BRP Posts Q2 Net Loss of $136.8M, Raises FY27 EPS Guidance to $4.00-$4.50
DOO sits 30% above its 52-week low of $48.831.
Summary
BRP reported Q2 FY27 revenues of $2,236.8M, up 18.5% YoY, but swung to a net loss of $136.8M from a profit of $57.1M last year. Normalized EBITDA fell 34.9% to $138.8M, and normalized diluted EPS was -$0.18 versus $0.92 a year ago. Gross margin compressed to 11.7% from 21.1%, hit by Section 232 tariffs and a $74.8M supplier financial restructuring charge. Despite the weak quarter, management raised full-year normalized diluted EPS guidance to $4.00-$4.50, citing ORV market share gains and reduced net tariff costs. However, Q3 FY27 normalized diluted EPS is expected to decline 50-60% YoY due to increased tariff impact. The company also announced a planned financial leadership transition and declared a quarterly dividend of $0.25 per share.
At the time of this announcement, DOO was trading at $63.37 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $4.5B. The 52-week trading range was $48.83 to $81.89. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: PR Newswire.