Overview

* BRP fiscal Q2 revenue grows 4.3%, beating analyst expectations, per LSEG data

* Adjusted EPS for fiscal Q2 beats consensus, reaching CAD 0.92, per LSEG data

* Normalized EBITDA declines 9.2% due to higher operating expenses

Outlook

* BRP sees FY26 total company revenue between C$8.15 bln and C$8.3 bln

* Company expects FY26 normalized EPS between C$4.25 and C$4.75

* Company projects FY26 capital expenditures at ~C$420 mln

Result Drivers

* YEAR-ROUND PRODUCTS - Revenue increased due to higher unit sales and favorable pricing, contributing to a 13.1% rise in Year-Round Products revenue

* SEASONAL PRODUCTS DECLINE - Revenue from Seasonal Products fell 13.3% due to lower PWC sales and increased sales programs in Snowmobile

* PA&A GROWTH - Revenue from PA&A and OEM Engines rose 7.2% driven by higher sales volume and favorable pricing

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat C$1.89 C$1.78

Revenue bln bln (13

Analysts

)

Q2 Beat C$0.92 C$0.48

Adjusted (14

EPS Analysts

)

Q2 EPS C$0.79

Q2 C$66.90

Adjusted mln

Net

Income

Q2 Net C$57.10

Income mln

Q2 C$213.20

Adjusted mln

EBITDA

Q2 Gross C$397.70

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the recreational products peer group is "buy"

* Wall Street's median 12-month price target for BRP Inc ( DOOO ) is C$70.00, about 12.9% below its August 28 closing price of C$79.00

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)