BRP (TSE:DOO)
TSX:DOO
Earnings Data
Report Date
May 28, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
1.23Last Year’s EPS
0.47Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong financial and operational progress: double‑digit revenue growth, significant margin expansion, robust free cash flow, reduced network inventory, market share gains in ORV, and a raised full‑year guidance. Management also took proactive balance sheet and capital allocation actions (debt repayment, refinancing, NCIB). Offsetting these positives are regional softness (notably Asia Pacific), continued promotional pressure and noncurrent inventory in the snowmobile market, tariff/FX headwinds, below‑average plant utilization and some one‑time transitions for FY'27. Overall, the positives (financial outperformance, guidance upgrade, inventory discipline and product momentum) materially outweigh the challenges, supporting a constructive near‑to‑medium term outlook.Company Guidance
Quarterly Revenue Growth
Revenues increased 14% year-over-year to $2.3 billion in Q3, driven primarily by stronger ORV shipments and higher year‑round product sales.
Margin and Profitability Expansion
Gross profit reached $541 million with a gross margin of 24.1%, up 210 basis points year-over-year; normalized EBITDA grew 21% to $326 million and normalized EPS rose 33% to $1.59.
Free Cash Flow and Balance Sheet Strength
Free cash flow from continuing operations was $320 million in the quarter (YTD ~ $650M) and the company closed Q3 with $250 million cash; repaid ~USD 200 million debt and extended/ repriced facilities to lower financing costs (~$10M savings in FY'26 and ~$30M annually thereafter).
Raised Full‑Year Guidance
Management increased fiscal '26 guidance to approximately $8.3 billion in revenue, $1.1 billion of normalized EBITDA and ~ $5 of normalized EPS (up from prior guidance).
Strong ORV Product Momentum and Market Share Gains
Gained market share in ORV (side-by-side and ETV); side-by-side retail up high single digits and the company delivered its strongest Q3 ever at retail for side-by-side. Current‑unit market share: +4 points in utility and double-digit point gains in ETV current units.
Year‑Round Products and P&A Growth
Year‑round product revenue rose 22% to $1.3 billion; parts, accessories & apparel (and OEM engine) revenue increased 18% to $379 million, indicating stronger aftermarket activity as consumers ride products.
Inventory Discipline and Dealer Readiness
Network inventory down 17% versus prior year and 6% below pre‑COVID levels; ORV network inventory down 8% YoY and SSV inventory declined sequentially, positioning dealers to accept new models.
Capital Allocation Actions
Renewed NCIB to repurchase up to 3.1 million shares and signaled intent to be active; closed sale of Manitou and Telwater sale pending regulatory approval (expected proceeds ~USD 200M).
Market Leadership Positions Maintained
Remained #1 in North America for personal watercraft and #1 in 3-wheel vehicles with >50% market share for Spyder.
Strategic Targets and Confidence in Growth
Reaffirmed M28 strategic plan with targets of $9.5 billion revenue and $8 normalized EPS by end of fiscal '28 and guidance for double‑digit normalized EPS growth in fiscal '27–'28 given product introductions and inventory positioning.
TSE:DOO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:DOO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | C$89.53 | C$93.08 | +3.97% |
Dec 04, 2025 | C$98.65 | C$105.03 | +6.47% |
Aug 29, 2025 | C$78.80 | C$86.21 | +9.41% |
May 29, 2025 | C$49.41 | C$55.68 | +12.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BRP (TSE:DOO) report earnings?
BRP (TSE:DOO) is schdueled to report earning on May 28, 2026, Before Open (Confirmed).
What is BRP (TSE:DOO) earnings time?
BRP (TSE:DOO) earnings time is at May 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:DOO EPS forecast?
TSE:DOO EPS forecast for the fiscal quarter 2027 (Q1) is 1.23.