Brunswick Corporation announced its first quarter 2025 financial results and will host a conference call for investors.
Quiver AI Summary
Brunswick Corporation announced its first quarter 2025 financial results on April 24, 2025. The complete results can be accessed on the company's website and will also be available on the SEC’s website via a Form 8-K filing. A conference call with CEO David M. Foulkes and CFO Ryan M. Gwillim is scheduled for the same day at 10 a.m. CT, where participants can join via phone or internet. Brunswick, a leader in marine recreation with over 60 brands, focuses on innovation and technology to enhance consumer experiences on the water. The company has received recognition as one of America's Best Large Employers for six consecutive years and has a diverse portfolio that extends beyond marine products to include digital and shared-access services.
Potential Positives
- Brunswick Corporation is recognized as the global leader in marine recreation, emphasizing its market position and reputation.
- The company has been named one of America’s Best Large Employers for 2024 by Forbes Magazine, marking its sixth consecutive year on this list, which highlights its strong employer brand.
- Brunswick has won over 100 awards across the enterprise for three straight years, indicating a consistent level of excellence in its operations and offerings.
- Brunswick's diverse portfolio includes over 60 industry-leading brands, showcasing its strong market presence within the marine industry.
Potential Negatives
- Forward-looking statements highlight significant uncertainties that may result in actual performance differing materially from expectations, indicating potential instability.
- Risks mentioned include potential adverse effects from rising interest rates and economic conditions, which may impact consumer spending and demand for products.
- The company faces a range of operational risks, such as supply chain disruptions and challenges related to labor retention, that could affect its ability to meet market needs.
FAQ
When did Brunswick Corporation release its Q1 2025 financial results?
Brunswick Corporation released its first quarter 2025 financial results on April 24, 2025.
Where can I find Brunswick's complete financial press release?
The complete financial results press release is available on Brunswick’s website at https://ir.brunswick.com.
How can I participate in the Q1 2025 conference call?
To participate, call 877-900-9524 or 412-902-0029 for international callers.\
What time is Brunswick's Q1 2025 conference call scheduled?
The conference call is scheduled for April 24, 2025, at 10 a.m. CT/11 a.m. ET.
How can I access the replay of the conference call?
A replay will be available by calling 877-660-6853 or visiting www.brunswick.com/investors until May 1, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BC Congressional Stock Trading
Members of Congress have traded $BC stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BC stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE purchased up to $50,000 on 02/24.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$BC Insider Trading Activity
$BC insiders have traded $BC stock on the open market 9 times in the past 6 months. Of those trades, 1 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $BC stock by insiders over the last 6 months:
- DAVID M FOULKES (Chief Executive Officer) sold 23,829 shares for an estimated $1,911,562
- RYAN M GWILLIM (E.V.P. , CFO, CSO) sold 8,253 shares for an estimated $537,187
- JOSEPH W MCCLANATHAN sold 4,745 shares for an estimated $380,264
- RANDALL S ALTMAN (SVP and Controller) sold 3,417 shares for an estimated $215,988
- CHRISTOPHER F DEKKER (E.V.P. GEN COUNSEL & SECRETARY) sold 2,000 shares for an estimated $167,420
- BRENNA PREISSER (E.V.P. & President Boat Group) sold 1,600 shares for an estimated $103,808
- NANCY E COOPER has made 0 purchases and 2 sales selling 799 shares for an estimated $57,775.
- REGINALD FILS-AIME purchased 225 shares for an estimated $17,777
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BC Hedge Fund Activity
We have seen 170 institutional investors add shares of $BC stock to their portfolio, and 196 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HARRIS ASSOCIATES L P added 1,195,688 shares (+73.9%) to their portfolio in Q4 2024, for an estimated $77,337,099
- FMR LLC removed 1,191,834 shares (-28.7%) from their portfolio in Q4 2024, for an estimated $77,087,823
- FIL LTD added 851,449 shares (+323.9%) to their portfolio in Q4 2024, for an estimated $55,071,721
- KENSICO CAPITAL MANAGEMENT CORP removed 506,000 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $32,728,080
- TURTLE CREEK ASSET MANAGEMENT INC. added 488,412 shares (+19.7%) to their portfolio in Q4 2024, for an estimated $31,590,488
- BAILLIE GIFFORD & CO removed 315,946 shares (-13.3%) from their portfolio in Q4 2024, for an estimated $20,435,387
- VICTORY CAPITAL MANAGEMENT INC removed 297,230 shares (-21.0%) from their portfolio in Q4 2024, for an estimated $19,224,836
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BC Price Targets
Multiple analysts have issued price targets for $BC recently. We have seen 2 analysts offer price targets for $BC in the last 6 months, with a median target of $73.0.
Here are some recent targets:
- An analyst from Robert W. Baird set a target price of $56.0 on 04/04/2025
Full Release
METTAWA, Ill., April 24, 2025 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its first quarter 2025 financial results. A complete and full-text financial results press release is available on the Company’s website at https://ir.brunswick.com . The results will also be available on the SEC’s website with the Form 8-K filing of the release at http://goo.gl/wJQN1 .
The Company will hold a conference call, today, Thursday April 24, 2025, at 10 a.m. CT/ 11 a.m. ET, hosted by David M. Foulkes, chief executive officer and Ryan M. Gwillim, executive vice president, chief financial officer, and chief strategy officer. A copy of the presentation to be used on this call will be available when the results are released as noted above.
Security analysts and investors wishing to participate via telephone should call 877-900-9524 (No Password Needed). Callers outside of North America should call 412-902-0029 (No Password Needed) to be connected. These numbers can be accessed 15 minutes before the call begins, as well as during the call.
To listen via the Internet, go to www.brunswick.com/investors. Please go to the website at least 15 minutes before the call to register, download and install any audio software needed.
A replay of the conference call will be available through 1pm CST Thursday May 1, 2025, by calling 877-660-6853 or 201-612-7415 (Access ID: 13752964). The replay also will be available at www.brunswick.com/investors .
About Brunswick Corporation:
Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”. Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing, MerCruiser, and Flite. Brunswick’s comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land ‘N’ Sea, Lowrance, Simrad, B&G, Mastervolt, RELiON, Attwood and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications. Headquartered in Mettawa, IL, Brunswick has approximately 14,500 employees operating in 26 countries. In 2024, Brunswick was named America’s Best Large Employers for 2024 by Forbes Magazine for the sixth consecutive year in addition to winning more than 100 awards across the enterprise for the third straight year. For more information, visit www.Brunswick.com .
Forward-Looking Statements
Certain statements in this news release are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates, and projections about Brunswick’s business and by their nature address matters that are, to different degrees, uncertain. Words such as “may,” “could,” “should,” “expect,” "anticipate," "project," "position," “intend,” “target,” “plan,” “seek,” “estimate,” “believe,” “predict,” “outlook,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this news release. These risks include, but are not limited to: the effect of adverse general economic conditions, including rising interest rates, and the amount of disposable income consumers have available for discretionary spending; changes in currency exchange rates; fiscal and monetary policy changes; adverse capital market conditions; competitive pricing pressures; higher energy and fuel costs; managing our manufacturing footprint and operations; loss of key customers; international business risks, geopolitical tensions or conflicts, sanctions, embargoes, or other regulations; actual or anticipated increases in costs, disruptions of supply, or defects in raw materials, parts, or components we purchase from third parties; supplier manufacturing constraints, increased demand for shipping carriers, and transportation disruptions; adverse weather conditions, climate change events and other catastrophic event risks; our ability to develop new and innovative products and services at a competitive price; our ability to meet demand in a rapidly changing environment; absorbing fixed costs in production; public health emergencies or pandemics, risks associated with joint ventures that do not operate solely for our benefit; our ability to successfully implement our strategic plan and growth initiatives; attracting and retaining skilled labor, implementing succession plans for key leadership, and executing organizational and leadership changes; our ability to integrate acquisitions and the risk for associated disruption to our business; our ability to identify, complete, and integrate targeted acquisitions; the risk that restructuring or strategic divestitures will not provide business benefits; maintaining effective distribution; dealers and customers being able to access adequate financing; inventory reductions by dealers, retailers, or independent boat builders; requirements for us to repurchase inventory; risks related to the Freedom Boat Club franchise business model; outages, breaches, or other cybersecurity events regarding our technology systems, which have affected and could further affect manufacturing and business operations and could result in lost or stolen information and associated remediation costs; our ability to protect our brands and intellectual property; changes to trade policy and tariffs; an impairment to the value of goodwill and other assets; product liability, warranty, and other claims risks; legal, environmental, and other regulatory compliance, including increased costs, fines, and reputational risks; changes in income tax legislation or enforcement; managing our share repurchases; and risks associated with certain divisive shareholder activist actions.
Additional risk factors are included in the Company’s Annual Report on Form 10-K for 2023 and in subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made, and Brunswick does not undertake any obligation to update them to reflect events or circumstances after the date of this news release.