BRP Inc. (NASDAQ:DOOO) Q4 2023 Earnings Call Transcript

Sabahat Khan: Great. And then just a quick one on kind of the powersports PA&A side. There’s a view out there that feels that this segment could go up during the downturn as maybe people spend on lower cost periphery items. If there is a macro slowdown, is it some sort of — that sort of expectation built into your number here for the guidance for fiscal ’24? How are you thinking about the evolution of that segment through the cycle, at least over the next year, year and a half?

Sebastien Martel : Well, obviously, you’re right that when there is a slowdown, it is a business that is, is more sustainable, because people still are still writing and or still need to maintain and repair their vehicles. But again, in our assumption that we’re not building — we’re not building an assumption for an economic slowdown and the guidance. The growth is obviously coming from a higher number of units that are out there being used by our customers. And also the introduction of new models like the Can-Am ATV that were launched — that we’ve just launched, obviously has a high accessory attachment rate to it. And that’s obviously drawing accessory sales up. And so that’s where their growth is coming from with pricing.

Sabahat Khan: Great, thanks very much.

Jose Boisjoli : Thank you.

Operator: There are no further questions at this time. I will turn the call back over to Mr. Philippe Deschenes to close the meeting.

Philippe Deschenes: Thank you, Judy. And thanks, everyone for joining us this morning and for your interest in BRP. We look forward to speaking with you again for our Q1 earnings call. Thanks again everyone. And have a good day.

Operator: Ladies and gentlemen, this concludes your conference call for today. We thank you for joining. And you may now disconnect. Thank you.