BRP released its first-quarter 2027 results, showing revenues of CAD$2.4 billion ($1.73 billion), a 29.5% increase compared with the same period last year, driven in part by higher PWC shipments. Net income was CAD$127 million ($92 million), a decrease of 20.9% year-over-year.

“We delivered Q1 financial results above expectations, driven by higher volumes, disciplined cost management, strong overall execution and a more favorable promotional environment,” president and CEO Denis Le Vot said in a statement.

“As tariff policies shifted significantly during the quarter, our teams moved quickly to define mitigation measures to reduce their impact. Looking ahead, we are focused on navigating these headwinds while also protecting our long-term growth prospects. Although the geopolitical and trade environment remains volatile, we are issuing a revised full-year guidance that incorporates both positive trends in our business and net tariff costs.”

The revised full-year guidance, incorporating incremental tariff cost net of mitigation measures, calls for revenues of CAD$9.1 billion to CAD$9.4 billion ($6.6 million to $6.8 billion).