Ski-Doo And Lynx Snowmobiles Maker BRP Slashes FY25 Outlook As Sales Plunge Across All Product Lines: Details

BRP Inc. (NASDAQ:DOOO) shares are trading lower in Friday’s premarket session after the company reported second-quarter results and revised its FY25 guidance downward.

The company reported second-quarter adjusted EPS of C$0.61, a decrease of C$2.60 per share from the year-ago quarter. In USD, adjusted EPS was $0.45 above the consensus of $0.33.

BRP reported quarterly revenues decrease of 33.7% year-over-year to C$1.841 billion. In USD, revenues of $1.34 billion missed the street view of $1.39 billion.

The revenue decline was primarily due to lower sales volume across all product lines as the company focused on reducing inventory levels and increasing sales programs to boost demand.

Year-Round Products (54% of revenues): Revenues ...