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 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 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.
Sea Ray will have plenty of new boats at the Fort Lauderdale International Boat Show this year, including the L580 and L650 Fly motoryachts. I had a chance this summer to interview Ron Berman, the man who played a major role in creating and bringing those boats to the market. He is the vice president…more
Brunswick Corp. said Thursday that it completed the previously announced sale of its retail bowling business to Bowlmor AMF for $270 million.
Aluminum-boat manufacturer Crestliner announced the addition of 13 new dealers, including two in Canada and one in the Netherlands.
Brunswick Corp. announced this morning that it acquired distributor Bell Recreational Products Group, a subsidiary of Bell Industries. Terms of the transaction were not disclosed.
Capacity of bigger Brunswick Corp. boat models has been constrained as the company is in ramp-up mode for its new large models, such as the Sea Ray 650.
Second-quarter sales at Brunswick Corp. increased 4 percent from last year to $1.14 billion, up from $1.1 billion in the 2013 quarter, reflecting growth in outboard boats and engines, as well as parts and accessories for the marine segment.
Brunswick Corp. sold its retail bowling business, reaching an agreement Thursday with Bowlmor AMF for about $270 million of gross proceeds after Bowlmor made an unsolicited bid.
Moody’s Investors Service upgraded Brunswick Corp.’s ratings, citing steady improvement in the company’s operating performance and credit metrics.