BRP Inc. (NASDAQ:DOOO) Q1 2023 Earnings Conference Call June 3, 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 Craig Kennison - Baird Robin Farley - UBS Martin Landry - Stifel GMP George Doumet - Scotiabank Xian Siew - BNP Paribas Joe Altobello - Raymond James Benoit Poirier - Desjardins Joseph Spak - RBC Capital Markets Cameron Doerksen - National Bank ...

BRP Inc. (NASDAQ:DOOO) Q4 2022 Earnings Conference Call March 25, 2022 9:00 AM ET Company Participants Philippe Deschênes - Treasury, Investor Relations José Boisjoli - President and Chief Executive Officer Sébastien Martel - Chief Financial Officer Conference Call Participants Mark Petrie - CIBC Robin Farley - UBS Martin Landry - Stifel Craig Kennison – Baird Xian Siew - BNP Paribas Exane Brian Morrison - TD Securities Joe Altobello - Raymond James George Tome - Scotiabank Benoit Poirier - Desjardins Capit ...

BRP Inc. (NASDAQ:DOOO) Q3 2022 Earnings Conference Call December 1, 2021 9:00 AM ET Company Participants José Boisjoli - President, Chief Executive Officer Sébastien Martel - Chief Financial Officer Philippe Deschênes - Treasury, Investor Relations Conference Call Participants Craig Kennison - Baird Unknown Analyst - Stifel Gerrick Johnson - BMO Capital Markets Cameron Doerksen - National Bank Financial Joe Altobello - Raymond James Brian Morrison - TD Securities Robin Farley - UBS Fred Wightman - Wolfe Res ...

BRP Inc. (NASDAQ:DOOO) Q2 2022 Earnings Conference Call September 2, 2021 9:00 AM ET Company Participants Philippe Deschenes - Investor Relations Jose Boisjoli - President and Chief Executive Officer Sebastien Martel - Chief Financial Officer Conference Call Participants Robin Farley - UBS Joe Altobello - Raymond James Martin Landry - Stifel GMP Gerrick Johnson - BMO Capital Markets Mark Petrie - CIBC Jaime Katz - Morningstar Benoit Poirier - Desjardins Capital Markets Fred Wightman - Wolfe Research Craig K ...

BRP, Inc. (NASDAQ:DOOO) Q4 2021 Earnings Conference Call June 3, 2021 9:00 AM ET Company Participants Philippe Deschenes - Manager, Treasury & IR Jose Boisjoli - President, CEO & Chairman Sebastien Martel - CFO Conference Call Participants Robin Farley - UBS Investment Bank Cameron Doerksen - National Bank Financial Craig Kennison - Robert W. Baird & Co. Benoit Poirier - Desjardins Capital Markets Frederick Wightman - Wolfe Research Martin Landry - Stifel Sean Collins - Citi Group Research Brian Morrison - ...

Financial Data and Key Metrics Changes - Revenue for Q3 FY 2021 reached $1.7 billion, up 2% year-over-year, with a gross profit margin of 29.1%, representing a 220 basis point increase [7][29] - Normalized EBITDA increased by 30% to $349 million, resulting in a normalized EPS of $2.13, up 41% from the previous year [8][30] - Free cash flow generation was strong at $228 million, with cash on the balance sheet totaling $1.3 billion [30] Business Line Data and Key Metrics Changes - Year-Round Products revenue increased by 11%, driven by a richer product mix, while Seasonal Products revenue decreased by 8% due to changes in production schedules [18][22] - Parts, Accessories, and Apparel (PA&A) revenue rose by 15%, attributed to strong retail sales and increased usage [26] - Marine revenue declined by 25%, primarily due to the wind down of the Evinrude outboard engine line, although retail for other brands showed mid-30% growth [27] Market Data and Key Metrics Changes - North American powersports retail was up 16% year-over-year, with a 29% increase when excluding Personal Watercraft [9][12] - Retail growth in Latin America was 16% and 22% in Asia-Pacific, while EMEA experienced a 9% decline due to inventory shortages [9][10] - The North American three-wheeled vehicle market saw retail growth of low 20%, with significant participation from new entrants [20][21] Company Strategy and Development Direction - The company is focused on capitalizing on strong consumer interest in powersports, with plans to increase production capacity and introduce new products [14][15] - A new side-by-side manufacturing facility in Mexico is under construction, expected to enhance production capacity by 50% [19] - The company aims to maintain a balance between new and existing customers, leveraging innovative product introductions to gain market share [42][74] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about sustained consumer interest and the ability to manage supply chain challenges effectively [13][39] - The company has increased its year-end guidance, expecting revenue to decline by 1% to 5% and normalized EPS to grow by 31% to 37% [8][36] - Management acknowledged potential risks from COVID-19 but remains confident in the company's ability to navigate these challenges [39] Other Important Information - The company has reinstated its quarterly dividend and launched a normal course issuer bid, reflecting confidence in its financial position [40] - The company reported a significant increase in new entrants to the powersport market, with 34% of buyers being new to the industry [12][73] Q&A Session Summary Question: Retail growth trends in recent months - Management noted strong retail growth in August, September, and October, with October showing a slight acceleration despite being a transition month [47] Question: Cost structure and future expenses - Management indicated that while cost-saving measures were beneficial, expenses are expected to rise in Q4 due to strategic investments [52] Question: Inventory management and profitability - Management confirmed that low inventory levels are benefiting dealers and the company, with plans to manage inventory levels carefully moving forward [56] Question: Market share gains in side-by-side vehicles - Management attributed market share gains to pre-COVID momentum and effective production management during the quarter [60] Question: New customer demographics and retention - Management highlighted that new entrants are diverse and include many professionals, with a focus on converting them into loyal customers [90][91]

BRP, Inc. (NASDAQ:DOOO) Q2 2021 Earnings Conference Call August 27, 2020 9:00 AM ET Company Participants Philippe Deschênes - Manager, Treasury & IR José Boisjoli - President, CEO & Chairman Sebastien Martel - CFO Conference Call Participants Steven Arthur - RBC Capital Markets Mark Petrie - CIBC Capital Markets Benoit Poirier - Desjardins Securities Robin Farley - UBS Investment Bank Craig Kennison - Robert W. Baird & Co. Brian Morrison - TD Securities Fred Wightman - Wolfe Research Martin Landry - Stifel ...

BRP Inc. (NASDAQ:DOOO) Q1 2021 Earnings Conference Call May 28, 2020 9:00 AM ET Company Participants José Boisjoli - President, Chief Executive Officer Sébastien Martel - Chief Financial Officer Philippe Deschênes - Investor Relations Conference Call Participants Steve Arthur - RBC Capital Markets Craig Kennison - Baird Gerrick Johnson - BMO Capital Markets Robin Farley - UBS Mark Petrie - CIBC Tim Conder - Wells Fargo Securities Benoit Poirier - Desjardins Fred Wightman - Wolfe Research Derek Dley - Canacc ...

BRP Inc. (NASDAQ:DOOO) Q4 2020 Earnings Conference Call March 20, 2020 9:00 AM ET Â Company Participants Philippe Deschênes - Investor Relations José Boisjoli - President and Chief Executive Officer Sébastien Martel - Chief Financial Officer Conference Call Participants Steve Arthur - RBC Capital Markets Mark Petrie - CIBC Benoit Poirier - Desjardins Capital Markets Marc Torrente - Wells Fargo Securities Robin Farley - UBS Craig Kennison - Baird Gerrick Johnson - BMO Capital Markets Brandon Rollé - Northcoa ...