BRP reported second quarter 2027 results today, with revenues of CAD$2.237 billion ($1.62 billion), an increase of 18.5% compared with the previous year. The company posted a net loss of CAD$136.8 million ($99 million), a decrease of CAD$193.9 million ($140.6 million). North American powersports retail sales increased 1% year-over-year, the company said in a press release.
“Our second-quarter financial results exceeded expectations, reflecting disciplined execution and increased ORV shipments to support sustained retail momentum. Given our strong performance in ORV leading to additional market share gains, and reduced net tariff costs, we are raising our full-year guidance,” president and CEO Denis Le Vot said in the release.
BRP increased its full-year guidance for normalized diluted earnings per share at CAD$4 ($2.90) to CAD$4.50 ($3.26).
The company expects third quarter normalized diluted earnings per share to be down approximately 50% to 60% versus the same three-month period in fiscal 2026, mainly due to the increased tariff impact.
BRP said the three-month period ended July 31 marked the second consecutive quarter of fiscal 2027 with double-digit revenue growth year-over-year. Revenue growth was partially offset by lower PWC deliveries, mostly reflecting units that were shipped earlier in the first quarter.
BRP also announced today in a separate press release that Minh Thanh Tran will take over the chief financial officer position from Sébastien Martel, who is retiring. Martel will assume the role of executive advisor to the CEO, helping ensure a seamless financial leadership transition until his retirement in April 2027.
