secwatch.observer — SEC 8-K summary
======================================

Issuer:     BRUNSWICK CORP (BC)
CIK:        0000014930
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0000014930-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brunswick reports record FY2022 revenue and earnings; guides FY2023 EPS $9.50-$11.00
--------------------------------------------------------------------------------

- Full-year net sales $6,812M (+16.5% YoY); GAAP diluted EPS $9.06; adjusted diluted EPS $10.03 (+21.1%).
- Q4 net sales $1,582.7M (+10.6% YoY); GAAP diluted EPS $1.93; adjusted diluted EPS $1.99 (+38.2%).
- Propulsion segment sales +17% in Q4; boat segment adjusted operating margin hit 10.2% for full year.
- 2023 guidance: net sales $6.8-7.2B; adjusted diluted EPS $9.50-$11.00; free cash flow >$375M.
- Mercury outboard gained ~300 bps U.S. retail share since Dec 2019; Fond du Lac capacity expansion materially complete.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14930/000001493023000009/0000014930-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14930/000001493023000009/bcorp-20230202.htm
  HTML page:      https://secwatch.observer/filing/0000014930-23-000009

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