BRP Inc (Ski-Doo) stock (CA05581B1083): Q1 FY27 revenue jumps while full-year outlook is trimmed

BRP shares on the Toronto Stock Exchange reacted to a sharp revenue increase but lower full-year profit guidance after the Canadian powersports group reported its fiscal 2027 first-quarter results.

BRP Inc (Ski-Doo) opened Thursday trading on the Toronto Stock Exchange with investors digesting a mixed set of fiscal 2027 first-quarter numbers, featuring strong revenue growth alongside a reduction in full-year earnings guidance, according to a company earnings release dated 05/28/2026 and Canadian press coverage on the same day.

The Québec-based powersports manufacturer, listed in Canada under the ticker DOO and in the United States as DOOO, reported Q1 FY27 revenues of CAD 2,391.8 million, an increase of 29.5% compared with the prior-year quarter, driven mainly by higher shipments in off-road vehicles (ORV) and personal watercraft (PWC) as well as favorable pricing, according to its 05/28/2026 fiscal 2027 first-quarter report filed with regulators and published via its investor relations site.

Despite the strong top-line performance, the company indicated that normalized diluted earnings per share for Q1 FY27 were affected by tariff-related costs and higher operating expenses, with Canadian media noting that profit fell by roughly one-fifth compared with the year-ago period as the latest U.S. levies on certain products weighed on margins and prompted management to revise its earnings outlook for the rest of the fiscal year.

On 05/28/2026, BRP updated its fiscal 2027 guidance alongside the quarterly results, projecting total annual revenue in a range of CAD 9,125 million to CAD 9,375 million versus CAD 8,442.7 million achieved in fiscal 2026, while at the same time signaling that normalized EBITDA is now expected to fall to a range of CAD 925 million to CAD 975 million compared with CAD 1,103.4 million reported for the previous full year, as detailed in its first-quarter fiscal 2027 press release.

Management also cut its normalized diluted EPS guidance for fiscal 2027 to CAD 3.00 to CAD 3.50, down from CAD 5.21 in fiscal 2026, citing net tariff costs, higher taxes and incremental expenses, and this shift in earnings expectations became a key focus for investors in both Canada and the United States who follow the Ski-Doo maker’s listing on the TSX and Nasdaq.

In secondary trading venues available to German investors, BRP’s shares can also be accessed via platforms such as Tradegate under the international identifier CA05581B1083, allowing European retail investors to react to the Canadian and U.S. news flow around the Q1 FY27 earnings release and the updated guidance corridor.

The stock traded at approximately CAD 93 on 05/28/2026 on the Toronto Stock Exchange following the publication of the Q1 FY27 figures and revised outlook, reflecting investor reassessment of the company’s balance between strong sales momentum and pressure on profitability, based on live price data and intraday commentary from financial news services tracking the DOO listing.

As of: 05/28/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: BRP
• Sector/industry: Powersports vehicles and marine products
• Headquarters/country: Valcourt, Canada
• Core markets: North America, Europe, Australia, selected emerging markets
• Key revenue drivers: Off-road vehicles, snowmobiles, personal watercraft, pontoons, parts and accessories, services and apparel
• Home exchange/listing venue: Toronto Stock Exchange (DOO); Nasdaq (DOOO)
• Trading currency: CAD on TSX; USD on Nasdaq

BRP Inc (Ski-Doo): core business model

BRP focuses on designing, manufacturing and marketing recreational powersports vehicles and marine products, with revenue largely generated by sales of vehicles such as Ski-Doo snowmobiles and Sea-Doo personal watercraft plus a recurring stream from parts, accessories, services and apparel tied to its installed base.

Industry trends and competitive position

In the global powersports industry, demand trends for off-road vehicles and personal watercraft have remained relatively resilient into 2026, although higher interest rates and inflation have introduced more cautious consumer behavior in certain markets, a backdrop that influences BRP’s unit volumes and pricing power compared with peers such as Polaris and Yamaha Motor, which also compete in off-road, snowmobile and marine segments.

Tariff policy has become a more prominent factor for North American manufacturers, and BRP’s latest Q1 FY27 results and guidance adjustment on 05/28/2026 explicitly referenced net tariff costs as a key driver behind lower expected normalized EBITDA and EPS for the year, underscoring that the company’s competitive position is shaped not only by product innovation and brand strength but also by trade-related expenses and tax burdens that can differentiate its cost structure from that of international rivals with different manufacturing footprints.

Conclusion

BRP’s fiscal 2027 first-quarter report on 05/28/2026 highlighted a notable acceleration in revenue, but the accompanying reduction in EBITDA and EPS guidance underlined how tariffs and higher costs are reshaping its profit profile even as demand for powersports products remains supportive.

For investors tracking the Canadian-listed stock on the Toronto Stock Exchange and its U.S. counterpart on Nasdaq, the latest update provides fresh input for assessing how the company manages the trade-off between growth and margin resilience within a competitive global powersports and marine industry landscape.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.