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.
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.
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).
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.
The U.S. Federal Reserve is considering a rule revision that could save major banks billions in capital. This change targets the "GSIB surcharge" imposed on global systemically important banks (GSIBs) for stability. Updates could better reflect banks' size relative to the global economy.
