1159 ET - BRP beat 3Q expectations and provided stronger-than-anticipated guidance for the 4Q and fiscal 2027. Citi analyst James Hardiman says in a report that BRP's managed its inventory effectively despite tariffs, economic uncertainty, and aggressive promotions by competitors. The analyst says the Ski-Doo and Sea-Doo manufacturer's outlook can also offer upside relative to consensus expectations while remaining conservative, suggesting additional growth drivers beyond general industry improvement. This combination of disciplined execution and cautious guidance strengthens confidence in BRP's long-term story, he says. "We feel more confident in the BRP story as the outlook provided simultaneously charts a path to upside vs. the Street," Hardiman says. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
December 05, 2025 11:59 ET (16:59 GMT)
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