BRP ( (TSE:DOO) ) just unveiled an update.
BRP Inc. announced its financial results for the fourth quarter and fiscal year 2025, reporting a 19.7% decrease in quarterly revenues to $2,097.6 million due to softer demand and efforts to reduce network inventory. The company experienced a net loss of $44.5 million, a significant decline from the previous year, and a 21% drop in North American retail sales. Despite these challenges, BRP increased its quarterly dividend and deployed $277.0 million in share repurchases and dividend payments. The company also noted a 13% reduction in North American network inventory, excluding snowmobiles. Looking ahead, BRP has deferred its fiscal 2026 guidance due to global tariff disputes and economic uncertainties affecting consumer demand. The company remains optimistic about its long-term strategy to focus on powersports and innovation to maintain industry leadership.
More about BRP
BRP Inc. operates in the powersports industry, focusing on the design, development, manufacturing, and distribution of recreational vehicles and propulsion systems. The company is known for its innovative products, including snowmobiles, watercraft, and off-road vehicles, and has a strong market presence in North America.
YTD Price Performance: -29.13%
Average Trading Volume: 181,308
Technical Sentiment Signal: Buy
Current Market Cap: $2.6B
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