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ski - doo . LYNX SEQ400 . can - am ROTAX ALUMAS raft Manitou EVINRUDE . BRP BRP REPORTS FISCAL YEAR 2022 FIRST QUARTER RESULTS Solid retail performance in North America with Powersports retail sales up 39 % , compared to the same period last year PRESS RELEASE For immediate distribution Revenues of $ 1,809 million , up 47 % compared to the same period last year Net income of $ 244 million , or diluted earnings per share of $ 2.79 Normalized diluted EPS¹ of $ 2.53 , up 873 % compared to the same period last year Tripled Normalized EBITDA¹ to $ 379 million , compared to the same period last year Net debt reimbursement of approximately US $ 300 million and returned $ 289 million to shareholders through regular dividend and share repurchases Annual guidance increased with Normalized EPS growth of 44 % to 58 % ( $ 7.75 to $ 8.50 ) compared to last year Valcourt , Quebec , J une 3 , 2021 - BRP Inc. ( TSX : DOO ; NASDAQ : DOOO ) today reported its financial results for the three - month period ended April 30 , 2021. All financial information is in Canadian dollars unless otherwise noted . The complete financial results are available on Sedar as well as in the section Quarterly Reports of BRP's website . " We had an exceptional start of the year , building on our momentum of growth from prior quarters . Our first quarter results were driven by ongoing robust demand for our products with North American Powersports retail up 39 % . We were also lapping a quarter in which our manufacturing operations were partly shutdown , " said José Boisjoli , President and CEO . " Following our solid first quarter performance , positive outlook for the business and factoring in current supply chain constraints , we increased our overall guidance for Fiscal 22 with Normalized EPS now expected to grow between 44 % to 58 % over last year . " " We are excited about the future and will concentrate on converting new entrants into lifelong customers , continue to introduce new products to the market and take full advantage of our anticipated additional production capacity . I thank our employees , suppliers and dealers for their relentless work , " concluded Mr. Boisjoli . Financial Highlights ( in millions of Canadian dollars , except per share data and margin ) Revenues Gross Profit Gross Profit ( % ) Normalized EBITDA ( ¹ ) Net income ( loss ) Normalized net income ( ¹ ) EPS diluted ( ¹ ) Normalized EPS -diluted ( ¹ ) Weighted average number of shares - diluted ( ² ) Three - months ended April 30 2020 2021 $ 1,808.6 542.0 30.0 % 379.0 244.4 222.0 2.79 2.53 87,606,457 $ 1,229.8 235.1 19.1 % 123.0 ( 226.1 ) 22.7 ( 2.58 ) 0.26 87,960,037 [ 1 ] See " Non - IFRS Measures " section of this press release . [ 2 ] For the three - month period ended April 30 , 2020 , basic and diluted loss per share are the same , as the effect of stock options is antidilutive . Stock options that could potentially dilute basic earnings per share in the future , which are included in the calculation of normalized diluted loss per share , represent 359,876 stock options for the three - month period ended April 30 , 2020 .