BRP Seen Gaining Retail Momentum For 4Q — Market Talk

Dow Jones Newswires

BRP is a clear winner in powersports for 4Q, Citi analyst James Hardiman says in a report. The analyst sees the company closing 2025 with strong momentum, driven largely by the early popularity of its new side-by-side model. Hardiman bases the view on Citi's recent powersports channel checks, data analysis, and management conversations. "We believe that BRP finished 2025 on the strongest of notes, gaining share in a solid off-road vehicle industry due in large part to the early popularity of the new Defender model," Hardiman says. He figures that the off-road vehicle industry retail was up mid-single digits for 4Q, with BRP retail sales up over 20% quarter-to-date. (adriano.marchese@wsj.com)

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

Add to Favorites

Canada stocks higher at close of trade; S&P/TSX Composite up 0.61%

Investing.com

Investing.com – Canada stocks were higher after the close on Thursday, as gains in the Real Estate, REITs and Consumer Staples sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.61%.

The best performers of the session on the S&P/TSX Composite were NFI Group Inc (TSX:NFI), which rose 7.19% or 1.04 points to trade at 15.50 at the close. Meanwhile, Aritzia Inc (TSX:ATZ) added 4.27% or 4.71 points to end at 114.96 and Ngex Minerals Ltd (TSX:NGEX) was up 4.25% or 1.06 points to 26.02 in late trade.

The worst performers of the session were Curaleaf Holdings Inc (TSX:CURA), which fell 32.05% or 2.08 points to trade at 4.41 at the close. Discovery Silver Corp (TSX:DSV) declined 5.45% or 0.50 points to end at 8.68 and BRP Inc (TSX:DOO) was down 5.35% or 5.56 points to 98.44.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 499 to 371 and 94 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 15.79% to 11.84.

Gold Futures for February delivery was down 0.25% or 10.85 to $4,363.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.23% or 0.13 to hit $55.94 a barrel, while the February Brent oil contract rose 0.15% or 0.09 to trade at $59.77 a barrel.

CAD/USD was unchanged 0.08% to 0.73, while CAD/EUR unchanged 0.21% to 0.62.

The US Dollar Index Futures was up 0.11% at 98.11.

Risk Warnings and Disclaimers

Add to Favorites

Toronto Stocks Rally; BRP Shares Fall on Australian Telwater Unit Sale Block by Regulators

Dow Jones Newswires

By Adriano Marchese

Toronto stocks were firmly higher Thursday at midday, in step with U.S. markets. Canada's indexes benefited from a boost in U.S. consumer price index numbers, which showed that inflation eased unexpectedly in November. Economists cautioned that the data may have skewed lower because of gaps in information collected during the government shutdown.

Most sectors were trending higher, led by commercial services, health services and transportation stocks. Only communications and energy stocks were in decline.

Canada's S&P/TSX Composite Index rose 1.1% to 31603.17 and the blue-chip S&P/TSX 60 rose 1.2% to 1856.54.

BRP shares fell 4.1% to 99.76 Canadian dollars ($72.36) after Australia's competition regulator blocked the planned sale of Telwater to Yamaha, citing concerns about competition in the country's boat engine market. The company said it is reviewing its options.

Other market movers:

Orla Mining shares rose 3.4% to C$19.47 after the miner said that it has discovered a two-kilometer extension to its Musselwhite gold mine deposit in northwestern Ontario.

Transat A.T. reported a swing to a fourth‑quarter loss after revenue fell. The lower revenue was partly driven from lower compensation from Pratt & Whitney which has been paying the airline for problems with its engines that grounded flights starting in 2023. Shares fell 0.8% to C$2.54.

Write to Adriano Marchese at adriano.marchese@wsj.com

Risk Warnings and Disclaimers

Add to Favorites

BRP Acknowledges Regulatory Decision On Proposed Sale Of Telwater To Yamaha Motor Australia

dpa-AFX

OTTAWA (dpa-AFX) - Canada-based BRP Inc. (DOO), Thursday announced that it acknowledges the Australian Competition and Consumer Commission's decision against the proposed sale of Telwater Pty, Ltd. to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd.

In light of this development, BRP remains the owner of Telwater, an Australia-based manufacturer of aluminium boat and trailer packages. The company will continue to operate the business while evaluating all available options to determine the best path forward.

Moreover, BRP has confirmed that the commission's decision will have no impact on the Fiscal Year 2026 financial guidance of Telwater.

In the pre-market hours, DOO is trading at $73.95, down 2.08 percent on the Nasdaq.

Risk Warnings and Disclaimers

Add to Favorites

BRP Weighs Options as Australian Regulators Block Telwater Sale

Dow Jones Newswires

By Adriano Marchese

BRP said it is reviewing its options after Australia's competition regulator blocked the planned sale of Telwater to Yamaha, citing concerns about competition in the country's boat engine market.

On Thursday, the Australian Competition and Consumer Commission said it decided to oppose Yamaha Motor Australia's proposed acquisition of Telwater after an in-depth investigation found the move is likely to result in a substantial lessening of competition in the wholesale supply of outboard motors in Australia.

The deal between Yamaha Motor Australia and BRP to acquire Telwater was signed in April 2025 as part BRP's plan to sell parts of its marine business.

BRP on Thursday said that it is considering the regulator's decision and will be evaluating all available options to determine the best path forward.

However, the company noted that while it will continue to operate the Telwater business, it doesn't expect the decision to have any impact on its fiscal 2026 guidance.

Write to Adriano Marchese at adriano.marchese@wsj.com

Risk Warnings and Disclaimers

Add to Favorites

BRP Acknowledges ACCC Decision on the Sale of its Telwater Business to Yamaha Motor Australia

Dow Jones Newswires

VALCOURT, QC and BRISBANE, Australia, Dec. 18, 2025 /PRNewswire/ - BRP Inc. acknowledges the Australian Competition and Consumer Commission's (ACCC) decision to oppose the proposed sale of Telwater Pty, Ltd. (Telwater) to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd.

BRP is considering the ACCC's decision and will be evaluating all available options to determine the best path forward.

In light of the ACCC's decision, BRP remains the owner of Telwater, and will continue to operate this profitable business and offer Australian consumers quality and reliable boats through its iconic brands. Given the size of Telwater's business, BRP confirms this will have no impact on its Fiscal Year 2026 financial guidance.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

Certain statements included in this press release, including statements relating to BRP's consideration of the ACCC's decision and its evaluation of the available options, Telwater's profitability, BRP's intention to continue to operate Telwater's business and BRP's Fiscal Year 2026 guidance, constitute "forward-looking statements" within the meaning of applicable securities laws. The words "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indications", "anticipates", "believes" "estimates", "outlook", "predicts", "projects", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements. Forward-looking statements, by their nature, involve inherent risks and uncertainties and are based on a number of assumptions, and are subject to important risks and uncertainties, both general and specific, made by BRP in light of its experience and perception of historical trends. Forward-looking statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business. Forward-looking statements are subject to numerous factors, many of which are beyond BRP's control, including the risk factors disclosed previously and from time to time in BRP's filings with the securities regulatory authorities in each of the provinces and territories of Canada and the United States, available on SEDAR+ at sedarplus.com or EDGAR at sec.gov, respectively. The forward-looking statements contained in this press release are made as of the date of the press release (or as of the date they are otherwise stated to be made), and are subject to change after such date and the Company has no intention and undertakes no obligation to update or revise any forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities regulations.

About BRP

BRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines. Headquartered in Quebec, Canada, BRP had annual sales of CA$7.8 billion from over 130 countries and employed approximately 16,500 driven, resourceful people as of January 31, 2025.

www.brp.com

@BRPNews

Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Quintrex and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.

View original content to download multimedia:https://www.prnewswire.com/news-releases/brp-acknowledges-accc-decision-on-the-sale-of-its-telwater-business-to-yamaha-motor-australia-302645827.html

SOURCE BRP Inc.

Risk Warnings and Disclaimers

Add to Favorites