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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (138768)11/30/2022 9:02:35 AM
From: Goose94Read Replies (2) of 202691
 
BRP (DOO-T) Posts Record Quarterly Results

Not to be hyperbolic, but hard to describe the recreational vehicle maker’s third quarter as anything less than a blowout. To wit – revenues were up 71 per cent to hit a new record, normalized EBITDA up 94 per cent and sales of powersports products surged 43 per cent year-over-year. All that is contributing to the company’s move to raise its full-year outlook and state that it’s in a “strong position” to sustain that growth. The company was something of a pandemic darling – bored consumers taking to the outdoors when everything else was closed, and all – but has had a rougher go of it lately, between supply chain bottlenecks and a cybersecurity breach earlier this year, though those issues seem to be fading.

BNN.ca
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