BRP sales decline 20% despite new product launch

Consumers react positively to the 2022 Sea-Doo Switch pontoon

A pedestrian walks past signage for a BRP manufacturing facility in Valcourt, Quebec, Canada, on Wednesday, Oct. 28, 2020. BRP Inc. says production shutdowns depleted its inventory and dragged down revenues in its second quarter, but rising demand buoyed profits as fun-seekers turned to power sports for pandemic recreation, The Toronto Star reported. Photographer: Christinne Muschi/Bloomberg

Canadian powersports manufacturer BRP’s sales fell in the third quarter as ongoing supply chain issues continue to suppress product availability and dealer inventory. North American retail sales decreased 20% year over year, according to BRP’s earnings report. All segments, with the exception of personal watercraft, posted declines in sales volumes during the quarter. However, BRP […]

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