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BRP Swings to Normalized Net Loss in Fiscal Q2 2027; CFO to Retire

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BRP (DOO.TO) reported fiscal Q2 2027 normalized net loss of C$13.0 million, or a loss of C$0.18 per share, swinging from an income of C$66.9 million, or C$0.92 per share.

Analysts polled by FactSet expected a loss of C$0.67.

Revenue was C$2.24 billion, up from C$1.89 billion.

Analysts expected C$2.01 billion.

The company increased its full-year 2027 revenue guidance to C$9.23 billion to C$9.48 billion, and normalized earnings per share guidance to C$4.00 to C$4.50.

BRP's board declared a quarterly dividend of C$0.25 per share, to be paid on Oct. 13 to shareholders of record at the close of business on Sept. 29.

BRP CFO Sebastien Martel will retire and Minh Thanh Tran will be named CFO, effective Oct. 1. Martel will become executive advisor to the CEO until his retirement in April 2027.

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