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(NASDAQ: DOO) posted a normalized diluted loss of $0.18 a share in its second quarter, reported September 3, against a $0.92 profit in the same period a year earlier.
Revenue still climbed 18.5% year over year to $2.24 billion, and management raised full-year guidance anyway. The mechanism behind that contradiction is what deserves attention.
The case for BRP's confidence sits entirely in the off-road vehicle business.
Can-Am side-by-side retail share rose more than three percentage points in current model year units, with the brand capturing nearly a third of everything sold in North America, an all-time high.
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