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. 03, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) announced today the formation of Navico Group, which will replace its current Advanced Systems Group (ASG). Navico Group will continue to be led by Brett Dibkey and represents a complete organizational integration between the legacy ASG business with two key acquisitions that were completed in late 2021 – Navico and RELiON Battery LLC.   The newly formed Navico Group will be comprised of numerous industry leading brands that serve the marine, RV, specialty vehicle, and industrial markets.   Some of the many brands that make up Navico Group include: Ancor, Attwood, B&G, BEP, Blue Sea Systems, C-MAP, CZone, Garelick, Lenco, Lowrance, Mastervolt, Marinco, MotorGuide, Progressive Industries, ProMariner, RELiON, Simrad, and Whale.

Brunswick Corporation Establishes Navico Group – the marine industry's leading supplier of integrated systems and products

The consensus price target hints at a 25.8% upside potential for Brunswick (BC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Brunswick (BC) Have the Potential to Rally 26% as Wall Street Analysts Expect?

Brunswick Corporation (NYSE:BC ) Q2 2022 Earnings Conference Call July 28, 2022 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 Xian Siew - BNP Paribas James Hardiman - Citi Kevin Heenan - JPMorgan Anna Glaessgen - Jefferies Fred Wightman - Wolfe Research Scott Stember - MKM Partners Mike Swartz - Truist Securities Joe Nolan - Longbow Research Joe Altobello - Raymond James Craig Kennison - Baird Operator Good morning, and welcome to Brunswick Corporation's Second Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode until the question-and-answer session period.

Brunswick Corporation (BC) CEO Dave Foulkes on Q2 2022 Results - Earnings Call Transcript

Brunswick (BC) delivered earnings and revenue surprises of 4.06% and 1.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Brunswick (BC) Q2 Earnings and Revenues Beat Estimates

METTAWA, Ill., July 28, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its second quarter 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 Second Quarter 2022 Earnings

MERRITT ISLAND, Fla., July 27, 2022 (GLOBE NEWSWIRE) -- Boateka, Brunswick Corporation's (NYSE:BC) certified pre-owned boat business, announced today that it has opened a fully-integrated refurbishment and sales center in Merritt Island, Florida. The new 22,000-square-foot location is designed to enhance the boat-buying experience and provide continued synergies between Freedom Boat Club, Brunswick Boat Group, Mercury Marine, and Brunswick's global parts and accessories businesses.

Brunswick Corporation Strengthens its Pre-Owned Boat Business as Boateka Opens Fully Integrated Sales and Refurbishment Center in Florida

What we find most exciting about Brunswick Corporation is their 'ACES' innovation strategy. This includes innovation in Autonomy/ADAS, Connectivity, Electrification, and Shared-access. We view Brunswick Corporation as an above-average risk investment, given that it operates in the highly discretionary leisure industry, and that the company carries a significant amount of debt.

Brunswick Corporation: Bargain Valuation And Electric Boats Optionality

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.

Can Brunswick (BC) Keep the Earnings Surprise Streak Alive?

Brunswick (NYSE: BC) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, BC broke through the 50-day moving average, which suggests a short-term bullish trend.

Brunswick (BC) Just Overtook The 50-Day Moving Average

Is it a good or bad thing when a stock surpasses resistance at the 50-day simple moving average?

Brunswick (BC) Just Overtook the 50-Day Moving Average

METTAWA, Ill., July 07, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) will release its second quarter 2022 financial results on Thursday July 28, 2022, 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 28

METTAWA, Ill., June 10, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), the world's largest recreational marine manufacturer, has been named a Maverick Award finalist for the 2022 Adobe Experience Maker Awards, a program that honors the top 25 individuals, companies, and teams creating the most innovative and impactful customer experiences using Adobe Experience Cloud solutions.  With more than 18,500 employees globally, Brunswick is home to the largest portfolio of boat brands, a leading engine manufacturer in Mercury Marine, the industry's largest global parts and accessories businesses and the largest boat club in the world in Freedom Boat Club.

Brunswick Corporation Named a 2022 Adobe Experience Maker Awards Finalist for Innovating Impactful Digital Customer Experiences

Brunswick Corp is coming off a record 2021 amid strong trends in the boating industry. Shares have been under pressure amid the broader market selloff and macro concerns even as the company last revised earnings guidance higher.

Brunswick Corporation: Bullish On Transformative 'ACES' Marine-Tech Strategy

METTAWA, Ill., June 08, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) Chief Executive Officer David M. Foulkes and Executive Vice President and Chief Financial Officer Ryan M. Gwillim will present at the Baird 2022 Global Consumer, Technology and Services Conference, today, June 8, at the InterContinental New York Barclay in New York, N.Y.  The presentation will be webcast live at approximately 10:50am EDT.

Brunswick Corporation to Present at the Baird 2022 Consumer, Technology and Services Conference

METTAWA, Ill., June 06, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation announced that (NYSE: BC) Freedom Boat Club this week is expected surpass 50,000 memberships across its 360 global locations, made up of both corporate locations and a continually growing network of franchise partners. Freedom's 50,000 memberships cover more than 75,000 global members constituting a growing, energetic, and diverse community of boating enthusiasts.  Freedom has become a catalyst for new and future generations of boating participation, strengthening the entire industry.

Freedom Boat Club Expansion Further Accelerates Growth of Brunswick's Recurring Revenue Businesses

Applied Materials

D.R. Horton

MKS Instruments

Target

Walmart

The stock market coughed up 17% of its value from Jan. 3 to May 24. That provides investors with an opportunity for a portfolio upgrade.

Finding Opportunity in This Year's Decline

VENICE, Fla., May 10, 2022 (GLOBE NEWSWIRE) -- Freedom Boat Club, operator of the largest fleet of recreational boats in the world and part of Brunswick Corporation (NYSE: BC), announced today that it has acquired the Freedom Boat Club of Tampa Bay franchise operation and territory – the largest territory in the Freedom network. This acquisition includes all 30 current Tampa Bay-based locations, as well as the rights to expand and build new club locations throughout the territory. Located directly north of the Company's Southwest Florida corporate territory and headquarters in Venice, Florida, this acquisition will establish two adjacent corporate-owned club territories with over 50 locations spanning from Crystal River to Marco Island, creating operational efficiencies and enhanced synergies for Freedom.

Freedom Boat Club Acquires Tampa Bay Franchise Operation – the Largest Territory in the Freedom Network

METTAWA, Ill., May 09, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) announced today that it has named Neha Clark Senior Vice President, Enterprise Finance replacing Brent Dahl who has been appointed to Chief Financial Officer of Brunswick Boat Group. Clark is promoted to a new position that will oversee three global finance functions and teams across the Brunswick enterprise, including Investor Relations, Treasury and Mergers & Acquisitions.

Brunswick Corporation names Neha Clark Senior Vice President, Enterprise Finance & Brent Dahl CFO, Brunswick Boat Group

Brunswick Corporation (NYSE:BC ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Brent Dahl - Vice President of Investor Relations David Foulkes - Chief Executive Officer Ryan Gwillim - Chief Financial Officer Conference Call Participants Xian Siew - BNP Paribas James Hardiman - Citigroup Michael Swartz - Truist Securities Anna Glaessgen - Jefferies Kevin Heenan - JP Morgan Fred Wightman - Wolfe Research Joe Altobello - Raymond James Eric Wold - B. Riley David MacGregor - Longbow Research Derrick Johnson - BMO Capital Markets Operator 00:04 Good morning, and welcome to Brunswick Corporation's First Quarter 2022 Earnings Conference Call.

Brunswick Corporation (BC) CEO David Foulkes on Q1 2022 Results - Earnings Call Transcript

Brunswick (BC) delivered earnings and revenue surprises of 8.58% and 2.99%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Brunswick (BC) Surpasses Q1 Earnings and Revenue Estimates

METTAWA, Ill. , April 28, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) today, won a record seven Boating Industry Magazine 2022 Top Product Awards underscoring the Company's strong and diverse portfolio of brands.  The awards are given to “the marine industry's best new and innovative products” and represent the largest number of Top Product Awards given to Brunswick brands in one year by the magazine.

Brunswick Corporation Brands Win Seven Top Product Awards from Boating Industry Magazine

METTAWA, Ill., April 28, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its first quarter 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 First Quarter 2022 Earnings

VENICE, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- Freedom Boat Club, operator of the largest fleet of recreational boats in the world, and a division of Brunswick Corporation (NYSE: BC), today announced its 350th location, representing another major milestone in its rapid growth and a more than doubling of the number of locations in the Freedom network since the company was acquired by Brunswick in May 2019.  Over the past three years, Freedom has added 180 new locations, executing on its strategic plan to expand boating participation through convenient, shared-access models.

Freedom Boat Club Doubles in Size Since Brunswick Acquisition; Announces 350th Location

METTAWA, Ill., April 26, 2022 (GLOBE NEWSWIRE) -- Recognizing its strong and ongoing commitment to being a diverse and inclusive employer, Forbes has named Brunswick Corporation  (NYSE:BC) to its 2022 list of America's Best Employers for Diversity for the third consecutive year. Of the 500 companies honored, Brunswick ranked among the top 35 percent overall and in the Top 10 in the Engineering and Manufacturing category.

Brunswick Corporation Named to Forbes' List of America's Best Employers for Diversity for the Third Consecutive Year

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.

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