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BRP Inc. CFO Martel Retires, Tran Appointed
BRP Inc. announced that Sebastien Martel will retire from his position as CFO and Minh Thanh Tran will be appointed CFO, effective October 1. At that time, Martel will assume the role of executive advisor to the CEO until his retirement in April 2027.
Company Expects Q3 Fiscal 2027 EPS to Decrease by 50% to 60%
The company said, "The Company expects Q3 Fiscal 2027 Normalized diluted earnings per share to be down approximately 50% to 60% versus the same three-month period in Fiscal 2026, mainly due to the increased tariff impact."
BRP Reports Q2 Revenue of C$2.24B, Exceeds Expectations
Reports Q2 revenue C$2.24B, consensus C$2.01B. "Our second-quarter financial results exceeded expectations, reflecting disciplined execution and increased ORV shipments to support sustained retail momentum. Given our strong performance in ORV leading to additional market share gains, and reduced net tariff costs, we are raising our full-year guidance," said Denis Le Vot, president and CEO of BRP.
BRP Raises FY27 Revenue Outlook to C$9.23B
Consensus C$3.29. Raises FY27 revenue view to C$9.23B-C$9.48B from C$9.13B-C$9.38B, consensus C$9.26B. Raises FY27 normalized EBITDA view to C$1.03B-C$1.08B from C$925M-C$975M. "Looking ahead, we remain focused on navigating through the volatile geopolitical and trade environment and advancing our long-term growth prospects. Our recent Club BRP dealer event allowed us to showcase innovative initiatives that strengthen our competitive position, including a commitment to releasing major off-road product news every six months for the next four years. This will be instrumental in achieving our goal of making Can-Am the number one ORV brand in North America and being the undeniable OEM of choice for dealers and riders," concluded Le Vot.
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