The Quebec-based off-road vehicle manufacturer posted $1.9-billion in second-quarter revenue, up 4.3 per cent from the same quarter last year, while net quarterly income was up nearly 36 per cent, to $57 million. (The Logic)
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The Quebec-based off-road vehicle manufacturer posted $1.9-billion in second-quarter revenue, up 4.3 per cent from the same quarter last year, while net quarterly income was up nearly 36 per cent, to $57 million. (The Logic)
Talking point: The numbers are decidedly cheerier than in March when the Ski-Doo maker reported a fourth-quarter net loss of $44.5 million, the result of a post-COVID-19 drop in demand and the fallout from the U.S.-led trade war. At the time, the company said it was deferring its forecasts, citing uncertainty over Trump administration tariffs. It now expects revenue between $8.1 billion and $8.3 billion for the full year, and the company has factored in about $90 million of gross tariff impact.
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