Overview

• Net income rose to $161 million, or 79 cents per diluted share, for the quarter ended July 31 from $42 million, or 55 cents, a year earlier, as revenue edged up to $1.89 billion from $1.81 billion.
• Normalized earnings per share declined to 92 cents from $1.02, highlighting a divergence between GAAP and adjusted results.
• BRP issued full-year guidance calling for revenue of $8.2 billion to $8.3 billion and normalized EPS of $4.25 to $4.75.
• The company says tariff costs remain manageable but are damping consumer demand, and it increased U.S. shipments in advance of tariff changes.
• Outgoing CEO José Boisjoli expects a solid second half supported by a broad product lineup, leaner inventory, and a solid dealer network, noting new launches this month including an electric ATV and a new side-by-side.