BRP

BRP elected all 12 directors proposed in the information circular by majority vote at its virtual annual meeting. Pierre Beaudoin remains chair and Barbara Samardzich is lead independent director; the board includes four committees with designated chairs for audit, human resources, investments/risk, and nomination, governance and social responsibility. The company has paid dividends for ten years, reports annual revenue of CA$8.4 billion and a market capitalization of US$4.36 billion; the stock is up 63% on a 12‑month basis but down 18% year‑to‑date and is trading at a P/E ratio of 17.87. » More on de.investing.com

BRP reports for Q1 2027 an EPS of 1.83 CAD (expectation 0.82 CAD) and revenue of 2.4 billion CAD, roughly 30% year‑over‑year growth. The stock rose 8.98% in premarket trading to 63.24 CAD. Growth was driven by strong sales in the ORV and ATV segments and measures to mitigate tariffs. For 2027 BRP adjusts its guidance and expects revenue of 9.125–9.375 billion CAD and normalized EBITDA of 925–975 million CAD, but anticipates gross tariff burdens of 500–550 million CAD. » More on de.investing.com

BRP suspended guidance for fiscal year 2027 and its shares fell about 20% after the U.S. changed tariffs under Section 232. A new 25% tariff now applies to the total value of imported snowmobiles and many off‑road vehicle models, instead of the previous 50% applied only to the metal content. BRP estimates additional costs of more than USD 500 million for the current year before potential countermeasures take effect. CEO Denis Le Vot called the tariff environment volatile but pointed to a solid balance sheet and expects to manage the challenge. » More on de.investing.com