BRP Sees Lower FY25 Revenue Excluding Marine Unit, Softer Demand Drags 3Q

BRP Sees Lower FY25 Revenue Excluding Marine Unit, Softer Demand Drags 3Q

BRP has revised its revenue forecast downward but increased adjusted earnings outlook, excluding its marine unit. Soft consumer conditions impacted the third quarter results. The company plans to sell most of its marine businesses and focus on powersports products. CEO Boisjoli emphasized inventory reduction amid challenging market conditions.

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