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The Latest Breaking News from BRP Inc

Can-Am Goes to Paris to Dominate Europe's Electric Motorcycle and Three-Wheeler Market

Can-Am is opening its first European store in Paris, which will focus on selling the brand's two electric motorcycles and latest three-wheeler.

3 Athletic Stocks Investors Are Swarming

3 Athletic Stocks Investors Are Swarming

The athletic industry is well-positioned for growth this year and beyond due to robust demand amid rising health awareness. Given the industry’s solid long-term prospects, investors might consider buying quality stocks MasterCraft Boat Holdings (MCFT), Skechers U.S.A. (SKX) and BRP (DOOO). Read on.

3 Athletic Stocks Set to Outperform Nike (NKE) in October

3 Athletic Stocks Set to Outperform Nike (NKE) in October

The athletic industry is poised for growth due to strong demand and increasing health awareness. While investors are focusing on NIKE (NKE), I believe Vista Outdoor (VSTO), BRP (DOOO), and American Outdoor (AOUT) are better buys right now. Continue reading.

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3 Recreation Stocks Smart Money Is Following

The recreation industry’s growth outlook looks bright, thanks to rising demand for outdoor recreational activities as people become highly conscientious about their physical and mental well-being. Thus, it could be wise to invest in fundamentally sound recreation stocks Skechers (SKX), BRP (DOOO), and Johnson Outdoors (JOUT), which are attracting smart…

3 Recreation Stocks to Consider This Week

Despite a slight setback in the first quarter, demand for recreational and outdoor activities is improving. Moreover, given the solid prospects of the industry, I think fundamentally strong recreational stocks BRP (DOOO), Marine Products (MPX), and MasterCraft Boat (MCFT) might be worth buying this week. Keep reading.

Stock Index Futures Climb as Debt Ceiling Progress Boosts Sentiment, ECB Minutes in Focus

June S&P 500 futures (ESM23) are up +0.26%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.11% this morning as market participants cheered the passage through the U.S. House of Representatives of a bill to suspend the debt ceiling.

Stocks Climb Before the Open as Debt Ceiling Progress Boosts Sentiment, ECB Minutes in Focus

June S&P 500 futures (ESM23) are up +0.19%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.11% this morning as market participants cheered the passage through the U.S. House of Representatives of a bill to suspend the debt ceiling.

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3 Hot Summer Stock Buys

3 Hot Summer Stock Buys

People are increasingly participating in some kind of outdoor activity as they snap out of the pandemic. Moreover, given the government efforts, investors could consider buying BRP (DOOO), MasterCraft Boat Holdings (MCFT), and Marine Products (MPX). Read on.

BRP Boosts Credit Facility

BRP Boosts Credit Facility

BRP Inc (NASDAQ:DOOO) (TSX:DOO) has increased total available commitments under its revolving credit facility by C$400 million to reach C$1.5 billion in total. The company has also obtained an incremental $100 million term loan from existing lenders under its term loan credit agreement. The costs of borrowing under the revolving credit agreement will…

3 Boating Stocks to Buy as the Weather Heats Up

3 Boating Stocks to Buy as the Weather Heats Up

The boating market is gaining traction with people’s increasing interest in outdoor activities. With the pandemic-related restrictions at ease, this summer is expected to attract many to this watersport. Given the market’s favorable prospects, the boating stocks MasterCraft (MCFT), BRP (DOOO), and MarineMax (HZO) might be solid additions to one’s…

Raymond James Lowers BRP Price Target As Supply Chain Snags

Raymond James Lowers BRP Price Target As Supply Chain Snags

Raymond James analyst Joseph Altobello lowered the price target on BRP Inc (NASDAQ: DOOO) (TSX: DOO) to C$135 from C$146 and maintained a Strong Buy rating on the shares.

Flat Sales, Margin Pressure, Supply Chain Constraints - Lots To Look Into BRP's Q1 Results

Flat Sales, Margin Pressure, Supply Chain Constraints - Lots To Look Into BRP's Q1 Results

BRP Inc (NASDAQ:DOOO) (TSX:DOO) reported first-quarter FY23 sales flat Y/Y at C$1.81 billion. The company said it experienced continuing supply chain-related disruptions and inefficiencies in an increasingly inflationary environment. The gross profit for the quarter fell 16.2% Y/Y to C$454.4 million, and the gross margin contracted 490 basis points to 25.1%. Normalized EBITDA…

Raymond James Remains Bullish On This Vehicle Manufacturer - Read Why

Raymond James Remains Bullish On This Vehicle Manufacturer - Read Why

Raymond James analyst Joseph Altobello raised the price target on BRP Inc (NASDAQ: DOOO) to C$146 from C$137 and kept a Strong Buy rating on the shares.

Why Are BRP Shares Trading Higher Today

Why Are BRP Shares Trading Higher Today

BRP Inc (NASDAQ:DOOO) reported fourth-quarter FY22 sales growth of 29.3% year-on-year, to C$2.35 billion. The gross profit for the quarter rose 21.4% Y/Y to C$609.5 million, and the gross margin contracted 170 basis points to 26%. Normalized EBITDA increased 33% Y/Y to C$416.4 million. EPS of C$2.50 improved from C$2.95 last year. Normalized EPS…

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5 Stocks To Watch For March 25, 2022

Some of the stocks that may grab investor focus today are: Wall Street expects BRP Inc. (NASDAQ: DOOO) to report quarterly earnings at $2.00 per share on revenue of $1.82 billion before the opening bell. BRP shares gained 0.3% to $71.00 in after-hours trading.

BRP Expands Manufacturing Capacity In Michigan

BRP Inc (NASDAQ:DOOO) plans to begin the construction in April to expand its existing Manitou pontoon boat plant in Lansing while adding manufacturing and warehousing capacity in St. Johns, Michigan. BRP expects close to 200 new jobs at its Manitou manufacturing plant. BRP acquired Manitou in 2018. BRP received performance-based workforce training credits…

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