Brp Inc ( (DOOO) ) has released its Q2 earnings. Here is a breakdown of the information Brp Inc presented to its investors.
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BRP Inc., a global leader in powersports products and propulsion systems, is renowned for its innovative offerings in the recreational vehicle industry, including brands like Ski-Doo, Sea-Doo, and Can-Am. The company recently reported its second-quarter results for fiscal year 2026, showcasing a mixed financial performance with notable product innovations.
BRP’s revenues for the quarter reached $1,888.2 million, marking a 4.3% increase from the previous year, while net income rose by 36% to $57.1 million. However, the company experienced a 9.2% decrease in normalized EBITDA, reflecting increased operating expenses. Despite a decline in North American retail sales by 11%, BRP’s strategic product launches, including the Can-Am Defender SSV and the Can-Am Outlander Electric ATV, highlight its commitment to innovation.
The company’s year-round products saw a revenue increase of 13.1%, driven by higher unit sales and favorable pricing, while seasonal products faced a 13.3% revenue decline due to lower sales volumes. BRP’s PA&A and OEM Engines segment reported a 7.2% increase in revenues. Despite challenges, BRP’s strategic focus on product mix and pricing efficiencies contributed to its financial resilience.
Looking ahead, BRP remains optimistic about the second half of the fiscal year, with a projected revenue range of $8.1 to $8.3 billion and normalized diluted earnings per share between $4.25 and $4.75. The company is poised to leverage its comprehensive product portfolio and strong dealer network to capitalize on an anticipated industry rebound.