Brunswick

Brunswick Corp.’s boat group consists of 15 brands worldwide, including Bayliner, Boston Whaler, Brunswick Commercial and Government Products, Crestliner, Cypress Cay, Harris FloteBote, Lowe, Lund, Meridian, Princecraft and Sea Ray. The group’s additional four brands — Rayglass, Uttern, Valiant and Quicksilver — are marketed in countries other than the United States.

Brunswick plans more 50-feet-and-under models

Brunswick Corp. plans to introduce several fiberglass sterndrive and inboard boats under 50 feet in an effort to meet consumer demand and reverse market-share declines in that segment. “We’ve got a lot of product coming here in the second half [of 2013] below 50 feet,” Brunswick CEO Dusty McCoy told investors during a quarterly earnings…more

Brunswick near deal to sell Hatteras and Cabo

After six months looking for a buyer, Hatteras and Cabo Yachts appear to be nearing a sales agreement. Brunswick Corp. plans to sell the Hatteras and Cabo brands to Navis HCY Acquisition LLC, according to a letter sent from Hatteras and Cabo vice president and CFO Robert Nenni to city officials in New Bern, N.C.…more

Brunswick reports 2Q results

Brunswick Corp. reported today that net earnings fell 4 percent in the second quarter, to $80.4 million, from $83.6 million in the second quarter last year. Net sales increased 4 percent, from about $1.05 billion to $1.1 billion. “Revenue growth in the quarter was led by outboard marine products, marine products and accessories, fitness equipment…more

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Larson unveils new pontoon boat line

Larson Boat Group announced the launch of the Escape, the company’s new line of pontoon boats. “After two years of development and testing the Larson team is anxious to finally take the wraps off this bold new project and get it out to the marketplace,” Larson executive vice president and COO Mike O’Connell said in…more

Brunswick schedules 2Q results

Brunswick Corp. will release second-quarter financial results on July 25 before the market opens. Brunswick CEO Dustan McCoy will host a conference call at 10 a.m. CDT with senior vice president and CFO William Metzger and corporate and investor relations vice president Bruce Byots. Securities analysts and investors who want to participate by phone should…more

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Brunswick will expand pontoon operations in Indiana

Brunswick-owned Harris FloteBote and Cypress Cay Pontoons are spending $1.2 million to move manufacturing operations to a facility in Fort Wayne, Ind., that is nearly triple the size of its old one, which also was in Fort Wayne. The new 360,000-square-foot facility used to be occupied by a division of Lincoln Foodservice Products LLC, whose…more

Analysts upbeat on Brunswick despite challenges

Despite the fact that Brunswick Corp. analysts have been all over the map in their predictions for the company, experts see smooth sailing ahead. That’s according to Medill Reports Chicago, which says the analyst opinions have been as volatile as the marine industry itself. Of 10 analysts surveyed by Bloomberg, six rate the stock a…more

Brunswick confident of its boat sales strategy

The zombie apocalypse for boats? That was the analogy used by Joseph Yurman, an analyst with 1221 Partners LLC, who asked Brunswick Corp. officials during a conference call to discuss first-quarter earnings whether the resurrection of boat brands that continue to fail during the prolonged downturn would eventually shift the business model of Brunswick’s Boat…more

Brunswick donation pushes fund for Boston-area boater past its goal

A fundraising effort to buy a new boat for David Henneberry, the Massachusetts man who discovered a Boston Marathon bombing suspect hiding in his trailered boat in his backyard, has passed its $50,000 goal after receiving a contribution from Boston Whaler and the Brunswick Boat Group. “We have received an INCREDIBLE donation from the Boston…more

Brunswick reports 1Q results

Brunswick Corp. reported first quarter earnings today, showing a slight decrease in sales for the overall boat segment from $291.8 million in the first quarter of 2012 to $289.7 million this year. Brunswick reported net earnings of $49.8 million, or 53 cents a diluted share, for the quarter that ended March 30, an increase of…more

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