tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BRP Inc. reports Q2 normalized EPS C$0.61 vs. C$3.21 last year

Reports Q2 revenue C$1.84B vs. C$2.78B last year. “Our results were in line with expectations and reflect our ongoing focus on reducing network inventory to maintain our dealer value proposition. We have made great strides on that front, but the retail environment is more challenging with the economic context pressuring consumer demand. As such, our priority is to continue to proactively manage production and inventory levels, which leads us to revise our year-end guidance,” said Jose Boisjoli, President and CEO of BRP.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1