2024-05-21 20:32:34 ET
Summary
- BRP is expecting soft financials to continue in FY2025 after reporting a weak second half to FY2024 due to macroeconomic and other challenges.
- The company reports its Q1 financials on the 31st of May, and I suggest caution regarding the future financial guidance.
- The valuation seems fair as a conservative recovery anticipation seems fair in light of current financials.
BRP ( DOOO ), the Canadian powersports vehicle and marine product manufacturer, is expecting to show soft financials in FY2025. The company already reported softer-than-normal growth in FY2024 as the company’s demand showed weakness in the second half of the fiscal year....
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BRP: Be Cautious Ahead Of Q1 As Weakness Persists