Highest-materiality recent filing
Brunswick Q2 GAAP EPS $1.66, adj. EPS $1.56; raises FY2026 guidance to $4.35-$4.75
Net sales $1,557.8M (+7.7% YoY); GAAP diluted EPS $1.66 (+84.4% YoY); adj. diluted EPS $1.56 (+34.5% YoY).
Brunswick Q1 revenue up 13% to $1.38B; adj. EPS $0.70 beats; raises FY outlook to $4.00-$4.50
Net sales $1,378.1M (+13% YoY); GAAP EPS $0.32; adjusted EPS $0.70 (+25% YoY).
Full-year 2025 net sales $5,362.8M (+2.4% YoY); GAAP EPS $(2.06), adjusted EPS $3.27 (-28.4% YoY).
Brunswick increases tender cap to $100M for 5.100% 2052 notes; ~90% proration applies
Tender cap raised from $50M to $100M for $300M outstanding 5.100% Senior Notes due 2052.
Brunswick launches tender offer for up to $50M of its 5.100% Senior Notes due 2052
Tendering up to $50M of $300M outstanding 5.100% Senior Notes due 2052.
Full redemption of $185M 6.500% Senior Notes due 2048 and partial redemption of $15M of 6.375% Senior Notes due 2049, effective Dec 1, 2025.
Brunswick Q3 sales up 6.8% to $1.36B; GAAP EPS $(3.57) on impairment, adjusted EPS $0.97
GAAP diluted EPS $(3.57) due to impairment charges; adjusted diluted EPS $0.97, down 17.1% YoY.
Brunswick Q2 adj EPS $1.16, sales flat; maintains FY adj EPS ~$3.25; record cash flow
GAAP diluted EPS $0.90; as adjusted EPS $1.16, down 35.6% YoY from $1.80.
Brunswick shareholders elect all 10 director nominees, approve say-on-pay and auditor ratification
All 10 director nominees elected for terms expiring 2026; highest votes for Reginald Fils-Aime (59,072,456 for).
Brunswick Q1 net sales -10.5% YoY, GAAP EPS $0.30, adjusted EPS $0.56; FY25 guidance $2.50-$4.00
Q1 net sales $1,221.8M (-10.5% YoY); GAAP diluted EPS $0.30; adjusted diluted EPS $0.56 (-58.5% YoY).
Brunswick Q4 net sales $1.15B (-15% YoY); FY24 adj EPS $4.57; guides FY25 adj EPS $3.50-$5.00
Q4 2024 GAAP net sales $1,154.9M (down 15.2% YoY); GAAP diluted EPS -$1.07; adjusted EPS $0.24 (down 83.4%).
Q3 GAAP diluted EPS $0.71 (down 56.4%); adjusted diluted EPS $1.17 (down 51.7%).
Brunswick ups revolving credit to $1B, extends to 2029; CP program doubled to $1B
Amended credit agreement increases revolving commitments to $1.0B; maturity extended to Oct 11, 2029 with up to two one-year extensions.
Brunswick Q2 GAAP EPS $1.55, adj $1.80; cuts FY24 guidance to $5.00-$5.50 adj EPS
Net sales $1.44B, down 15% YoY; GAAP diluted EPS $1.55, as adjusted $1.80.
Brunswick Q1 net sales down 21.7% to $1.365B; adjusted EPS $1.35, reaffirms FY guidance
GAAP diluted EPS $1.00, adjusted EPS $1.35; net sales $1.365B, down 21.7% YoY.
Brunswick issues $400M of 5.850% Senior Notes due 2029; net proceeds ~$397M
Aggregate principal $400M at 5.850% per year, maturing March 18, 2029.
Brunswick Q4 sales $1.36B, adj EPS $1.45; FY adj EPS $8.80, 2024 outlook $7-8
Full-year 2023 net sales $6.4B (-6% YoY), GAAP diluted EPS $6.13 (-32%), adjusted diluted EPS $8.80 (-12%).
Brunswick Q3 GAAP EPS $1.63, adj $2.42; FY adj EPS guide ~$9.00
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%.
Brunswick Q2 net sales $1.70B (-7.3%); GAAP EPS $1.91, adj. $2.35; FY adj. EPS guid. ~$9.50
GAAP diluted EPS $1.91 (down 26.8% YoY); adjusted diluted EPS $2.35 (down 16.7% YoY).
Brunswick prelim Q2 adj EPS $2.30-2.35; FY guide cut to ~$9.50 on IT incident
Revenue ~$1.7B; GAAP EPS $1.85-1.90; Adj EPS $2.30-2.35, below guidance due to June IT security incident.
IT security incident disrupted some systems and global facilities; operations paused at certain locations.
Brunswick Q1 GAAP EPS $1.56; Adj EPS $2.57; Sales $1.74B; Reaffirms FY Adj EPS $9.50-$11.00
Net sales $1,743.6M, up 2.8% YoY; GAAP operating earnings $236.1M, down 1.4%.
Brunswick realigns segments into Propulsion, Engine Parts & Accessories, Navico Group, Boat
Changed reportable segments effective Q1 2023 to Propulsion, Engine Parts & Accessories, Navico Group, and Boat.
Brunswick names John Buelow President of Mercury Marine; Chris Drees leaving
John Buelow promoted to EVP and President, Mercury Marine, effective immediately.
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%).
Brunswick amends bylaws to comply with SEC universal proxy rules and DGCL updates
Board adopted amended and restated by-laws on December 6, 2022, effective immediately.
Brunswick Q3 record: sales +19% to $1.7B, adj EPS $2.67; FY guidance $10.00
Q3 net sales $1,698.2M (+19% YoY); GAAP EPS $2.26, adjusted EPS $2.67 (+29% YoY).
Brunswick Q2 GAAP EPS $2.61, adj. $2.82; raises buyback target to $400M
Net sales $1,835.6M, up 18.1% YoY; GAAP operating earnings $279.0M, adjusted $300.2M.
Brunswick Q1 adjusted EPS $2.53 beats; raises FY2022 EPS guidance to $9.80-$10.30
GAAP diluted EPS $2.25, as-adjusted $2.53, up 12.9% YoY; net sales $1.70B, up 18.3%.
Brunswick amends credit agreement: revolver to $750M, maturity extended to 2027, SOFR transition
Revolving commitments increased to $750 million with an accordion feature permitting up to $100 million in additional commitments.
Brunswick issues $750M of senior notes in two tranches for general corporate purposes
Issued $450M 4.400% Senior Notes due 2032 and $300M 5.100% Senior Notes due 2052.
Brunswick reports record FY2021 EPS $7.59 GAAP, $8.28 adj.; guides FY2022 adj. EPS $9.60-$10.25
FY2021 net sales $5.85B (+34.5% YoY); GAAP diluted EPS $7.59, adj. diluted EPS $8.28.
Brunswick Q3 record: adj. EPS $2.07 beats; raises FY guidance to ~$8.15
Q3 GAAP diluted EPS $1.85 (+8.2% YoY); adjusted diluted EPS $2.07 (+15% YoY).
Brunswick completes $1.05B acquisition of Navico, marine electronics leader
Brunswick acquired Navico for $1.05B in cash on Oct 4, 2021.
Brunswick issues $1B in 0.85% and 2.4% senior notes to fund Marine Innovations Group acquisition
Issued $450M 0.850% Senior Notes due 2024 and $550M 2.400% Senior Notes due 2031 for net proceeds of ~$992.9M.
Brunswick tender offers expire; $23.4M of 2023 debentures and $2.5M of 2027 notes tendered
$23,370,000 of $103M outstanding 7.375% debentures due 2023 tendered (22.67%), accepted for purchase.
Brunswick commences tender offers for $266M of 7.375% 2023 & 7.125% 2027 notes
Tender offer for any and all of $103M 7.375% debentures due 2023 at 35bps fixed spread over 0.125% UST 07/31/2023.
Brunswick reports record Q2: GAAP EPS $2.29, adj. EPS $2.52; raises FY adj. EPS guide to ~$8.00
Net sales $1,554.8M, up 57.4% YoY; Propulsion +64%, Parts & Acc. +42%, Boat +80%.
Brunswick amends credit agreement to $500M revolver due 2026 with improved terms
Revolving commitments increased to $500M with additional $100M accordion feature.
Christopher Drees, current Executive Vice President and President, Mercury Marine, who informed the Company on February 2, 2023 that he is leaving the Company effective March 3, 2023.
John Buelow, currently Vice President of Global Operations at Mercury Marine, is being promoted to Executive Vice President and President, Mercury Marine.
Max materiality 0.85 · Median 0.75 · Most common event earnings