Brunswick (NYSE:BC) Posts Quarterly Earnings Results, Beats Expectations By $0.37 EPS

Brunswick (NYSE:BC) issued its quarterly earnings results on Thursday. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37, Zacks reports. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.90 earnings per share. Brunswick updated its Q3 2026 guidance to 1.200-1.400 EPS and its FY 2026 guidance to 4.350-4.750 EPS.

Here are the key takeaways from Brunswick’s conference call:

• Second-quarter results exceeded expectations, with sales up 8% to $1.6 billion and adjusted EPS up 34% to $1.56. Growth was broad-based across all segments, supported by pricing, product mix, OEM demand, and recurring-revenue businesses.
• Brunswick raised its full-year outlook to $5.7 billion–$5.8 billion in revenue, approximately 8% adjusted operating margin, and adjusted EPS of $4.35–$4.75; free-cash-flow guidance increased to more than $400 million. The company also plans to retire at least $160 million of debt by year-end.
• Demand remains bifurcated, with premium fiberglass and core boat products roughly flat and resilient, while value-oriented runabout models remain pressured by affordability and consumer sentiment. Brunswick expects boat retail sales to finish roughly flat to slightly down, while dealer inventories remain lean and wholesale demand steady.
• Recurring and aftermarket businesses continued to perform strongly: Engine Parts & Accessories sales rose 9%, Navico sales increased 7%, and Freedom Boat Club member trips climbed 13% in the first half. Freedom Boat Club also reached its 450th global location, reinforcing Brunswick’s participation-driven revenue streams.
• Tariffs and inflation remain material risks, with total 2026 tariff costs estimated at approximately $40 million and newly introduced Section 301 and Canadian tariffs adding about $5 million of incremental net impact. Management also expects roughly $15 million of additional material inflation in the second half, partly offset by expected IEEPA refunds.

Brunswick Stock Performance

Shares of BC stock opened at $79.24 on Friday. The stock has a fifty day moving average price of $81.27 and a 200 day moving average price of $80.30. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.62 and a current ratio of 1.45. The stock has a market cap of $5.15 billion, a PE ratio of -60.49 and a beta of 1.33. Brunswick has a 1 year low of $55.60 and a 1 year high of $90.25.

Brunswick Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.76 annualized dividend and a yield of 2.2%. Brunswick’s payout ratio is currently -83.81%.

Insiders Place Their Bets

In other news, CEO David M. Foulkes sold 25,853 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total value of $2,148,901.36. Following the completion of the transaction, the chief executive officer owned 267,528 shares in the company, valued at $22,236,927.36. This trade represents a 8.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.99% of the company’s stock.

Institutional Investors Weigh In On Brunswick

Several institutional investors and hedge funds have recently made changes to their positions in the business. Quarry LP increased its holdings in Brunswick by 38.4% during the 4th quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after acquiring an additional 122 shares in the last quarter. Danske Bank A S acquired a new position in Brunswick during the third quarter worth about $38,000. Larson Financial Group LLC lifted its holdings in shares of Brunswick by 705.4% in the third quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock valued at $38,000 after purchasing an additional 522 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Brunswick by 477.0% in the first quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock valued at $39,000 after purchasing an additional 601 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of Brunswick by 15.2% in the third quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock valued at $84,000 after purchasing an additional 176 shares during the last quarter. 99.34% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Brunswick

Here are the key news stories impacting Brunswick this week:

• Positive Sentiment: Second-quarter adjusted diluted EPS was $1.56, well above the $1.19-$1.20 analyst consensus and up from $0.90-$1.16 a year earlier. Revenue increased 7.7% year over year to $1.56 billion, exceeding the approximately $1.52 billion consensus. Brunswick Q2 Earnings Snapshot
• Positive Sentiment: Profitability improved substantially: GAAP net earnings rose 85% to $109.8 million, while operating earnings increased 25.3% to $129.4 million. Growth was broad-based across Propulsion, Engine Parts and Accessories, Navico Group, and Boats. Brunswick Q2 Net Sales Rise 8 Percent
• Positive Sentiment: Brunswick raised its full-year adjusted EPS outlook to $4.35-$4.75, above the $4.26 consensus, and maintained revenue guidance of $5.7-$5.8 billion. The company also expects at least $400 million in free cash flow. Brunswick Beats Q2 Estimates
• Neutral Sentiment: The company’s marine portfolio continues to benefit from growth across more than 60 brands, although results remain exposed to discretionary consumer spending, financing conditions, tariffs, supply-chain costs, and dealer inventory levels.
• Negative Sentiment: Third-quarter adjusted EPS guidance of $1.20-$1.40 is below the $1.45 analyst consensus, while revenue guidance of $1.4-$1.5 billion is at or below expectations. This near-term outlook likely explains why investors have reacted cautiously despite the strong second-quarter beat. Brunswick Q2 Beats on Revenue

Analyst Ratings Changes

Several research firms have issued reports on BC. Truist Financial boosted their target price on Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. Morgan Stanley lifted their price target on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. upped their price objective on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, DA Davidson reiterated a “neutral” rating and issued a $76.00 price objective on shares of Brunswick in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Brunswick presently has an average rating of “Hold” and an average target price of $87.57.

Brunswick Company Profile

Founded in 1845 by John Moses Brunswick, Brunswick Corporation is a global leader in recreation products. Headquartered in Mettawa, Illinois, the company has evolved from its origins as a billiard table manufacturer into a diversified supplier of leisure equipment, serving both consumer and commercial markets around the world.

Brunswick operates through two primary segments: Marine and Bowling & Billiards. In its Marine segment, the company designs, manufactures and distributes recreational boats, outboard engines and aftermarket parts under recognized brands such as Sea Ray, Bayliner and Mercury Marine.