BRP Launches Process for the Sale of its Marine Businesses
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) today announced that it is initiating a process for the sale of its Marine businesses namely Alumacraft, Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin),
BRP puts marine business on the block to 'double down' on powersports
BRP Inc. has put its marine businesses up for sale as it looks to focus on powersports products and cut the cable to its money-losing boat brands. The Valcourt, Que.-based Ski-Doo maker said Thursday it hopes to sell Alumacraft, Manitou and Telwater — all boat makers — as well as its marine parts, accessories and apparel businesses by May 2025.
BRP Inc. to Sell Off its Marine Businesses Excluding Sea-Doo
BRP, Inc. is initiating a process for selling its Marine businesses—Alumacraft, Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin), and Marine parts, accessories and apparel. This process excludes all activities related to its Sea-Doo personal watercraft, Sea-Doo Switch pontoons and jet propulsion systems.
BRP Shifts Focus, Plans Sale of Marine Businesses
BRP (TSE:DOO) has released an update. BRP Inc. has announced plans to sell its Marine businesses, including brands like Alumacraft and Manitou, as it shifts focus towards bolstering its Powersports segment amid challenging economic conditions.
BRP puts marine businesses up for sale as it looks to focus on powersports
VALCOURT, Que. - BRP Inc. has put its marine businesses up for sale as it looks to focus on its powersports operations. The company says it is looking to sell its Alumacraft, Manitou, Telwater and marine parts, accessories and apparel businesses.
RideApart on MSN5h
BRP Puts Marine Brand Up for Sale, Sea-Doo Stays in the Family
I mean, Harley took a sizeable bag of money from the feds to keep its flailing LiveWire electric motorcycle brand afloat. But ...
autofinancenews1d
BRP pulls back from marine
Canadian powersports manufacturer Bombardier Recreational Products has initiated a plan to shed portions of its marine ...
Ski-Doo Maker BRP Looks to Shed Struggling Marine Brands
Sea-Doo and Ski-Doo maker BRP said it intends to sell off the majority of its marine businesses, which have been weighed down ...
Analysts Conflicted on These Consumer Cyclical Names: BRP (DOOO), Trigano SA (OtherTGNOF) and Continental Aktiengesellschaft (OtherCTTAF)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on BRP (DOOO – Research Report), Trigano SA (TGNOF – ...
The Globe and Mail3d
BRP putting marine business up for sale, minus Sea-Doo assets
BRP Inc. DOO-T is putting the bulk of its marine business up for sale as it wrestles with a postpandemic brew of softening ...
BRP's move to sell marine businesses should boost near-term profitability: RBC
Canadian powersports manufacturer BRP’s (DOO.TO)(DOOO) plan to sell its marine and marine parts divisions should increase near-term profitability, an RBC Capital Markets analyst says. The Quebec-based ...
Barchart on MSN4d
BRP vs. Polaris: The Better Buy of the 2 Downtrodden Leisure Stocks
Since January 2015, according to S&P Global Intelligence, it has grown revenue by 157% from CAD$3.52 billion ($2.56 billion) to CAD$9.03 billion ($6.56 billion) at the end of July. Its operating ...
2 Bargain Stocks Nearing 52-Week Lows: Get Them Before They Bounce
Quality TSX stocks such as Alimentation Couche-Tard and BRP are trading at a discount to consensus price target estimates.