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GoPro Partners with Kimpex for Distribution in Canada

1. GoPro partners with Kimpex to expand Canadian distribution. 2. Kimpex serves over 2,300 dealers, boosting GoPro's market reach. 3. The deal enhances GoPro's visibility in powersports sectors. 4. Customers gain greater access to the latest GoPro products.

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FAQ

Why Bullish?

The partnership with Kimpex enhances distribution and sales potential, similar to past partnerships that led to revenue increases.

How important is it?

The article highlights a significant distribution partnership directly impacting GoPro's sales, which is crucial for their growth strategy.

Why Short Term?

Increased sales from new distribution may yield immediate financial benefits in the upcoming quarters.

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Kimpex, the Premier Powersports Distributor in Canada, to Service Network of More than 2,300 Dealers with GoPro Products, /PRNewswire/ -- Today, GoPro, Inc. (NASDAQ: GPRO) announced a new distribution partnership with Kimpex Powersports in Canada to sell GoPro products through one of the largest powersports sales networks in the region. The deal enables Kimpex to provide its network of more than 2,300 dealers with the full range of GoPro cameras and accessories. Now, customers in Canada will have greater access to a wide selection of GoPro products, including the latest products and innovations. GoPro is the ultimate powersports camera. GoPro's award-winning HyperSmooth video stabilization and durable, waterproof design deliver immersive footage, even in the most challenging conditions. "Partnering with GoPro marks an exciting chapter for Kimpex and our extensive network of dealers. GoPro is synonymous with adventure and innovation, and we couldn't be more thrilled to bring their cutting-edge products to customers across Canada," said Michel Cote, Vice President of Sales at Kimpex Canada. "This partnership not only enhances our product offering but also reinforces our commitment to providing the best gear for powersports enthusiasts. Together, we're poised to elevate the experience for our customers and inspire new adventures." Kimpex will distribute GoPro cameras and accessories to retail outlets across Canada, including on-road and off-road powersports—ATV/UTV, marine and snowmobile specialty shops and dealers. Under the new distribution agreement, Kimpex will provide select dealers with new GoPro product displays and offer training and support to help end customers shop for GoPro products. "Powersports have always been at the core of GoPro's DNA, and we're fired up to be addressing the Canadian market with Kimpex," said Dean Jahnke, GoPro's Senior Vice President of Global Sales and Channel Marketing. "Partnering with Kimpex ensures that GoPro products will be more widely available across Canada, benefiting from expanded in-store merchandising and brand presence in the region's extensive network of powersports dealers."About GoPro, Inc. (NASDAQ: GPRO)GoPro helps the world capture and share itself in immersive and exciting ways.GoPro has been recognized as an employer of choice by both Outside Magazine and U.S. News & World Report for being among the best places to work. Open roles can be found on our careers page. For more information, visit GoPro.com. Connect with GoPro on Facebook, Instagram, LinkedIn, TikTok, X, YouTube, and GoPro's blog, The Current. GoPro customers can submit their photos and videos to GoPro Awards for an opportunity to be featured on GoPro's social channels and receive gear and cash awards. Members of the press can access official logos and imagery on our press portal.GoPro, HERO and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries.SOURCE GoPro, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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