VALCOURT — BRP Inc. says it delivered better than anticipated results despite the economic environment, leaving it confident enough to issue full-year guidance.
The Ski-Doo and Sea-Doo maker says its second-quarter profit amounted to $57.1 million or 79 cents per diluted share for the quarter ended July 31.
The result compared with a profit of $42 million or 55 cents per diluted share a year earlier.
Revenue for the quarter totalled $1.89 billion compared with $1.81 billion a year prior.
On a normalized basis, BRP says it earned 92 cents per diluted share in its latest quarter compared with a normalized profit of $1.02 per diluted share a year ago.
In its full-year guidance, the company said it expects revenue between $8.2 billion and $8.3 billion, with normalized earnings per diluted share expected to come in between $4.25 and $4.75.
"In the short term, we anticipate a solid second half of the year, as reflected in the FY26 guidance we have issued. Looking ahead, with our comprehensive product portfolio, leaner inventory position, and solid dealer network, we are the best-positioned to benefit from the industry rebound," outgoing president and chief executive José Boisjoli said in a press release on Friday.
In March, tariffs and trade uncertainty prompted BRP to defer its financial guidance for the 2026 financial year.
The company also released new products at a dealer event earlier this month, including a new electric all-terrain vehicle and a new side-by-side vehicle.
"The timing of these new introductions could not be better given our healthier inventory levels,” he said.
This report by The Canadian Press was first published Aug. 29, 2025.
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