BRP Inc. Reports Improved Financial Performance for Q1 2025

BRP ( (TSE:DOO) ) has provided an announcement.

BRP Inc. has released its unaudited condensed consolidated interim financial statements for the three-month period ending April 30, 2025. The company reported revenues of $1,846.9 million, a decrease from $1,999.9 million in the same period last year. Despite the decline in revenues, BRP Inc. achieved a net income of $150.1 million, a significant improvement compared to a net loss of $7.4 million in the previous year. This turnaround was driven by a favorable foreign exchange gain on long-term debt and effective cost management, which resulted in a gross profit of $394.8 million. The financial results indicate a positive shift in BRP’s operational efficiency and financial health, potentially strengthening its position in the recreational vehicle market.

The most recent analyst rating on (TSE:DOO) stock is a Hold with a C$92.00 price target. To see the full list of analyst forecasts on BRP stock, see the TSE:DOO Stock Forecast page.

Spark’s Take on TSE:DOO Stock

According to Spark, TipRanks’ AI Analyst, TSE:DOO is a Neutral.

BRP’s stock is rated 52, reflecting financial challenges with declining revenue and high debt. The earnings call provided some optimism with strategic inventory management and market leadership. However, the valuation is weak due to negative earnings, and technical indicators suggest caution, contributing to a moderate overall score.

To see Spark’s full report on TSE:DOO stock, click here.

More about BRP

BRP Inc. operates in the recreational vehicle industry, specializing in the design, development, manufacturing, and distribution of powersports vehicles, propulsion systems, and boats. The company is known for its innovation in the market, offering a wide range of products including snowmobiles, watercraft, and off-road vehicles, catering to a global customer base.

Average Trading Volume: 197,043

Technical Sentiment Signal: Sell

Current Market Cap: C$3.69B

See more data about DOO stock on TipRanks’ Stock Analysis page.