Some of my favorite articles to write are those that highlight possible turnaround stocks. These are stocks whose share prices have been hammered over a short period. Companies that otherwise are excellent businesses. For example, in January 2019, I recommended seven stocks to buy that had lost 20% of their value over the past quarter. It’s fair to say that most of the names on the list have done exceptionally well over the past five years. The real outlier, however, was SVB Financial. It went on to crash a ...

VALCOURT, QC, Jan. 26, 2024 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO) ("BRP" or the "Company") announced today the closing of the previously announced bought deal secondary offering (the "Offering") pursuant to which Bain Capital Integral Investors II, L.P. ("Bain" or the "Selling Shareholder") sold 2,000,000 subordinate voting shares of BRP (the "Subordinate Voting Shares") at a price to the public of C$91.00 per Subordinate Voting Shares. The Subordinate Voting Shares were offered by way of a pros ...

BRP Inc. (NASDAQ:DOOO) Q3 2024 Earnings Conference Call November 30, 2023 9:00 AM ET Sébastien Martel - Chief Financial Officer James Hardiman - Citi Benoit Poirier - Desjardin Capital Markets Luke Hannan - Canaccord Genuity Tristan Thomas-Martin - BMO Capital Markets Good morning, ladies and gentlemen and welcome to the BRP Inc.Â's Fiscal Year 2024 Third Quarter Results Conference Call. For participants who use the telephone line, it is recommended to turn off the sound on your device. reference will be ma ...

Company Participants Sébastien Martel - Chief Financial Officer Conference Call Participants Robin Farley - UBS Xian Siew - BNP Paribas Cameron Doerksen - National Bank Financial Martin Landry - Stifel Joe Altobello - Raymond James Brian Morrison - TD Securities Michael Kypreos - Desjardins Operator I would now like to turn the meeting over to Mr. Philippe Deschênes. Please go ahead, Mr. Deschênes. Thank you Julie. Good morning and welcome to BRPÂ's conference call for the second quarter of fiscal year '24. ...

FY24 Guidance Bridge Upgrade Drivers Realignment Drivers FY24 Diluted Normalized EPS[1] Guidance Bridge[2] ◼ Impact of share repurchases completed in the quarter ◼ Lower shipments of PA&A primarily for 3WV and Sea-Doo Pontoon Powersports PA&A and OEM Engines | Revenues up 14% + +14% ◼ Higher volume of PA&A driven by strong unit retail sales, and higher volume of Pinion gearboxes sales ◼ Parts: Double-digit % revenue growth primarily driven by the growing number of units in use *All variations above represen ...

Operator Your next question comes from Xian Siew with BNP Paribas. Please go ahead. Xian Siew Hey, guys. Thanks for the question. Maybe on the P&A. So it was down 17% in the quarter. You mentioned some timing effects, but the guide of 3% to 7% growth was maintained. Any other kind of shifts we should think about over the rest of the year? And are there any kind of inflection points like maybe in the third quarter? Or any kind of thoughts on the P&A? Sebastien Martel Yeah, Q1 P&A down. Some of it is driven b ...

Thank you. [Operator Instructions] Your first question comes from Mark Petrie from CIBC. Please go ahead. Mark Petrie Good morning. We're hoping that you can just shed some more light in terms of the commentary with regards to consumer demand. And I guess specifically, those areas where you are monitoring and momentum and used units and value segments, as well as some OEMs and dealers returning to more typical levels of in incentives. If you could just share a little bit more detail on that be helpful. Than ...

Exhibit 99.1 Highlights for FY23 Q4 Highlights for FY23 Fiscal 2024 full-year guidance PRESS RELEASE For immediate distribution • Revenues of $3,076.3 million, an increase of $728.8 million or 31% compared to the same period last year, a record performance for a single quarter in the Company's history; • Retail sales up for Powersports products by 21% compared to the same period last year, and market share gains for SSV in North America; • Normalized diluted earnings per share [1] of $3.85, an increase of $ ...

BRP Inc. (NASDAQ:DOOO) Q3 2023 Earnings Conference Call November 30, 2022 9:00 AM ET Company Participants Philippe Deschênes - Investor Relations José Boisjoli - President and Chief Executive Officer Sébastien Martel - Chief Financial Officer Conference Call Participants Joe Altobello - Raymond James Robin Farley - UBS Joe Spak - RBC Capital Markets Martin Landry - Stifel Fred Wightman - Wolfe Research Benoit Poirier - Desjardins Xian Siew - BNP Paribas Mark Petrie - CIBC Cameron Doerksen - National Bank Fi ...

BRP Inc. (NASDAQ:DOOO) Q2 2023 Earnings Conference Call September 14, 2022 9:00 AM ET Company Participants José Boisjoli - President, Chief Executive Officer Sébastien Martel - Chief Financial Officer Philippe Deschênes - Investor Relations Conference Call Participants Robin Farley - UBS Xian Siew - BNP Paribas Benoit Poirier - Desjardins Capital Joe Altobello - Raymond James Mark Petrie - CIBC World Markets Gerrick Johnson - BMO Capital Markets Martin Landry - Stifel GMP Craig Kennison - Baird Cameron Doer ...