BRP Tops 2Q Views Driven by Year-Round Products Amid Tariff Environment -- Market Talk
Dow Jones2026/09/03 16:071203 ET [Dow Jones]--BRP continues to drive sales and gain market share despite tariffs throwing a wrench in the mix. The Canadian Sea-Doo and Ski-Doo manufacturer handily beat Street estimates across the board in 2Q, and Citi analyst James Hardiman notes that total sales of C$2.24 billion grew 19%, more than double consensus expectations, driven by a 33% surge in Year-Round products. This supports a North American retail momentum that grew 1%. The analyst notes the "massive tariff burden," which contracted normalized Ebitda to C$139 million, but above an expected C$97 million. While BRP raised full-year guidance, Hardiman says it is still unclear "how much of a role the everchanging tariff landscape" affects outlook. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
September 03, 2026 12:07 ET (16:07 GMT)
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