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FINANCE
Powersports Business • January 2025 • 11
17.5 %, to $ 1,955.7 million in Q3 , compared to $ 2,371.0 million in Q3 2023 . The decrease in revenues was primarily due to a lower volume sold across all product lines as a result of softer demand and continued focus on reducing network inventory levels , and higher sales programs . The decrease includes a favorable foreign exchange rate variation of $ 15 million .
Year-Round Products ( 53 % of Q3−FY25 revenues ): BRP ’ s Year-Round Products decreased by $ 144.2 million , or 12.2 %, to $ 1,036.4 million in Q3 . The decrease in revenues resulted from softer demand , continued focus on reducing network inventory levels and higher sales programs . The decrease was partially offset by a favorable product mix in SSV and pricing across all product lines .
Seasonal Products ( 32 % of Q3−FY25 revenues ): Seasonal Products decreased by $ 252.8 million , or 29.1 %, to $ 615.9 million in Q3 , compared to $ 868.7 million in 2023 . The decrease was partially offset by favorable pricing on Snowmobile and PWC segments .
PA & A and OEM Engines ( 15 % of Q3−FY25 revenues ): Revenues from PA & A and OEM Engines decreased by $ 18.3 million , or 5.7 %, to $ 303.4 million in Q3 , compared to $ 321.7 million in 2023 . The decrease in revenues from PA & A and OEM Engines was primarily attributable to a lower volume sold due to a high network inventory level in Snowmobile and a decrease in retail in other product lines . The decrease was partially offset by favorable pricing on PA & A .
NORTH AMERICAN RETAIL SALES BRP ’ s North American retail sales decreased by 11 % in Q3−FY25 compared to the same period last year . The company says the decrease is due to softer demand for both Seasonal and Year-
Priority One Financial Services and Rollick partner
Priority One Financial Services , a full-service finance company for marine , RV , trailer and equipment dealers , recently announced a partnership with Rollick . The integration simplifies the customer ’ s path to purchase by connecting Rollick ’ s digital retailing technology with Priority One ’ s financing services .
Round Products . North American Year-Round Products retail sales decreased on a percentage basis in the high-single digits compared to 2023 . The North American Year-Round Products industry decreased on a percentage basis in the low-single digits over the same period . North American Seasonal Products retail sales decreased on a percentage basis in the mid-teens range compared to 2023 . The North American Seasonal Products industry decreased on a percentage basis in the midteens range over the same period .
OPERATING EXPENSES Operating expenses increased by $ 9.6 million , or 3.4 %, to $ 295.1 million in Q3 compared to $ 285.5 million in 2023 . Operating expenses
See BRP Q3 Highlights , Page 12
BEST-IN-CLASS CUSTOMER SUPPORT
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The ZiiDMS support team has dealership experience . They understand the daily intricacies of running a successful dealership and what you are trying to accomplish . It ’ s 5-star support .
William Howard , General Manager - Sport Durst Powersports
Source : BRP
When a dealer works with Rollick and Priority One , customers can shop on the dealer ’ s website using Rollick ’ s digital retailing tool and instantly connect with Priority One to prequalify for financing .
“ Rollick helps capture more leads ; Priority One helps convert those leads to buyers ,” says Nicole Armstrong , vice president of Corporate Initiatives at Priority One . “ It ’ s a synergy that works well for dealers and ultimately will lead to more closings .”
Priority One also offers partner integrations with Kenect , MOTOTV and DealerRock DMS to bolster customer conversion .
For a limited time , Priority One dealers will receive $ 100 off a monthly Rollick subscription with no setup fees . To learn more about the Rollick-Priority One integration , visit the Priority One website or call 800−419−1341 .
Sport Durst Powersports
Durham , North Carolina