Hurricane Harvey has shuttered several BRP dealers that were in the path of the storm and will likely affect sales for months to come, the recreational vehicle company said Friday. Thirteen Texas dealers selling mainly off-road vehicles and watercraft have been closed since the storm hit last week, with six likely suffering severe damage, says chief executive Jose Boisjoli. BRP said its revenue surged 20 per cent to $1.03 billion during the three-months ended July 31, propelling it to a $100-million profit. Its net income amounted to 89 cents per share, compared with last year's loss of $68.8 million or 61 cents per share. Shares of BRP hit an all-time high of $43.88 in early trading on the Toronto Stock Exchange, but were down 2.7 per cent at $40.39 in later trading.

Source: CBC News September 01, 2017 18:00 UTC