Brunswick CEO touts U.S. market on Fox Business - Trade Only Today

Brunswick CEO touts U.S. market on Fox Business

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Brunswick Corp. CEO Dusty McCoy tells Fox Business that the strength of the boating industry lies in the U.S. market.

McCoy appeared in a segment Tuesday in front of the New York Stock Exchange to give reporter Nicole Petallides a tour of several boats, including the Sea Ray 350 SLX, which debuted at the Fort Lauderdale International Boat Show.

The network touted the fact that Brunswick stock had risen about 50 percent for the year to date and said one analyst expressed confidence in the boating industry as a whole because of the aging boat fleet.

“A lot of the analysts [66 percent] have buy ratings on your company, so they still believe that recreation, good times, fun living, health and fitness ... still continue to prosper despite a tough economy,” Petallides said.

Petallides made no bones about her thoughts on the new SLX. “Do you think you’ll bring some of your Fox friends on a boat someday?”

A visibly excited Petallides later told anchor Liz Claman: “Did you hear him? He gave us an invitation to do our Fox Business show right there on one of those boats. Maybe next year — a sunny day, some champagne after the show?”

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