Snowmobile Maker BRP Suspends FY27 Outlook As US Tariffs Pressure Affects Costs

Benzinga04-17 22:53

This news comes as the broader market experienced gains on Thursday, with the Dow Jones rising 1.21% and the S&P 500 gaining 0.84%. • BRP stock is charging ahead with explosive momentum. Why ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2628200801?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/04/17/SKI-MY27-T-FAM-LIFE-14743-RGB.jpeg?optimize=medium&dpr=2&auto=webp&width=260","is_english":true,"pubTime":"2026-04-17 22:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2628200801","market":"us","top_or_hot":-1,"title":"Snowmobile Maker BRP Suspends FY27 Outlook As US Tariffs Pressure Affects Costs","media":"Benzinga","content":"<div>\n<p>This news comes as the broader market experienced gains on Thursday, with the Dow Jones rising 1.21% and the S&P 500 gaining 0.84%.\n        • BRP stock is charging ahead with explosive momentum. Why ...</p>\n\n<a href=\"https://www.benzinga.com/markets/mid-cap/26/04/51886630/snowmobile-maker-brp-suspends-fy27-outlook-as-us-tariffs-pressure-affects-costs\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Snowmobile Maker BRP Suspends FY27 Outlook As US Tariffs Pressure Affects Costs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSnowmobile Maker BRP Suspends FY27 Outlook As US Tariffs Pressure Affects Costs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-17 22:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/mid-cap/26/04/51886630/snowmobile-maker-brp-suspends-fy27-outlook-as-us-tariffs-pressure-affects-costs><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This news comes as the broader market experienced gains on Thursday, with the Dow Jones rising 1.21% and the S&P 500 gaining 0.84%.\n        • BRP stock is charging ahead with explosive momentum. Why ...</p>\n\n<a href=\"https://www.benzinga.com/markets/mid-cap/26/04/51886630/snowmobile-maker-brp-suspends-fy27-outlook-as-us-tariffs-pressure-affects-costs\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMA","symbol_name":"Smartstop Self Storage REIT Inc","start_time":0,"source_url":"https://www.benzinga.com/markets/mid-cap/26/04/51886630/snowmobile-maker-brp-suspends-fy27-outlook-as-us-tariffs-pressure-affects-costs","article_id":"2628200801","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/04/17/SKI-MY27-T-FAM-LIFE-14743-RGB.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/mid-cap/26/04/51886630/snowmobile-maker-brp-suspends-fy27-outlook-as-us-tariffs-pressure-affects-costs","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2628200801","pubTimestamp":1776437580,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"BRP shares rise despite suspending FY27 guidance, citing new U.S. tariffs on snowmobiles and ORVs that could add over $500 million in costs.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SMA":"Smartstop Self Storage REIT Inc","BK4150":"赌场与赌博","BK4217":"自存仓储房地产信托","RSI":"Rush Street Interactive, Inc."},"translate_title":"由于美国关税压力影响成本，雪地车制造商BRP暂停27财年展望","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RSI":1,"SMA":1},"content_text":"This news comes as the broader market experienced gains on Thursday, with the Dow Jones rising 1.21% and the S&P 500 gaining 0.84%.\n        • BRP stock is charging ahead with explosive momentum. Why is DOO stock up today?\nBRP announced the suspension of its FY27 guidance following the amendment of Section 232 tariffs on steel, aluminum, and copper imports into the U.S., effective April 6, 2026. \nFor BRP, the revised rules impose a 25% tariff on the full value of imported snowmobiles and most ORV models, replacing the prior 50% levy that applied only to metal content. \nThe company estimates that the incremental tariff cost related to this change could exceed $500 million for the remainder of the year.\n“Despite the material burden of these tariff changes, we expect that, with our solid balance sheet, the agility of our teams and the strong start of the year, we will be able to manage our business through this challenge and continue to push BRP forward,” said Denis Le Vot, president and CEO of BRP.\nThe broader market saw gains on Thursday, with the Technology sector rising 1.62%. BRP’s stock performance aligns with this positive trend, suggesting that while the company faces challenges, it is still moving in the same direction as the market.\nBRP is currently trading 19% below its 20-day simple moving average (SMA) and 22.2% below its 50-day SMA, indicating a bearish short-term trend as the stock struggles to gain upward momentum. The stock is also 1.9% below its 200-day SMA, suggesting it is facing challenges in establishing a longer-term bullish trend.\nThe relative strength index (RSI) is at 32.57, which is considered neutral; however, it indicates the stock is not in an overbought condition, allowing for potential upward movement if buying pressure increases. The moving average convergence divergence (MACD) is below the signal line, suggesting bearish momentum, which traders should monitor closely.\nBRP designs, develops, manufactures, distributes and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am and Lynx brand names. It also builds engines under the Rotax brand and offers clothing, parts, and accessories that cater to its core consumers.\nThe recent suspension of guidance highlights the challenges BRP faces in navigating a volatile tariff environment, which could impact its financial performance and investor sentiment moving forward.\nLooking further out, the next major catalyst for the stock arrives with the May 28 (estimated) earnings report.\nAnalyst Consensus & Recent Actions: The stock carries a Buy Rating with a consensus price target of $80.50. Recent analyst moves include:\nBelow is the Benzinga Edge scorecard for BRP, highlighting its strengths and weaknesses compared to the broader market:\nThe Verdict: BRP’s Benzinga Edge signal reveals a growth-heavy profile, indicating strong potential despite its current value challenges.\nDOO Stock Price Activity: Brp shares were up 5.80% at $58.09 at publication on Friday, according to Benzinga Pro data.\nPhoto Courtesy: BRP\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2628200801","isCrawlerRequest":true}