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Can-Am Launches New Generation Traxter Side-by-Side, Engineered to Outperform
Prnewswire· 2025-08-18 07:00
Core Insights - The 2026 Can-Am Traxter model represents a significant upgrade in the utility and recreational side-by-side market, enhancing its reputation for versatility and reliability [1][2] Powertrain - The new Traxter features an HD11 999cc inline three-cylinder Rotax ACE engine, delivering 95 horsepower and 70 lb-ft of torque, paired with a continuously variable transmission (CVT) for improved power delivery and reliability [3] - It includes three selectable drive modes: Normal, Work, and Sport, optimizing performance for various tasks [3] Performance Enhancements - An updated intake system and cooling system improve engine performance and temperature management [4] - The Traxter boasts best-in-class payload, towing, and cargo capacity, now equipped with a larger 45 L fuel tank for extended use [5] Suspension and Chassis - The 2026 Traxter features new suspension geometry with a 165 cm design and 50% larger arched double A-arms, enhancing stability and handling [6] - It offers 30.5 cm of front and rear suspension travel and 35.6 cm of ground clearance, both considered best in class [6] Braking System - The vehicle is equipped with larger 262 mm front brake rotors and 32 mm hydraulic twin piston calipers, providing enhanced stopping power under heavy loads [7] Workability and Rider Experience - The Traxter offers the largest cab in its class with 8% more legroom than competitors, along with adjustable steering for improved comfort [8] - Over 200 accessories are available for customization, including a new charging system that produces 1700 Watts, doubling the previous generation's output [9][10] Maintenance and Service - The design allows for convenient access to service points, featuring long service intervals and low maintenance costs, minimizing downtime [11] Vehicle Lineup - The 2026 Traxter HD11 is available in two configurations: Traxter XU HD11 and Traxter MAX XU HD11, both equipped with ABS [12] Company Overview - BRP Inc. 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 [13]
Can-Am Launches New Generation Defender Side-by-Side, Engineered to Outperform
Prnewswire· 2025-08-18 00:00
Core Insights - The 2026 Can-Am Defender model represents a significant upgrade in the utility and recreational side-by-side market, enhancing its reputation for versatility and reliability [1][2] Powertrain - The new Defender features an HD11 999cc inline three-cylinder Rotax ACE engine, delivering 95 horsepower and 70 lb-ft of torque, paired with a continuously variable transmission (CVT) for improved performance [3] - It includes three selectable drive modes: Normal, Work, and Sport, optimizing performance for various tasks [3] Performance Enhancements - An updated intake system and cooling system improve engine performance and HVAC efficiency [4] - The Defender now has a larger 11.9-gallon fuel tank, extending operational time [5] Suspension and Chassis - The 2026 Defender boasts new suspension geometry with a 65-inch-wide design and 50% larger arched double A-arms, enhancing stability and handling [6] - It features 12 inches of front and rear suspension travel and 15 inches of ground clearance, both best in class [6] Braking System - The vehicle is equipped with larger 262mm front brake rotors and 32mm hydraulic twin piston calipers, providing enhanced stopping power [7] Workability and Rider Experience - The Defender offers the largest cab in its class with 8% more legroom than competitors, along with adjustable steering for improved comfort [8] - An updated HVAC system enhances climate control, and noise reduction features improve passenger communication [9][10] Technology and Customization - A new 10.25'' Touchscreen Display includes features like a back-up camera, built-in GPS, and Wi-Fi connectivity for over-the-air updates [11] - The new charging system produces 1700 Watts, doubling the output of the previous generation, allowing for extensive customization with over 200 accessories [12] Safety Features - New LED headlights provide 45% more output for better visibility in low-light conditions [13] - The design includes convenient access to service points, promoting lower maintenance costs and longer service intervals [14] Vehicle Lineup - The 2026 Defender HD11 is available in six configurations, including standard and MAX variations, with the return of HD7, HD9, and HD10 models [15] Company Overview - BRP Inc. 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 [16]
BRP Expands its Global Electric Powersports Offering with Launch of All-New 2026 Can-Am Outlander Electric
Prnewswire· 2025-08-18 00:00
BRP's electric lineup now includes the Can-Am Pulse and Origin motorcycles, four Ski-Doo and Lynx electric snowmobiles, the Rotax E10 racing powerpack for karts, and the Can-Am Outlander Electric, each designed to meet the needs of specific riders and applications. "At BRP, our approach to electrification is intentional and strategic – we electrify where it makes business sense and adds real value to customers," said José Boisjoli, President and CEO of BRP. "The Outlander Electric is a powerful, quiet, and ...
BRP Donates $500,000 of Lynx Apparel to the Healthy Horizons Foundation in Support of Northern Communities
Prnewswire· 2025-08-15 13:00
Core Insights - BRP Inc. has donated over CAD $500,000 worth of Lynx apparel to support seven Northern Communities in partnership with the Healthy Horizons Foundation [1][2] - The donation is part of BRP's Ride Out Intimidation program, which aims to improve the health and well-being of youth in these communities [1][2] - The Healthy Horizons Foundation has coordinated the distribution of the donated apparel, benefiting over one thousand individuals in small northern communities [3][4] Company Initiatives - BRP and the Healthy Horizons Foundation launched the Northy Club afterschool program in October 2024, aimed at empowering students in Northern Indigenous communities [2][5] - The Northy Club focuses on education, personal growth, and healthy lifestyles while promoting anti-bullying and intimidation prevention [5] - The program will continue in the fall of 2025 and is set to expand based on community needs [5] Organizational Background - The Healthy Horizons Foundation is dedicated to advancing the health and well-being of youth in northern and remote communities, investing in high-impact programs since its establishment in 2015 [6] - 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 [8]
Winnebago Industries Board of Directors Approves Quarterly Cash Dividend Increase
GlobeNewswire News Room· 2025-08-14 20:30
Core Viewpoint - Winnebago Industries, Inc. announced a quarterly cash dividend of $0.35 per share, reflecting a 3% increase from the previous quarter, demonstrating the company's commitment to shareholder value and long-term growth [1][2]. Company Overview - Winnebago Industries is a leading manufacturer of premium outdoor recreation products, focusing on purposeful innovation and exceptional customer experiences [3]. - The company offers a diverse portfolio of high-quality RV and marine recreation products under various brands, including Grand Design RV, Newmar, Winnebago, Baretta, and Chris-Craft, as well as advanced lithium power solutions under the Lithionics brand [3]. - Winnebago operates across multiple facilities located in Indiana, Iowa, Minnesota, and Florida, and is publicly traded on the New York Stock Exchange under the symbol WGO [3]. Dividend Policy - The company has a track record of over 11 years of uninterrupted quarterly dividend payments, reflecting its disciplined long-term capital allocation approach [2]. - The recent dividend declaration of $0.35 per share is payable on September 24, 2025, to stockholders of record as of September 10, 2025 [1].
LAZYDAYS REPORTS SECOND QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-08-14 11:00
*Refer to the reconciliation of net income to Adjusted EBITDA under "Reconciliation of Non-GAAP Measures" in this press release. TAMPA, Fla., Aug. 14, 2025 /PRNewswire/ -- Lazydays Holdings, Inc. (NasdaqCM: GORV) ("Lazydays," the "Company" or "we") today reports financial results for the second quarter ended June 30, 2025. Ron Fleming, CEO, said, "We continued to advance our turnaround plan in the second quarter of 2025. Our focus on operational performance resulted in increases in gross profit margins acro ...
Camping World (CWH) 2025 Conference Transcript
2025-08-12 19:55
Summary of Camping World (CWH) 2025 Conference Call Company Overview - **Company**: Camping World (CWH) - **Event**: 2025 JPMorgan Automotive Conference - **Date**: August 12, 2025 Key Industry Insights - **Market Share Gains**: Camping World reported over 20% year-over-year growth in both new and used RV units, despite the overall new RV market being down by double digits [3][4][13] - **Sales Strategy**: The company attributes its performance to a contract manufacturing strategy and a focus on entry-level products, rather than heavy discounting [4][5][6] - **Consumer Behavior**: The company is targeting first-time buyers and existing RV owners, emphasizing the importance of monthly payments in consumer decision-making [6][9][10] Financial Performance - **Average Selling Price (ASP)**: The ASP for new RVs was down 10.4% in Q2, but there are signs of recovery with expectations of high single-digit declines for the full year [19][23][34] - **SG&A Improvement**: The company aims for a 600 to 700 basis point improvement in SG&A as a percentage of gross profit, with current expectations adjusted to 300 to 400 basis points due to lower ASPs [23][24][25] - **Headcount Reduction**: The company has reduced its workforce by about 1,000 employees and consolidated 16 locations to improve productivity [25][28][29] Market Outlook - **2026 Projections**: The company anticipates a flat industry performance in 2026, with expectations to continue gaining market share, particularly in the used RV segment [34][35] - **New RV Pricing**: Expected price increases for new RVs in the range of 3% to 6% for model year 2026, influenced by tariffs and market conditions [36][39] - **Interest Rates Impact**: Interest rates are a significant factor affecting consumer purchasing decisions, with RV loans typically having longer durations than light vehicle loans [44][47][49] Competitive Landscape - **Competitor Health**: Competitors are described as "frozen" or "paralyzed" in terms of inventory procurement, which Camping World views as an opportunity to capitalize on market share [66][67][70] - **Acquisition Strategy**: The company has a history of acquiring distressed assets and is looking to continue this strategy while ensuring existing stores perform better [72][79] Capital Allocation - **Debt Management**: The company aims to reduce leverage to 3.9 or below within the next 24 months, focusing on cash generation and debt paydown [74][78] - **Growth Strategy**: Future growth is expected to come from used RV sales, ASP growth, and innovations in the Good Sam business [83][84] Additional Insights - **Good Sam Business**: This segment is crucial for the company's earnings, providing a stable revenue stream through services like roadside assistance and warranties [55][58] - **Market Dynamics**: The installed base of RVs is growing, and the company believes that the trade cycle for RVs has lengthened, which could lead to increased demand as consumers begin to trade in older units [10][41][42] This summary encapsulates the key points discussed during the Camping World conference call, highlighting the company's strategies, market conditions, and financial outlook.
BRP Will Present its Second Quarter Fiscal Year 2026 Results
Prnewswire· 2025-08-08 13:00
Company Overview - BRP Inc. is a global leader in powersports products, propulsion systems, and boats, with over 80 years of experience [4] - The company reported annual sales of CA$7.8 billion from over 130 countries and employs approximately 16,500 people as of January 31, 2025 [4] Upcoming Financial Results - BRP Inc. will hold its second quarter FY26 financial results conference call on August 29, 2025, at 9 am (EDT) [1] - The press release for the financial results will be distributed on Canadian and American newswires at approximately 6 a.m. (EDT) on the same day [2] Conference Call Details - Analysts can join the conference call via a toll-free number in North America, with an event code provided for access [2] - Business media are allowed to join the call but will not be permitted to ask questions [3] - A live webcast will be available, and an archived recording will be accessible for 30 days after the event [3]
Massimo Group (NASDAQ: MAMO) Strengthens Global Supply Chain With Vietnam Manufacturing Partnership; Golf Cart Deliveries to U.S. Imminent
Prnewswire· 2025-08-07 12:30
Massimo Group is a manufacturer and distributor of manufacturers of powersports products. Headquartered in Texas, the company offers a full lineup of UTVs, ATVs, and mini bikes built for outdoor adventure. Massimo Group is dedicated to providing high-performance, reliable, and affordable vehicles for consumers across the United States. GARLAND, Texas, Aug. 7, 2025 /PRNewswire/ -- Massimo Group (the "Company" or "Massimo Group") (NASDAQ: MAMO) today announced that in addition to manufacturing its golf carts ...
Patrick Industries: Outperformance Continues, But Don't Get Too Comfortable
Seeking Alpha· 2025-08-05 18:59
Group 1 - The company Patrick Industries, Inc. (PATK) is consistently viewed positively due to its production and sale of components for recreational vehicles, marine products, and the housing industry [1] - The focus of the investment service Crude Value Insights is on cash flow and companies that generate it, highlighting value and growth prospects [1] Group 2 - Subscribers to the investment service have access to a stock model account with over 50 stocks, in-depth cash flow analyses of exploration and production firms, and live chat discussions about the sector [2]