The chart below shows how DOOO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DOOO sees a +3.40% change in stock price 10 days leading up to the earnings, and a +1.36% change 10 days following the report. On the earnings day itself, the stock moves by -0.52%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Strong Financial Performance: Revenue reached $2 billion, normalized EBITDA was $264 million, and normalized EPS was $1.16, all above expectations.
Network Inventory Reduction Progress: Our network inventory reduction plan has made significant strides, achieving a 10% reduction so far this year, with a target of 15% to 20% by the end of the fiscal year.
Market Opportunity Positioning: We have seen notable improvement in three-wheeled vehicle, personal watercraft, and switch pontoons, positioning us favorably to capture market opportunities when the industry rebounds.
Operational Excellence Achieved: We are on track to deliver on our objective for the year, reflecting disciplined execution of our plan and effective management of operating expenses.
Retail Performance and Inventory Reduction: Our retail performance was as anticipated, reflecting a challenging market dynamic, but we are pleased with the solid progress made in reducing network inventory.
Negative
Revenue Decline Analysis: Revenue decreased 18% to $2 billion primarily due to lower shipments and higher sales program costs.
EBITDA Decline Analysis: Normalized EBITDA ended at $264 million, down from last year, primarily due to less efficient use of assets given the lower production volumes and higher sales programs.
North America Retail Performance: Retail performance in North America was down 11%, in line with expectations, with Canada continuing to outperform the U.S. market.
Inventory Reduction Success: In ORV, inventory is down 22%, achieving our objective one quarter ahead of plan, but overall retail performance was below initial expectations for the year.
Dealer Support and Inventory Management: The third quarter results demonstrated our commitment to support our dealers as we were disciplined in limiting our shipments to reduce our network inventory levels.
BRP Inc. (DOOO) Q3 2025 Earnings Call Transcript
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