secwatch.observer — SEC 8-K summary
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Issuer:     BRUNSWICK CORP (BC)
CIK:        0000014930
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000014930-22-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brunswick Q1 adjusted EPS $2.53 beats; raises FY2022 EPS guidance to $9.80-$10.30
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- GAAP diluted EPS $2.25, as-adjusted $2.53, up 12.9% YoY; net sales $1.70B, up 18.3%.
- Propulsion sales +7% YoY; Mercury Marine outboard market share gained 310 bps in 24 months.
- Boat segment sales +18%; global field inventory down 6% vs Q1 2021; U.S. down 12%.
- Raised FY2022 adjusted EPS guidance to $9.80-$10.30; increased share repurchase target to $300M.
- Completed $750M debt offering; $80M in share repurchases in Q1; leverage at 1.7x net.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14930/000001493022000072/0000014930-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14930/000001493022000072/bcorp-20220428.htm
  HTML page:      https://secwatch.observer/filing/0000014930-22-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer