Financial Performance - Revenues increased by 14% to CA$2,250 million in FY26 Q3 compared to CA$1,974 million in FY25 Q3[13] - Normalized diluted earnings per share increased by 33% to CA$1.59 in FY26 Q3 from CA$1.20 in FY25 Q3[13] - Free cash flow generation increased by 268% to CA$320 million[16] - The company raised full-year Normalized Diluted EPS guidance from "$4.25 to $4.75" to approximately "$5.00"[15] Retail Sales and Market Trends - North American Powersports retail sales declined by 4%[16] - North American network inventory decreased by 17%[16] - Year-Round Products revenues increased by 22%[33] - Seasonal Products revenues decreased by 2%[42] Market Share and Product Performance - Can-Am SSV gained over 4 percentage points of market share in the Utility segment[37] - Can-Am ATV gained over 11 percentage points of market share in current units[37] - Sea-Doo PWC ended the North American 2025 season as the 1 market leader[46]

Core Points - BRP Inc. will hold its third quarter FY26 financial results conference call on December 4, 2025, at 9 am (ET) [1] - The press release regarding the financial results will be distributed on December 4 at approximately 6 am (ET) [2] - Business media can join the call but will not be allowed to ask questions; an archived recording will be available for 30 days after the event [3] 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 and operates in over 130 countries, employing approximately 16,500 people as of January 31, 2025 [4] - BRP's product portfolio includes brands such as Ski-Doo, Lynx, Sea-Doo, Can-Am, Quintrex, and Rotax, and the company is committed to developing electric models for its existing product lines [4]

Core Points - Polaris Inc. has donated over $135,000 to off-road vehicles (ORV), all-terrain vehicles (ATV), and snowmobile riding clubs and organizations in the U.S. and Canada as part of its TRAILS GRANTS program in 2025, bringing the total donations since the program's inception to nearly $4 million [1][5]. - The TRAILS GRANTS program, which has been active for nearly two decades, supports nonprofit organizations and local riding clubs in trail development, maintenance, and safety education initiatives [2][3]. - In 2025, Polaris awarded 13 organizations Spring TRAILS GRANTS, contributing to a total of more than $255,000 in donations for the year [3]. Summary by Categories Donations and Impact - Polaris has contributed nearly $4 million to over 440 ATV, off-road, and snowmobiling organizations since the start of the TRAILS GRANTS program in 2006 [5]. - The recent donation of over $135,000 is aimed at supporting safe and responsible riding, trail preservation, and environmental protection [1][5]. Program Details - The TRAILS GRANTS are awarded twice annually and are utilized for trail development, maintenance projects, and safety education initiatives [2][3]. - The program emphasizes the importance of local riding clubs and organizations, which play a crucial role in maintaining trails and promoting safe riding practices [3]. Specific Projects Funded - The funding supports various projects, including sustainable creek crossings, avalanche safety education, and trail maintenance [4][10]. - Notable recipients include organizations focused on youth safety training, environmental stewardship, and multi-use trail access [4][10].

Core Insights - Bosuer's showcase at EICMA 2025 highlights a significant shift towards a comprehensive ecosystem of electric off-road vehicles, establishing the company as a key player in the global powersports market [1][2][8] Product Lineup - The AEROWOLF electric ATV serves as the flagship model, redefining the electric ATV segment with engineering excellence [3] - The E72 electric dirt bike sets new performance benchmarks, generating 17KW peak power and 500Nm rear-wheel torque, achieving a top speed of 105 km/h [4] - The E60 electric dirt bike excels in technical terrain mastery, completing Bosuer's high-performance lineup [6] Technological Innovations - The AEROWOLF features a high-torque DC brushless motor with 10.8KW peak power and 56Nm instant torque, enabling a top speed of 70 km/h and a range of 120 km with a 72V 50AH lithium-ion battery [5] - Advanced FOC sinewave controllers across all models ensure smooth power delivery and optimal efficiency, while high-voltage battery platforms balance performance and range [9][10] Strategic Vision - Bosuer aims to lead the electric transition in the powersports industry, with a focus on zero-emission technology and a scalable product ecosystem [8] - The company has a strong commitment to quality and innovation, backed by 22 years of industry experience and an annual production capacity of 120,000 vehicles [14]

Core Insights - RideNow Group, Inc. reported a revenue of $281.0 million for Q3 2025, a decrease of 4.7% compared to $295.0 million in Q3 2024 [3] - The company achieved a gross profit of $76.0 million, reflecting a year-over-year increase of 2.3% from $74.3 million [3] - The net loss improved significantly to $4.1 million, a 63.4% reduction from a loss of $11.2 million in the same quarter last year [3][5] Financial Performance - Revenue for the nine months ended September 30, 2025, was $825.6 million, down from $939.6 million in 2024 [14] - Adjusted EBITDA rose to $12.3 million, an increase of 80.9% from $6.8 million in Q3 2024 [3][5] - Operating income for Q3 2025 was $9.4 million, up 77.4% from $5.3 million in Q3 2024 [3] Segment Analysis - In the Powersports segment, total retail unit sales increased by 2.2% to 14,605 units, with new unit sales up 1.7% and pre-owned unit sales up 3.3% [4] - The Vehicle Transportation Services segment saw a drastic decline, with vehicles transported dropping by 94.0% to 1,460 units, and revenue plummeting 93.4% to $1.0 million [7] Cost Management - Selling, General & Administrative (SG&A) expenses decreased by 2.3% to $64.4 million, while adjusted SG&A fell by 4.4% to $61.5 million [3][5] - The company reported a gross profit margin improvement in the Powersports segment, with gross profit up 6.9% [5][6] Balance Sheet and Liquidity - As of September 30, 2025, the company had $51.8 million in total cash and $184.9 million in non-vehicle net debt [8] - Total available liquidity was reported at $182.9 million, combining cash and availability under credit facilities [8] Future Outlook - The company’s management expressed optimism about continued performance improvement and value creation for shareholders, driven by its "back to our roots" strategy [2]

Core Insights - Can-Am has expanded its partnership with MeatEater, becoming the exclusive powersports partner in the Official MeatEater Partnership Program, emphasizing shared values in ethical hunting and outdoor adventure [1][2][3] Partnership Details - The partnership will feature Can-Am products in various MeatEater media, including the "MeatEater" television series, podcasts, and social media [2][3] - Can-Am will provide all-terrain vehicles (ATVs) and side-by-sides (SSVs) to MeatEater's team, enhancing their outdoor activities [2][3] Brand Commitment - Can-Am aims to promote responsible outdoor exploration and conservation through this partnership, aligning with MeatEater's mission to inspire outdoor experiences [3][7] - The collaboration is expected to engage a new generation of outdoor enthusiasts, focusing on ethical hunting and protecting outdoor access [3][7] Company Background - BRP Inc., the parent company of Can-Am, is a leader in powersports products with annual sales of CA$7.8 billion and a workforce of approximately 16,500 as of January 31, 2025 [4] - MeatEater, founded by Steven Rinella, is a prominent outdoor lifestyle media company known for its commitment to conservation and outdoor adventure [7]

Core Insights - Polaris Inc. reported its third quarter 2025 financial results, which are available on the Company's Investor Relations website and will be furnished to the SEC [1] - The Company will hold a conference call with analysts and investors to discuss the results [2] - Polaris is recognized as a global leader in powersports, offering a diverse range of products and services since its founding in 1954 [2] Financial Results - The third quarter financial results were released through an earnings release posted on the Company's Investor Relations website [1] - The earnings release will be submitted to the Securities and Exchange Commission on a Form 8-K [1] Conference Call Details - The conference call and webcast can be accessed via the Webcast link on the Company's website or by dialing specific numbers for U.S. and international participants [2] - Related presentation materials and a replay of the webcast will be available on the Company's website [2] Company Overview - Polaris Inc. is a pioneer in product breakthroughs in the powersports industry, with a product lineup that includes various off-road vehicles, motorcycles, and boats [2] - The Company serves nearly 100 countries globally and enhances the riding experience with a robust portfolio of parts, garments, and accessories [2] Strategic Moves - Polaris announced its decision to separate Indian Motorcycle into a standalone company and will sell a majority stake to Carolwood LP [4]

Core Insights - The 2026 Ski-Doo Summit X model with Expert Package has been awarded Snowmobile of the Year by Snow Goer magazine, highlighting its innovation and performance in the snowmobiling industry [1][2]. Product Features - The Summit X with Expert Package offers enhanced stability and ease of handling, allowing for less demanding rides and enabling hardcore mountain riders to push their limits further [2]. - It is built on the REV Gen5 platform and features Rotax 850 E-TEC engines, providing superior handling and performance with a 32-inch wide front suspension and advanced steering systems [2]. - The design improvements facilitate easier deep snow carving and better steering control, enhancing the overall riding experience [2]. Company Background - BRP Inc. is a global leader in powersports products, with a history of over 80 years and annual sales of CA$7.8 billion as of January 31, 2025 [4]. - The company is committed to innovation and responsible growth, including the development of electric models for its product lines [4].

ANALYST & INVESTOR DAY 2025 OCTOBER 08-09 VALCOURT | CANADA Analyst and Investor Day Valcourt, Québec | October 09, 2025 Forward-Looking Statements Caution concerning forward-looking statements Certain statements in this presentation, including, but not limited to, statements relating to the Company's Fiscal Year 2026 Guidance and related assumptions (including without limitation Revenues, Normalized EBITDA, Normalized Earnings per Share – Diluted, Net Income, Depreciation Expenses Adjusted, Net Financing C ...

Core Insights - Massimo Group has launched the 2026 MVR Series, which includes the MVR HVAC Golf Cart and MVR Cargo Max Electric Utility Cart, featuring integrated heating and air conditioning for enhanced comfort and utility [1][2][6]. Product Features - The MVR Series offers a fully enclosed cabin that protects users from extreme weather, improving safety and productivity compared to traditional open-air carts [3]. - The integrated HVAC system operates on a 48V electrical platform, providing cooling capacity of up to 2,600W and heating at 1,000W, with adjustable settings via onboard controls or remote operation [4][8]. - Key specifications include a 5kW AC electric motor, a range of up to 45 miles per charge, a top speed of 25 mph, and a full recharge time of 6 hours [8]. Market Opportunities - The MVR Series is positioned to serve various sectors, including municipalities, universities, resorts, and enterprises, by offering efficient, year-round mobility solutions [6]. - The MVR HVAC Golf Cart aims to extend the golf season and enhance comfort for recreational users, while the MVR Cargo Max is designed for maintenance crews, construction sites, and security patrols [6]. Company Overview - Massimo Group, headquartered in Texas, specializes in manufacturing and distributing powersports products, including UTVs, ATVs, and mini bikes, focusing on high-performance and reliable vehicles for consumers across the United States [7].