Brunswick Corp. fell slightly short on revenue, reporting $985.7 million for the first fiscal quarter, compared with Wall Street predictions of $1.02 billion.
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.
The Military Times recently announced its sixth annual Best for Vets: Employers 2015 Rankings and Brunswick Corp. made the grade, placing 57th of the 74 companies on the list.
Brunswick Corp. will look at expansion opportunities in new categories, such as the recreational vehicle market, as it grows the parts and accessories arm of its business.
Brunswick Corp. announced today that the Billiards division of its business will be realigned to fall under the Life Fitness category.
Brunswick Corp. reported a 7 percent increase in fourth-quarter revenue, with sales growth driven by improvements in outboard boat sales and engines and marine parts and accessories, but offset in part by continued declines in sterndrive sales.
Brunswick Corp. appointed Kevin S. Grodzki as vice president of communications and public affairs.
Brunswick Corp. elected president and chief operating officer Mark Schwabero to its board of directors, another step toward his eventual appointment as CEO.
Brunswick Corp. CEO Dustan E. McCoy stressed that the company is poised to grow both organically and through acquisitions during a conference call discussing third-quarter earnings Thursday.
Brunswick Corp. today reported third-quarter net sales of $932.1 million, up from $824.4 million a year earlier, with increases in both the engine and boat segments — albeit with a $7 million operating loss in the boat segment — causing the company to raise its full-year earnings guidance to $2.30 to $2.35 a share.
Brunswick Commercial & Government Products and the National Association of State Boating Law Administrators are partnering to create a patrol vessel designed for recreational boating safety patrol officers and maritime first responders.