BRP Inc Shs Subord.Voting
DOO: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LJZ | LOCK|#%L | LOCK|NTHDtPD |
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.
