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., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) (“Brunswick”) today announced the pricing terms of its previously announced tender offers (the “Tender Offers”) to purchase for cash any and all of its outstanding 7.375% Debentures due 2023 (the “7.375% Debentures”) and 7.125% Notes due 2027 (the “7.125% Notes” and, together with the 7.375% Debentures, the “Securities”).

Brunswick Corporation Announces Reference Yield and Total Consideration for its Any and All Tender Offers

METTAWA, Ill., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) (“Brunswick”) today announced that it has commenced tender offers to purchase for cash the debt securities listed in the tables below (collectively, the “Securities” and each a “series”).

Brunswick Corporation Announces Tender Offers For Outstanding Debt Securities

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Brunswick (BC) Stock Undervalued Right Now?

Brunswick Corporation (BC) CEO Dave Foulkes on Q2 2021 Results - Earnings Call Transcript

Brunswick (BC) delivered earnings and revenue surprises of 19.43% and 4.40%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Brunswick (BC) Tops Q2 Earnings and Revenue Estimates

Shares of Brunswick (NYSE:BC) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 154.55% year over year to $2.52, which beat the estimate of $2.14.

Recap: Brunswick Q2 Earnings

METTAWA, Ill., July 29, 2021 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) today has released its second quarter 2021 financial results. A complete and full-text financial results press release is available on the Company's website at www.brunswick.com .  The results will also be available on the SEC's website with the Form 8-K filing of the release at https://goo.gl/wJQN1 .

Brunswick Corporation Releases Second Quarter 2021 Earnings

METTAWA, Ill., July 27, 2021 (GLOBE NEWSWIRE) -- For the second consecutive year, Brunswick Corporation (NYSE: BC) has been named by Forbes and Statista to the 2021 “America's Best Employers for Women” list.  From the thousands of companies that were considered for this honor, only 300 made the final list.  Brunswick ranked No. 2 overall in the Engineering and Manufacturing category.

Brunswick Corporation Named to the 2021 Forbes “America's Best Employers for Women” list for the Second Consecutive Year

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METTAWA, Ill., July 13, 2021 (GLOBE NEWSWIRE) -- ﻿During its 2021 Investor Day presentation in May, Brunswick Corporation (NYSE: BC) unveiled the “Next Wave” of the Company's strategy highlighting the next phase of business evolution, products, technologies, unique experiences, and enterprise synergies. Brunswick has already begun to elevate the boating experience and appeal to an expanded demographic through execution of its ACES (autonomous, connected, electrification, shared access) strategy and other consumer-focused initiatives.

Brunswick Corporation Continues to Execute on its Next Wave Strategy with Multiple Industry Changing Initiatives

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Freedom Boat Club, a division of Brunswick Corporation (NYSE: BC), has acquired Fanautic Club for an undisclosed sum. Fanautic boat club has 23 locations in major coastal cities and tourist centers across Spain.

Freedom Boat Club Expands To Spain By Acquiring Fanautic For Undisclosed Sum

VENICE, Fla., July 09, 2021 (GLOBE NEWSWIRE) -- Freedom Boat Club, the world's largest boat club operator and a division of Brunswick Corporation (NYSE: BC), today announced the acquisition of Fanautic Club , one of the largest European boat clubs with 23 locations in major coastal cities and tourist centers across Spain. This acquisition accelerates Freedom's growth in Europe and marks the third European country to be a home to Freedom Boat Club locations, following France and the United Kingdom.

Freedom Boat Club Announces Acquisition of Fanautic Club; Adding 23 Locations Across Spain to Accelerate European Expansion

KNOXVILLE, Tenn., July 08, 2021 (GLOBE NEWSWIRE) -- Heyday Wake Boats, a division of Brunswick Corporation (NYSE: BC), today announced the launch of the H22, the newest addition to Heyday's iconic lineup that sets the standard for the next generation of performance, design and accessibility in the wake boat category.

Heyday Launches H22 – Introducing the Next Generation of Wake Boats

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3 Stocks to Watch as Demand for Boating Remains Robust

METTAWA, Ill., July 08, 2021 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) will release its second quarter 2021 financial results on Thursday July 29, 2021, before the market opens by way of an advisory release, notifying the public that the complete and full-text results will be 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 Schedules Second Quarter Earnings Conference Call July 29

Brunswick Corporation (NYSE:BC) is an American company that develops, manufactures, and markets a wide variety of recreational boating products.

Is This Brunswick Stock Headed For Choppy Waters?

METTAWA, Ill., June 30, 2021 (GLOBE NEWSWIRE) -- Two of Brunswick Corporation's leading boat brands, Boston Whaler and Sea Ray, today announced the launch of the “ MyWhaler ” and “ Sea Ray+ ” apps, designed to improve the boat ownership experience by reducing friction across the entire ownership journey. The apps, which were officially announced during Brunswick's Next Wave Investor Day in May, punctuate Brunswick's ACES strategy with an off-board platform that highlights the Company's leadership in the marine app marketplace.

Boston Whaler and Sea Ray Launch New Apps to Enhance the Boat Ownership Experience

Boat maker Brunswick will have low inventory by the end of 2021 as it continues seeing strong revenue growth and demand, CEO David Foulkes told CNBC.

Boat maker Brunswick sees revenue growth but faces low inventory levels due to consumer demand, CEO says

LONDON--(BUSINESS WIRE)--Goldman Sachs Asset Management Division (“Goldman Sachs”) and Altor Fund IV (“Altor”) today announced that they have agreed to sell Navico, a global leader in marine electronics, to Brunswick Corporation (NYSE: BC), the largest recreational marine company in the world. Navico is a leading provider of marine electronics to the recreational segment, selling its products under the Lowrance, Simrad, B&G, and C-MAP brands, and offering a full range of advanced marine ele

Goldman Sachs Asset Management and Altor Announce the Sale of Navico, a Global Leading Marine Electronics Company, to Brunswick Corporation for $1.05bn

Brunswick Corporation (NYSE: BC) has agreed to acquire Navico, a specialist marine electronics company, for $1.05 billion. Brunswick will be using a combination of debt and cash on its balance sheet to fund the acquisition.

Brunswick To Buy Navico For $1.05B

METTAWA, Ill., June 24, 2021 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) today announced that it has entered into a definitive agreement to acquire Navico, a global leader in marine electronics and sensors for $1.05 billion. As a result of this acquisition, Brunswick will add the industry leading brands of Lowrance, Simrad, B&G, and C-MAP to its Advanced Systems Group (ASG), which includes the leading Parts & Accessories (P&A) brands in power management, digital control and monitoring, and networked devices.

Brunswick to Acquire Navico; Will Enhance Leadership Position in Marine Technology and Strengthen Global Parts & Accessories Business

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News for Brunswick Stock (BC)