BRP Inc. (DOO) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to the BRP Inc's FY26 second quarter results conference call. For participants who use the telephone line, it is recommended to turn off the sound on your device. I would now like to turn the meeting over to Mr. Philip Deschain. Please go ahead, Mr. Deschain. Thank you, Joelle. Good morning and welcome to BRP's conference call for the second quarter of fiscal year 26. Joining me this morning are José Beaujolais, President and Chief Executive Officer, and Sébastien Martel, Chief Financial Officer. Before we move to the prepared remarks, I would like to remind everyone that certain forward-looking statements will be made during the call and that the actual result could differ from those implied in these statements. The forward-looking information is based on certain assumptions and is subject to risk and uncertainties, and I invite you to consult BRP's MD&A for a complete list of these. Also during the call, reference will be made supporting slide, and you can find the presentation on our website at brp.com under the investor relations section. So with that, I'll turn the call over to Jose. Thank you, Philippe. Good morning, everyone, and thank you for joining us. We've delivered better than expected results in our second quarter in an operating environment that remained challenging. At retail in North America, we have gained further market share with our current Can-Am models, but as expected, we've lost market share in the non-current due to our low inventory. With a 20% year-over-year reduction in network inventory, we have reached proper level across all our product line except snowmobile. From this healthier base, we are well positioned to benefit from our newly introduced product to gain additional market share. During ...