Ski-Doo maker BRP delays financial forecast amid trade uncertainty
- BRP Inc. Delayed its financial forecast due to economic uncertainty caused by U.S. Tariff threats, resulting in a loss last quarter.
- North American retail sales at BRP dropped 21% year-over-year, largely due to lower demand for snowmobiles.
- CFO S�bastien Martel stated that uncertainty is influencing consumer behavior ahead of impending tariffs on April 2.
- Despite challenges, BRP exceeded earnings expectations, causing an 8% rise in its share price, closing at $54.77.
8 Articles
8 Articles
Sailing in the Storm: Companies facing uncertainty
We live in an era marked by uncertainty. Factors such as the trade war that Donald Trump has unleashed with his strategy of imposing tariffs and other barriers to free trade, the volatility of markets, the fight against inflation and the control of interest rates, geopolitical tensions and migratory movements, among others, have created an environment where predictability is a luxury that few can afford. Added to this are global challenges such …
How Uncertainty Undermines Business Investment
There are lots of current sources of economic uncertainty. The next steps of DOGE are one source. So, I think, is the rapid advance of artificial intelligence. But right now it’s hard to top trade policy—or even keep track of it, as exemplified by a handy chart from the story “See all the tariffs Trump has enacted, threatened and canceled” in The Washington Post: Why does uncertain trade policy matter? It’s for the simple reason that if CEOs d…
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