11:59 AM EDT, 08/29/2025 (MT Newswires) -- (Updates shares)

BRP (DOO.TO, DOOO) on Friday reported a drop in second-quarter normalized net income despite higher revenue due to higher sales of off road vehicles and parts, accessories and apparel.

Normalized net income, excluding most one-time items, was $66.9 million, or $0.92 per share, down from $76.5 million, or $1.02, in the year-prior quarter.

Revenue came in at $1.89 billion, rising from $1.81 billion. Normalized EBITDA was $213.2 million, down from $234.9 million.

The recreational-vehicle company released fiscal year 2026 guidance, expecting total revenues at a range of $8.15 billion to $8.30 billion. Normalized earnings per share is forecast at a range of $4.25 to $4.75. BRP projects normalized EBITDA to be between $1,04 billion and $1.09 billion.

BRP's board declared a quarterly dividend of $0.215 per share for holders of its multiple voting shares and subordinate voting shares. The dividend will paid Oct. 14 to shareholders of record at the close of business on Sept. 30.

The company's shares were last seen up $8.45 to $87.45 on the Toronto Stock Exchange.

Price: 87.50, Change: +8.50, Percent Change: +10.76