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.

Brunswick beat expectations and achieved some records last quarter. While boat and propulsion sales grew, accessories sales fell year over year.

After Topping Earnings Estimates Again, This Marine Stock Is Worth a Look

FOND DU LAC, Wis., May 18, 2023 (GLOBE NEWSWIRE) -- Mercury Marine, a division of Brunswick Corporation (NYSE: BC), has entered into an agreement with JJE, an electrified propulsion leader in components, assemblies, and systems for global automotive applications. This partnership will enhance Mercury's stated goal of leading the marine industry in both internal combustion propulsion and electrification and will broaden JJE's goal to be a diversified electric powertrain supplier across several verticals.  The collaboration will enable Mercury to expand its portfolio of electric propulsion solutions – advancing to higher power electric systems.

Mercury Marine Announces Partnership with JJE to Extend Avator Electric Product Line to Higher Power Applications

METTAWA, IL, May 17, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation today published its 2022 Sustainability Report, highlighting the Company's environmental, social and governance (ESG)-focused efforts to build a more sustainable future. The global leader in recreational marine reported several new investments in renewable energy and energy efficiency technology, progress in achieving zero waste to landfill status at many facilities, the launch of new electric products, awards for workplace inclusion, and improvements in employee safety.

Brunswick Corporation Highlights Commitment to Environmental Sustainability, Social Responsibility in 2022 Sustainability Report

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Brunswick Corporation (BC) Q1 2023 Earnings Call Transcript.

Brunswick Corporation (BC) Q1 2023 Earnings Call Transcript

Brunswick (BC) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.53 per share a year ago.

Brunswick (BC) Q1 Earnings and Revenues Surpass Estimates

METTAWA, Ill., April 27, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its first quarter 2023 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 First Quarter 2023 Earnings

Brunswick (BC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Brunswick (BC) Could Beat Earnings Estimates Again

Brunswick Corp.: A Smooth-Sailing Giant Amid A Stormy Macroeconomic Environment.

Brunswick Corp.: A Smooth-Sailing Giant Amid A Stormy Macroeconomic Environment

FOND DU LAC, Wis., April 18, 2023 (GLOBE NEWSWIRE) -- Mercury Marine, a division of Brunswick Corporation (NYSE: BC), has announced the first group of Avator™ 7.5e electric outboards has shipped to global customers, representing a major milestone in Mercury's electrification strategy. The 7.5e is the first of Mercury's five Avator electric propulsion systems to be announced this year. During the 2023 Consumer Electronics Show in January, the company officially launched the 7.5e and displayed concepts of Avator 20e and 35e, both of which will be released later in 2023. Two additional electrification product announcements from Mercury will be made before the end of the year.

Mercury Marine achieves electrification milestone as first Avator™ electric outboards now shipping to global customers

METTAWA, Ill., April 10, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world's largest recreational marine technology company, announced today that effective the first quarter of 2023, it has updated its reportable segments from three segments to four - Propulsion, Engine Parts & Accessories, Navico Group and Boat. The Company's previous Parts & Accessories reportable segment will now be split into Engine Parts & Accessories and Navico Group.

Brunswick Corporation Announces Segment Reporting Changes and Date for First Quarter 2023 Financial Results and Conference Call

FOND DU LAC, Wis., April 04, 2023 (GLOBE NEWSWIRE) -- According to a new study conducted by Envision Greater Fond du Lac, Mercury Marine (a division of Brunswick Corporation (NYSE: BC), headquartered in Fond du Lac, has a $5.4 billion annual economic impact on the local Fond du Lac community – an increase of almost 10% from just three years ago.

New Study Shows Mercury Marine has $5.4 Billion Annual Economic Impact on Fond du Lac, Wisconsin Community

METTAWA, Ill. , March 29, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world's largest recreational marine technology company, has been named by Newsweek to its 2023 list of America's Most Trustworthy Companies.  Of the thousands of companies considered for this honor, only 700 made the final list and Brunswick ranked in the Top 20 companies within the Manufacturing and Industrial equipment category. The award recognizes companies across three main public pillars of trust – customer trust, investor trust, and employee trust.

Brunswick Corporation Named to Newsweek's Most Trustworthy Companies in America 2023 List

METTAWA, Ill., March 28, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) and its industry-leading brands finished off another strong Palm Beach International Boat show with record outboard market share and increased boat sales at one of the premier saltwater boat shows in the U.S.

Brunswick Corporation brands close out successful 2023 West Palm Beach International Boat Show

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VENICE, Fla., March 06, 2023 (GLOBE NEWSWIRE) -- Freedom Boat Club, the world's largest boat club operator and a division of Brunswick Corporation (NYSE: BC), today announced expansion into Puerto Rico. Freedom's flagship club in the territory will be located in Fajardo, providing access to some of the world's top fishing and top three ranked beaches in the Caribbean. This announcement represents the first boat club to operate in the territory providing members unlimited access to its fleet of boats and globally across Freedom's 380 locations through its reciprocal access program.

Freedom Boat Club Announces Puerto Rico Expansion and its First Location in Fajardo

METTAWA, Ill., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE:BC) finished another record-setting Miami International Boat Show with strong sales from its boat brands, continued Mercury Marine outboard engine share gains, multiple ACES innovation strategy related product launches across all divisions, and a record number of awards for innovation, marketing, and customer service.

Brunswick Corporation Reports Outstanding Performance During an Award-Winning Miami International Boat Show

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Dividend Champion, Contender, And Challenger Highlights: Week Of February 19

METTAWA, Feb. 15, 2023 (GLOBE NEWSWIRE) -- For the fifth consecutive year, Brunswick Corporation (NYSE: BC), the world's largest recreational marine manufacturer, has been named one of America's Best Large Employers for 2023 by Forbes magazine. Of the thousands of companies that were surveyed for this recognition, only 500 made the list and Brunswick increased its position by 49 positions compared to 2022 ranking in the top 10% at 47th overall and second within the Manufacturing category.

Brunswick Corporation Ranks in Top 10 Percent of America's Best Large Employers List 2023 by Forbes Magazine

METTAWA, Ill., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE:BC) today named John Buelow  Executive Vice President and President, Mercury Marine. John was previously Vice President, Global Operations, Mercury Marine and succeeds Chris Drees, who has decided to leave Brunswick to pursue opportunities outside the Company and the marine industry. Buelow will report to Brunswick Chief Executive Officer David M. Foulkes, effective immediately.

Brunswick Corporation Names John Buelow President - Mercury Marine

Brunswick Corporation (NYSE:BC ) Q4 2022 Results Conference Call February 2, 2023 11:00 AM ET Company Participants Neha Clark - Senior Vice President, Enterprise Finance David Foulkes - Chief Executive Officer Ryan Gwillim - Chief Financial Officer Conference Call Participants Xian Siew - Exane BNP Paribas James Hardiman - Citigroup Investment Research Fred Wightman - Wolfe Research Michael Swartz - Truist Securities Anna Glaessgen - Jefferies Eric Wold - B. Riley Scott Stember - MKM Partners Operator Good morning, and welcome to Brunswick Corporation's Fourth Quarter and Full-year 2022 Earnings Conference Call.

Brunswick Corporation (BC) Q4 2022 Earnings Call Transcript

Brunswick (BC) delivered earnings and revenue surprises of 1.02% and 4.88%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Brunswick (BC) Tops Q4 Earnings Estimates

METTAWA, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its fourth quarter and fully year 2022 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 Fourth Quarter and Full Year 2022 Earnings

METTAWA, Ill., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE:BC) and its award-winning brands have reported a strong start to the 2023 boat show season, highlighting the Company's  continued market momentum and showcasing of its ACES Innovation strategy.

Brunswick Corporation Reports Strong Performance & Engagement at Largest Global Consumer and Marine Trade Shows

MINNEAPOLIS, Minn. , Jan. 19, 2023 (GLOBE NEWSWIRE) -- MINNEAPOLIS, Minn. – January 19, 2023 – Veer Boats, a division of Brunswick Corporation (NYSE: BC) was honored with an NMMA Innovation Award at the 2023 Minneapolis Boat Show. Veer won the “Fishing Boat” category for its newly launched X13 , which debuted earlier this month at the 2023 Consumer Electronics Show (CES). The X13 is a first-of-its-kind, multivessel designed to support electric propulsion and appeal to the next generation of boaters.

Veer Wins 2023 Innovation Award

News for Brunswick Stock (BC)