BRP Inc. (DOOO) PT Lowered to $73 at Citi
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Go back to BRP Inc. (DOOO) PT Lowered to $73 at Citi
May 31, 2024 5:00 PM EDT
VALCOURT, QC, May 31, 2024 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO) (the "Company") held earlier today its annual meeting of shareholders in a virtual format. The meeting was broadcast via live webcast and the recording will be available shortly on BRP's website at www.brp.com. Â
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May 31, 2024 6:00 AM EDT
Highlights
Continued outpacing the SSV and ATV industries with retail sales increasing in the low-teens range and high-single digits range, respectively;Revenues of $2,031.7 million, a decrease of 16.4% compared to last year;Net loss of $7.4 million, a decrease of $161.9 million compared to last year;As expected, Normalized EBITDA [1] of $247.2 million, a decrease of 34.4% compared to last year;Normalized diluted earnings per share [1] of $0.95, a decrease of $1.43 per share, and diluted loss...
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