improved design with LED lights and increased storage
- Advanced technology features, including a 10.25" touchscreen display
The Outlander lineup includes various configurations, while the Maverick R Max offers four model options. These vehicles cater to diverse rider needs, from work to recreation and high-performance off-roading.
FAQ
What is the current stock price of Brp (DOOO)?
What is the market cap of Brp (DOOO)?
