secwatch.observer — SEC 8-K summary
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Issuer:     BRUNSWICK CORP (BC)
CIK:        0000014930
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000014930-23-000177
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brunswick Q3 GAAP EPS $1.63, adj $2.42; FY adj EPS guide ~$9.00
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- Net sales $1,593.6M down 6.2% YoY; GAAP op earnings $196.1M down 17.5%; GAAP diluted EPS $1.63 down 27.9%.
- Adjusted diluted EPS $2.42 down 9.4%; adjusted op margin 14.4% down 200 bps.
- Propulsion segment sales up 1% on high-hp outboards; Boat segment sales down 16%.
- FY23 guidance: net sales $6.45-6.5B, adj diluted EPS ~$9.00, free cash flow >$375M.
- YTD free cash flow $233M above prior year; share repurchases $220M in nine months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14930/000001493023000177/0000014930-23-000177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14930/000001493023000177/bcorp-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000014930-23-000177

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