Core Insights - BRP's Design & Innovation team has been awarded the "Red Dot: Design Team of the Year 2025" title, highlighting the company's commitment to rider-centric innovation and design excellence [1][2] - The company has received five new Red Dot awards, bringing its total to 200 international design and innovation recognitions, including 61 Red Dots [12] Company Overview - BRP Inc. is a global leader in powersports products, propulsion systems, and boats, with over 80 years of experience and a focus on consumer needs [13] - The company reported annual sales of CA$7.8 billion and employs approximately 16,500 people as of January 31, 2025 [13] Design Highlights - The Can-Am Pulse motorcycle emphasizes urban mobility and accessibility with a bold, compact design that encourages inclusivity [3][4] - The Can-Am Origin motorcycle combines motocross heritage with modern design, suitable for both city and rugged terrains [5][6] - The Can-Am Canyon Redrock features a new design language for three-wheel adventure vehicles, focusing on off-road capability and rider comfort [7][8] - The Can-Am Maverick R Max is designed for shared off-road experiences, accommodating four passengers while maintaining agility [9][10] - The Can-Am Outlander XT 1000R sets a new visual identity for utility ATVs, balancing functionality with a bold aesthetic [11][12]

Core Viewpoint - BRP Inc. has entered into a definitive agreement for the Marcott family to acquire Manitou assets in Lansing, Michigan, as part of BRP's strategy to divest its Marine businesses and focus on core Powersports activities, aiming for long-term success [1][2]. Group 1: Transaction Details - The transaction is expected to close during BRP's third quarter of Fiscal 2026, with both BRP and the Marcott family collaborating to ensure a smooth transition [2]. - The Marcott family, with a strong background in the pontoon industry, is committed to maintaining the Manitou brand's reputation for performance, quality, and service [2]. Group 2: Background and Context - This announcement follows the sale of Alumacraft, which was finalized in the second quarter of BRP's Fiscal 2026, and an agreement for the sale of the Telwater business, pending customary closing conditions [3]. - BRP is a global leader in powersports products, with annual sales of CA$7.8 billion and a workforce of approximately 16,500 as of January 31, 2025 [5].

Core Insights - BRP Inc. has invested over CAD $10 million in its global community engagement program, Ride Out Intimidation, since its launch in 2022, aiming to combat bullying [2][4] - The initiative has reached over 385,000 individuals and impacted 973 schools, workplaces, and institutions across 12 countries [4] - BRP's annual Yellow Day event, which promotes awareness against bullying, saw participation from over 3,650 employees and numerous partners in 2025 [5] Company Overview - BRP Inc. is a global leader in powersports products, with annual sales of CAD $7.8 billion and a workforce of approximately 16,500 employees as of January 31, 2025 [6][7] - The company offers a diverse portfolio of brands, including Ski-Doo, Lynx, Sea-Doo, and Can-Am, and is committed to developing electric models for its product lines [6]

Crushing beats on both the top and bottom lines by Bombardier Recreational Products (DOOO 12.89%), or BRP, clearly impressed the stock market on Thursday. Buoyed by highly encouraging results from the first quarter of fiscal 2026, the shares enjoyed a gain of nearly 13% across the day's trading session. That percentage was also well higher than the 0.3% gain recorded by the S&P 500 index.Far outpacing analyst estimatesBRP, a Canada-based company that specializes in vehicles such as snowmobiles and personal ...

Core Viewpoint - BRP Inc. reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, but down from $0.70 per share a year ago, indicating a significant earnings surprise of 13.79% [1] Group 1: Earnings Performance - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - BRP's revenues for the quarter ended April 2025 were $1.3 billion, exceeding the Zacks Consensus Estimate by 5.48%, although this is a decrease from $1.5 billion in the same quarter last year [2] - The company has topped consensus revenue estimates three times over the last four quarters [2] Group 2: Stock Performance and Outlook - BRP shares have declined approximately 29.4% since the beginning of the year, contrasting with the S&P 500's slight gain of 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.41 on revenues of $1.26 billion, and for the current fiscal year, it is $2.38 on revenues of $5.4 billion [7] Group 3: Industry Context - The Automotive - Original Equipment industry, to which BRP belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact BRP's stock performance [5]

Core Insights - José Boisjoli, President and CEO of BRP Inc., will retire by the end of the fiscal year after 22 years in leadership, marking a significant transition for the company [1][2][3] - Under Boisjoli's leadership, BRP has transformed from a Bombardier spin-off into a leading global Powersports OEM, tripling its revenue and significantly increasing its market share [2][3] Company Leadership Transition - The Board of Directors is actively searching for a successor to Boisjoli as part of a succession plan, ensuring continuity in leadership [1][3] - Boisjoli will remain in his role until a new CEO is appointed, facilitating a smooth transition [1][3] Company Growth and Performance - Since becoming a standalone company in 2003, BRP has diversified its product portfolio and expanded its manufacturing footprint, resulting in a threefold increase in market share over two decades [2][3] - BRP's annual sales reached CA$7.8 billion, with a workforce of approximately 16,500 employees as of January 31, 2025 [6]

Core Insights - BRP Inc. reported financial results for the three-month period ended April 30, 2025, showing a decrease in revenues and gross profit but a significant increase in net income compared to the same period last year [2][10][16]. Financial Performance - Revenues decreased by 7.7% to CAD 1,846.9 million from CAD 1,999.9 million in the same period last year [10][11]. - Gross profit fell by 24.3% to CAD 394.8 million, with a gross profit margin of 21.4%, down from 26.1% [13]. - Normalized EBITDA decreased by 34.7% to CAD 200.8 million [15]. - Net income increased by 278.8% to CAD 161.0 million, compared to CAD 42.5 million in the previous year [16][18]. Retail Sales and Market Trends - North American retail sales remained flat, with strong end-of-season sales in Snowmobile offset by a decline in Year-Round Products due to industry slowdown [8][12]. - Seasonal Products revenues decreased by 21.7% to CAD 419.2 million, while Year-Round Products revenues decreased by 4.5% to CAD 1,105.8 million [16]. Operating Expenses and Cash Flow - Operating expenses decreased by 9.2% to CAD 300.9 million, attributed to lower general and administrative expenses and cost optimization [14]. - Consolidated net cash flows from operating activities totaled CAD 214.5 million, an increase from CAD 141.4 million in the previous year [19]. Future Outlook - The company refrained from making financial projections due to uncertainty in the macro environment but expressed confidence in its product portfolio and inventory management for a potential rebound [4][7].

Core Viewpoint - The market anticipates a year-over-year decline in BRP Inc.'s earnings due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - BRP is expected to report quarterly earnings of $0.29 per share, reflecting a year-over-year decrease of 58.6% [3]. - Revenue projections stand at $1.23 billion, down 17.7% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 6.06% over the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +12.28% suggests recent bullish sentiment among analysts, despite the stock holding a Zacks Rank of 5, complicating predictions of an earnings beat [10][11]. Earnings Surprise History - In the last reported quarter, BRP exceeded expectations by posting earnings of $0.69 per share against an estimate of $0.62, resulting in a surprise of +11.29% [12]. - The company has beaten consensus EPS estimates in all of the last four quarters [13]. Conclusion - While BRP does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].

VALCOURT, QC, May 7, 2025 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO) will hold its first quarter FY2026 financial results conference call on Thursday, May 29, 2025, followed by its Annual and Special Meeting of Shareholders ("the Meeting") conducted by live webcast.José Boisjoli, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer, will present the results of the first quarter of FY2026 and address questions from analysts on a conference call at 9 a.m. Eastern Dayligh ...

Company Overview - BRP Inc is a leader in the powersports industry with a diverse product portfolio that includes Ski-Doo snowmobiles, Sea-Doo watercrafts, and Can-Am off-road vehicles [1] Investment Philosophy - The investment approach focuses on value and deep value, emphasizing a concentrated portfolio in key companies with thorough industry research [1] - The importance of understanding qualitative aspects of a company and tying them into a supportive valuation is highlighted [1] Educational Background - The educational background includes a specialization in Accounting and a minor in Economics from Wilfrid Laurier University in Ontario, Canada [1] - The current pursuit of a CPA designation indicates a commitment to professional development in finance [1] Professional Role - The company operates in a large Financial Services firm in Toronto, Canada, in a non-investment risk-related role [1] Goals and Interests - The goal of writing on Seeking Alpha is to obtain second opinions on investment ideas and inspire readers to think differently about investing [1] - There is an interest in studying past examples of successful and unsuccessful deep value investments to understand effective strategies [1]