Brp reports fiscal year 2026 first quarter results

Highlights revenues of $1,846.9 million, a decrease of 7.7% compared to last year; net income of $161.0 million, an increase of 278.8% compared to last year; normalized ebitda [1] of $200.8 million, a decrease of 34.7% compared to last year; normalized diluted earnings per share [1][2] of $0.47, a decrease of $1.11 per share, and diluted earnings per share of $2.19, an increase of $1.63 per share, compared to last year; north american retail sales were flat compared to last year, resulting from strong end-of-season retail in snowmobile, offset by a decrease in year-round products retail mainly due to the industry's slowdown; on april 1 st, 2025, the company announced a definitive agreement to sell telwater pty, ltd., and closed the sale of alumacraft's assets on may 1 st, 2025; the company also announces ceo succession plan.
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