secwatch.observer — SEC 8-K summary
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Issuer:     BRUNSWICK CORP (BC)
CIK:        0000014930
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0000014930-24-000151
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brunswick Q3 net sales $1.27B (-20.1% YoY); GAAP EPS $0.71, adjusted $1.17; FY2024 adjusted EPS guidance ~$4.50
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- Q3 GAAP diluted EPS $0.71 (down 56.4%); adjusted diluted EPS $1.17 (down 51.7%).
- Net sales $1,273.3M, down 20.1% YoY; Propulsion -32%, Boat -19%, Navico Group -14%, Engine P&A -3%.
- Engine Parts & Accessories record 26% operating margin; Freedom Boat Club contributed ~12% of Boat segment sales.
- FY2024 guidance: net sales $5.1-5.2B, adjusted EPS ~$4.50, free cash flow ~$250M, share repurchases ~$200M.
- Credit facility increased to $1.0B, maturity extended to 2029; $190M in share repurchases YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14930/000001493024000151/0000014930-24-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14930/000001493024000151/bcorp-20241024.htm
  HTML page:      https://secwatch.observer/filing/0000014930-24-000151

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