Brunswick

Brunswick Corp. engages in the design, manufacture, and marketing of recreational marine products, including marine engines, boats, and parts and accessories for those products. It operates through the following segments: Propulsion, Parts and Accessories, Boat, and Corporate/Other. The Propulsion segment manufactures a full range of outboard, sterndrive, and inboard engines, as well as propulsion-related controls, propellers, and rigging parts and accessories. The Parts and Accessories segment supplies engine parts and consumables, such as oils and lubricants, electrical products, boat parts and systems. The Boat segment designs and makes boats and products such as Sea Ray sport boats and cruisers, Bayliner sport cruisers, runabouts, Heyday wake boats, Boston Whaler fiberglass offshore boats, Lund fiberglass fishing boats, Crestliner, Cypress Cay, Harris, Lowe, Lund, and Princecraft aluminum fishing, utility, pontoon boats, and deck boats, and Thunder Jet heavy-gauge aluminum boats. The Corporate/Other segment includes corporate staff and administrative costs, investments in technology solutions, business development and other growth-related expenses, including IT enhancements. The company was founded by John Brunswick in 1845 and is headquartered in Mettawa, IL.

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Brunswick reports record 2022 performance, eyes growth amid challenges

Brunswick's strong performance in 2022 marked by record net sales and operating earnings, driven by growth across segments.
Despite challenges like supply chain disruptions and tariff impacts, Brunswick remains optimistic about future growth opportunities.
Strategic strengths in capacity expansion, market share gains, and product focus position Brunswick well for continued success.
Opportunities in post-COVID boating trends and industry outlook present avenues for sustained growth and market leadership.

Brunswick reports record Q1 sales and earnings, faces supply chain challenges

Brunswick had a strong start to 2023 with record sales and earnings, facing challenges from external factors and supply chain issues.
The company showcased strengths in cash flow, brand performance, and product pipeline, with opportunities for growth in various segments.
Management remains cautious yet optimistic about future performance, emphasizing strategic investments and overcoming challenges.
Overall, Brunswick's Q1 performance reflects resilience and adaptability in a dynamic market environment.

Brunswick reports resilient Q2 performance amidst challenges and growth opportunities

Despite challenges from external factors and IT Security Incident impacts, Brunswick demonstrated resilience with strong financial performance and strategic growth initiatives. The company's focus on innovation, customer engagement, and operational improvements positions it well for future success in the marine industry.

Brunswick reports strong Q3 earnings, eyes growth amid challenges

Despite challenges, Brunswick Corporation delivered solid earnings and free cash flow in Q3 2023, focusing on strategic priorities like electrification initiatives.
The company expects its second-best year ever, with strong order commitments for 2024 and a favorable cost environment anticipated.
Consumer and dealer sentiment remains stable, with Brunswick's brands continuing to attract new boaters and maintain market share.
Efforts to control costs, navigate market uncertainties, and provide easier financing options position Brunswick well for future growth and resilience.

Brunswick reports robust 2023 performance, eyes growth amid challenges

Brunswick's strong 2023 performance, efficient operations, and innovation showcase resilience and growth potential in a challenging market environment.
While facing challenges like input cost inflation and cautious ordering, the company's strategic acquisitions and product launches position it for future success.
Opportunities for margin expansion, market share growth, and cost efficiencies provide a positive outlook for Brunswick's 2024 performance.
Overall, Brunswick's financial health, product recognition, and focus on new products position it well for continued success and shareholder value creation.

Brunswick reports solid Q1 performance, focuses on innovation and affordability

Brunswick had a strong Q1 performance with notable achievements and challenges. The company is leveraging strengths in cash management and product innovation while addressing challenges in certain business segments. Opportunities lie in market share gains, cost optimization, and strategic product launches.

Brunswick Q2 2024 Earnings: Challenges Amidst Strategic Growth Initiatives

Despite facing challenges from high interest rates and slower retail sales, Brunswick remains focused on delivering value to shareholders, controlling costs, and driving innovation. The company's recurring revenue businesses and commitment to new product developments highlight its resilience and long-term growth strategy. Brunswick's strategic initiatives and preparations for market growth opportunities in 2025 underscore its proactive approach to navigating current market conditions.

Brunswick reports solid Q3 earnings amidst marine market challenges

Brunswick navigated challenges in the marine market to deliver solid Q3 results, driven by recurring revenue businesses and prudent capital management.
While facing declines in boat sales, the company demonstrated strengths in engine parts and accessories, and propulsion market share gains.
Opportunities lie in leveraging strong performance areas, new product introductions, and upcoming launches to drive future growth and market share.

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Brunswick Corp. engages in the design, manufacture, and marketing of recreational marine products, including marine engines, boats, and parts and accessories for those products. It operates through the following segments: Propulsion, Engine P&A, Boat, and Novico Group. The Propulsion segment manufactures a full range of outboard, sterndrive, and inboard engines, as well as propulsion-related controls, propellers, and rigging parts and accessories. The Engine P&A segment manufactures, markets, supplies and distributes products for both marine and non-marine markets. The Boat segment designs and makes boats and products such as Sea Ray sport boats and cruisers, Bayliner sport cruisers, runabouts, Heyday wake boats, Boston Whaler fiberglass offshore boats, Lund fiberglass fishing boats, Crestliner, Cypress Cay, Harris, Lowe, Lund, and Princecraft aluminum fishing, utility, pontoon boats, and deck boats, and Thunder Jet heavy-gauge aluminum boats. The Navico Group segment designs, develops, manufactures, and markets products and systems for the marine, RV, specialty vehicle, mobile and industrial markets, as well as aftermarket channels. The company was founded by John Brunswick in 1845 and is headquartered in Mettawa, IL.

METTAWA, Ill., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) today revealed another record-breaking performance at the 2024 Ft. Lauderdale International Boat Show (FLIBS), with continued outboard engine market share growth and record unit sales for several of its premium brands. Some notable highlights for Brunswick during this five-day event included:

Brunswick Corporation Reports Another Successful Ft. Lauderdale International Boat Show with Record Sales and Continued Share Gains

METTAWA, Ill., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation  (NYSE: BC), the world's largest recreational marine technology company, has been named one of the ‘ World's Top Companies for Women ' by Forbes for its leadership in supporting women in the workplace. Of the thousands of companies that were surveyed for this recognition, only 400 made the list and Brunswick finished in the top half overall.

Brunswick Corporation Named One of the ‘World's Top Companies for Women 2024' by Forbes

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3 Dividends With More than 5% Yields to Buy in November

I maintain a hold rating for Brunswick Corporation due to the lack of demand recovery and weak market conditions. 3Q24 results were disappointing, with revenue and EPS falling below consensus estimates, driven by significant declines in boat and propulsion segments. The FY25 EPS guide is conservative, but the market is pricing in a recovery that may not materialize, posing downside risks.

Brunswick Corporation: Valuation Is Pricing A Recovery Next Year

Brunswick Corporation (NYSE:BC ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Neha Clark - Senior Vice President, Enterprise Finance Dave Foulkes - Chief Executive Officer Ryan Gwillim - Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan James Hardiman - Citi Megan Alexander - Morgan Stanley Fred Wightman - Wolfe Research Craig Kennison - Baird Mike Swartz - Truist Securities Xian Siew - BNP Paribas Joe Altobello - Raymond James Operator Good morning, welcome to Brunswick Corporation's Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode until the question and answer period.

Brunswick Corporation (BC) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Brunswick (BC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Brunswick (BC) Reports Q3 Earnings: What Key Metrics Have to Say

Brunswick (BC) came out with quarterly earnings of $1.17 per share, missing the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $2.42 per share a year ago.

Brunswick (BC) Misses Q3 Earnings Estimates

METTAWA, Ill., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its third quarter 2024 financial results.  A complete and full-text financial results press release is available on the Company's website at  https://ir.brunswick.com .  The results will also be available on the SEC's website with the Form 8-K filing of the release at  http://goo.gl/wJQN1 .

Brunswick Corporation Releases 2024 Third Quarter Earnings

Evaluate the expected performance of Brunswick (BC) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Unveiling Brunswick (BC) Q3 Outlook: Wall Street Estimates for Key Metrics

Brunswick (BC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Brunswick (BC) Q3 Earnings Expected to Decline

METTAWA, Ill., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Brunswick Corporation (NYSE: BC) has approved a quarterly dividend on its common stock of $0.42 per share.

Brunswick Corporation Announces Quarterly Dividend

METTAWA, Ill., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), will announce its 2024 third quarter earnings on Thursday October 24, 2024 .

Brunswick Corporation to announce 2024 Third Quarter Earnings on October 24

CANNES, France, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation, (NYSE: BC), and many of its industry leading brands, wrapped up another successful Cannes Yachting Festival with leading market share, new product introductions, and another significant accolade for Brunswick Boat Group. The event featured displays from Sea Ray, Boston Whaler, Navan, Navico Group products, Mercury Marine, and Flite, showcasing the Company's global customer appeal and collaboration among Brunswick's divisions.

Brunswick Corporation's award-winning 2024 Cannes Yachting Festival includes new product announcements and leading market share

Brunswick's Freedom Boat Club boosts footprint with a significant acquisition in South Florida, adding 13 corporate locations and enhancing regional growth.

BC's Freedom Boat Club Expands South Florida Operations

VENICE, Fla., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Today, Freedom Boat Club, the world's largest boat club operator and a Brunswick Corporation (NYSE: BC) brand, announced its acquisition of the South Florida franchise operations and territory. Through this acquisition, Freedom Boat Club adds 13 corporate locations from Pompano Beach to Stuart, Florida, with the rights to expand throughout the Southeast Florida coastline.  

Freedom Boat Club Acquires South Florida Franchise Operation and Territory, Accelerating Growth and Expanding its Southeast Florida Corporate Territory

METTAWA, Ill., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world's largest recreational marine technology company, today announced the Company has been named to Newsweek's list of the World's Most Trustworthy Companies for the second consecutive year. Brunswick was listed in the Machines and Industrial Equipment category reflecting the Company's commitment to continuously improving employee experiences, driving customer loyalty, and building investor confidence.

Brunswick Corporation Named One of the World's Most Trustworthy Companies by Newsweek for the Second Consecutive Year

METTAWA, Ill., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation, (NYSE: BC), the world's leading marine technology company, is announcing the following changes to its organization that are aimed at further broadening the experience of its senior leadership team.

Brunswick Corporation Announces Organizational Changes

2Q24 results were disappointing, with total sales falling 15% below guidance, driven by Boat and Propulsion segment declines. The weak demand environment expected to persist, with management revising FY24 EPS guidance downward. Uncertainty in near-term performance, with potential for stock to move up if a rate cut ignites demand recovery or down if demand weakness continues.

Brunswick: No Confidence On Near-Term Performance, Hold

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Brunswick Corporation (NYSE:BC ) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Neha Clark - Senior Vice President, Enterprise Finance Dave Foulkes - Chief Executive Officer Ryan Gwillim - Chief Financial Officer Conference Call Participants Fred Wightman - Wolfe Research Michael Swartz - Truist Securities Matthew Boss - JPMorgan Megan Alexander - Morgan Stanley Investment Managers Xian Siew - BNP Paribas Asset Management Craig Kennison - Baird Operator Good morning, and welcome to Brunswick Corporation's Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode until the question-and-answer period.

Brunswick Corporation (BC) Q2 2024 Earnings Call Transcript

Brunswick reported Q2 results with a sharper-than-expected earnings decline. The 2024 guidance was also lowered, as Brunswick now expects the industry weakness to persist longer than previously thought. Brunswick's revenues are still outperforming peers, and the company's earnings are resilient overall.

Brunswick Q2: Deeper Temporary Weakness, But A More Attractive Valuation

While the top- and bottom-line numbers for Brunswick (BC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Brunswick (BC) Q2 Earnings: A Look at Key Metrics

Brunswick (BC) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.35 per share a year ago.

Brunswick (BC) Q2 Earnings and Revenues Miss Estimates

METTAWA, Ill., July 25, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its second quarter 2024 financial results.  A complete and full-text financial results press release is available on the Company's website at  https://ir.brunswick.com .  The results will also be available on the SEC's website with the Form 8-K filing of the release at  http://goo.gl/wJQN1 .

Brunswick Corporation Releases 2024 Second Quarter Earnings

METTAWA, Ill., July 24, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation, (NYSE:BC), the world's leading marine technology company, has been recognized on TIME's inaugural list of America's Best Midsize Companies for 2024. Of the 500 companies recognized, Brunswick ranked No. 1 within the Engineering and Manufacturing category and 27th overall. This award reflects Brunswick's exceptional performance in three focus areas: employee satisfaction, revenue growth, and sustainability transparency.

News for Brunswick Stock (BC)