0858 ET - BRP is still coping with slowing demand, and it's weighing on revenue. In a Stifel report, analyst Martin Landry notes that 1Q revenue fell but came in better than expected. Still, this quarter's downturn marks the seventh consecutive quarter of year-over-year sales decline as the powersports industry "copes with a slowdown in demand," Landry says. If BRP's revenues were to show a sign of stabilization, Landry says that this would help investor sentiment and could even suggest that inventories are better aligned with demand. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
May 29, 2025 08:58 ET (12:58 GMT)
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