other material
confidence high
sentiment neutral
materiality 0.50
Brunswick realigns segments into Propulsion, Engine Parts & Accessories, Navico Group, Boat
BRUNSWICK CORP
- Changed reportable segments effective Q1 2023 to Propulsion, Engine Parts & Accessories, Navico Group, and Boat.
- Navico Group combines legacy ASG with Navico and RELiON acquisitions; Engine Parts & Accessories includes engine parts, consumables, distribution.
- Restated full-year 2022: Propulsion $2,824M sales, Engine Parts & Accessories $1,310.2M, Navico Group $1,069.3M, Boat $2,119.4M.
- Restated full-year 2022 GAAP operating earnings $947.8M; adjusted $1,048.7M.
- Prior periods restated include 2021 full year and all quarters of 2022.