BRP Earnings: Demand and Profits Remain Under Pressure, Preventing a Return to Growth

First-quarter sales at BRP fell 8% to CAD 1.8 billion, with year-round 4.5% lower and seasonal 22% down. Lower volume crushed profitability, resulting in normalized EPS of CAD 0.47, a 70% decline. The second outlook indicates a similar performance, suggesting demand remains under pressure.