Brp Inc Stock Price, News & Analysis

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.

Can-Am, a brand of BRP Inc. (TSX: DOO) (NASDAQ: DOOO), unveils its 2025 lineup, featuring the all-new Can-Am Canyon 3-wheel vehicle. This rugged, adventure-ready model boasts higher ground clearance, longer suspension travel, and all-road wheels, designed for diverse terrains. Available in three trims (Standard, XT, Redrock), the Canyon offers a 115-horsepower Rotax ACE 1330 cc engine, six-speed semi-automatic transmission, and advanced features like a 10.25-inch touchscreen with Apple CarPlay.

The 2025 lineup also includes updates to the Can-Am Spyder and Ryker models, with new color options, backup camera availability, and enhanced tires. The Ryker line introduces four new panel kit colors for increased customization options.

BRP Inc.'s (TSX: DOO) (NASDAQ: DOOO) brands Sea-Doo and Alumacraft are enhancing their fishing-focused product lines for 2025. Sea-Doo introduces the FishPro Apex personal watercraft and Switch Fish pontoon, while Alumacraft unveils redesigned Trophy and Competitor models. The FishPro Apex, a one-year production run, features a 300 hp engine, 9-inch Garmin fish finder GPS, and various fishing-specific amenities. The Switch Fish pontoon, available in 18- and 21-foot lengths, offers Garmin fish finders, a bow-mounted trolling motor, and ample storage. Alumacraft's new models boast the durable 2XB hull, redesigned consoles, and innovative X-Pods for enhanced storage and deck space.

Can-Am, a brand of BRP Inc. (TSX: DOO) (NASDAQ: DOOO), has announced the launch of its 2025 Can-Am Pulse and Can-Am Origin all-electric motorcycle lineup. These models feature BRP's proprietary Rotax E-Power technology, offering instant torque and a liquid-cooled system for optimal performance. Key features include:

- Quick charging: 20% to 80% in 50 minutes using Level 2 charging
- 10.25-inch touchscreen display with Apple CarPlay
- BRP GO! App connectivity
- Active ReGen system for enhanced control and battery efficiency
- Multiple riding modes
- Estimated city range: up to 160 km (100 miles) for Pulse, 145 km (90 miles) for Origin

Pre-orders are now available in select countries, with production starting in Q4 2024 and global deliveries in early 2025.