Brunswick delivered a solid Q1 2025, exceeding expectations with strong performance in recurring revenue segments and improved free cash flow. While overall sales and earnings declined year-over-year, strategic initiatives helped mitigate market challenges.
Brunswick Corporation reported second-quarter results that were slightly below expectations due to high interest rates impacting consumer spending and wholesale ordering patterns. Despite these challenges, the company saw growth in its engine parts and accessories business, stability in Navico Group's aftermarket sales, and solid performance in its boat business. The company is lowering its full-year guidance to net sales of $5.2 to $5.4 billion and as adjusted diluted EPS in the range of $5.00 to $5.50.
Brunswick Corporation reported a decrease in net sales and diluted EPS for the fourth quarter of 2023 compared to the record fourth quarter of 2022. Despite a challenging macroeconomic environment, the company highlighted strong cash generation, high-horsepower outboard market share gains, and steady operating performance.
Brunswick Corporation announced preliminary financial results for the second quarter ended July 1, 2023. The results were below initial expectations due to the impacts of the recent IT security incident. Revenue was approximately $1.7B. GAAP EPS is expected to be in the range of $1.85 to $1.90, and Adjusted EPS in the range of $2.30 to $2.35.
Brunswick Corporation reported a 2.8% increase in net sales to $1,743.6 million and an adjusted EPS of $2.57 for the first quarter of 2023. The company's performance was driven by strong operational execution and new product introductions. Brunswick is reiterating its 2023 adjusted diluted EPS guidance of $9.50 - $11.00.
Brunswick Corporation reported a record second quarter with $300 million in adjusted operating earnings, along with record revenue and EPS, demonstrating exceptional performance amidst a challenging macro-economic environment. Consumer demand remained strong, and the company maintained a focus on cost control and operational efficiencies.
Brunswick Corporation reported a strong fourth quarter and full-year results for 2021, with record sales and earnings. The company's performance was driven by strong global demand for marine products, market share gains, and higher pricing.