Brunswick Corporation is a leading manufacturer and marketer of recreational boating products and accessories
The company operates through various divisions, including marine engines, boats, and fitness products, and offers a wide range of brands that cater to both the marine and fitness markets. Brunswick is known for its innovation and commitment to sustainability, continuously developing new technologies and solutions to enhance the boating experience. Additionally, the company focuses on providing quality customer service and support, building strong relationships with its customers and dealers in the global market.
Boat and marine manufacturer Brunswick (NYSEBC) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 15.2% year on year to $1.15 billion. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $1.1 billion was less impressive, coming in 12.6% below expectations. Its non-GAAP profit of $0.24 per share was 39.7% above analysts’ consensus estimates.
METTAWA, Ill., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSEBC), the world’s largest marine technology company and many of its award-winning brands, have reported record performance at several of the major early-season trade and boat shows.
METTAWA, Ill., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSEBC), today, released its fourth quarter and full year 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.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the leisure products industry, including Latham (NASDAQSWIM) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Clarus (NASDAQCLAR) and its peers.
METTAWA, Ill., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Dave Foulkes, Chief Executive Officer of Brunswick Corporation, has been named to Crain’s Chicago Business 2025 Who’s Who list for the second consecutive year. This prestigious annual feature highlights over 400 of Chicago’s most influential leaders across diverse industries, including business, art, government, healthcare, cultural institutions, and nonprofits. Foulkes was one of just 12 distinguished leaders recognized in the Autos, Manufacturing, and Utilities sector.
METTAWA, Ill., Jan. 20, 2025 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSEBC), the world’s largest marine technology company, has been named to Forbes' inaugural 2025 list of America’s Most Trusted Companies. Among the thousands of companies that were researched for this honor, only 300 made the final list. Brunswick ranked eighth within the Engineering and Manufacturing category.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how leisure products stocks fared in Q3, starting with MasterCraft (NASDAQMCFT).
METTAWA, Ill., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSEBC) will release its 2024 fourth quarter and full year financial results on Thursday, January 30, 2025 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.
LAS VEGAS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSEBC), the global leader in marine technology, will display it’s broad, industry-leading technology portfolio and debut its ‘Boating Intelligence’ initiative at the 2025 Consumer Electronics Show (CES) in Las Vegas. Boating Intelligence is a comprehensive initiative to enhance Brunswick’s ACES (Autonomous, Connected, Electrified, and Shared) strategy by incorporating AI capabilities and features into its products to deliver simpler, safer, smarter, and more sustainable boating.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Brunswick (NYSEBC) and the best and worst performers in the leisure products industry.
Looking back on leisure products stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Solo Brands (NYSEDTC) and its peers.
Brunswick has been treading water for the past six months, recording a small loss of 1.6% while holding steady at $73.59. The stock also fell short of the S&P 500’s 10.4% gain during that period.
METTAWA, Ill., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSEBC) 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:
METTAWA, Ill., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSEBC), 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.
PALM BEACH, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts are predicting that the Global Electric Boat market is expected to continue to its substantial growth at a for years to come. A recent report released on November 9, 2024 said that: “The Electric Boat market is expected to grow from USD 7,964.355 million in 2024 to USD 20,217.86 million by 2032, at a compound annual growth rate (CAGR) of 12.35%. As sustainability becomes a top priority for consumers, there is a noticeable shift towards eco-friendly transportation options like electric boats. These vessels cater to those seeking peaceful recreational experiences such as fishing, cruising, and sightseeing, while also appealing to individuals who prioritize environmental impact. Electric boats are also gaining traction among high-end consumers due to their association with luxury, exclusivity, and innovative design, offering a premium, sustainable boating experience. The Electric Boat market is driven by the increasing demand for eco-friendly transportation solutions, advancements in battery technology, and government regulations promoting sustainable maritime practices. The growing focus on reducing carbon emissions and operating costs is accelerating the adoption of electric boats across commercial and recreational sectors. Additionally, the rise in consumer awareness regarding environmental issues and the shift towards renewable energy sources further fuel market growth. Key trends include the development of more efficient and longer-lasting batteries, expanding electric boat infrastructure, and the introduction of innovative designs to improve performance and affordability.” Active companies in the markets this week include: Vision Marine Technologies Inc. (NASDAQVMAR), Tesla, Inc. NASDAQ: TSLANASDAQTSLA)(NYSE: WGONYSEWGO, Brunswick Corporation (NYSE: BCNYSE), MasterCraft Boat Holdings, Inc. (NASDAQ: MCFTMCFT).
METTAWA, Ill., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSEBC), 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.
