Brunswick (NYSE:BC) Releases Quarterly Earnings Results, Beats Estimates By $0.37 EPS

Brunswick (NYSE:BC) released its quarterly earnings data on Thursday. The company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37, Zacks reports. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the company earned $0.90 EPS. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. 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 Down 0.9%

NYSE BC opened at $79.77 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. The firm has a 50-day simple moving average of $81.30 and a 200 day simple moving average of $80.31. Brunswick has a twelve month low of $55.60 and a twelve month high of $90.25. The stock has a market cap of $5.18 billion, a PE ratio of -37.98 and a beta of 1.33.

Brunswick Dividend Announcement

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

Brunswick News Summary

Here are the key news stories impacting Brunswick this week:

• Positive Sentiment: Adjusted EPS was $1.56, exceeding the approximately $1.19–$1.20 analyst consensus, while revenue rose 7.7% year over year to $1.56 billion, ahead of the $1.52 billion estimate. GAAP net earnings increased 85% to $109.8 million. Brunswick Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Growth was broad-based: Propulsion sales increased 7.7%, Engine Parts and Accessories rose 8.9%, Navico Group gained 6.7%, and Boat sales advanced 4.6%. GAAP operating earnings also climbed 25.3% to $129.4 million. Brunswick Q2 Net Sales Rise 8 Percent
• Positive Sentiment: Brunswick raised its 2026 adjusted EPS guidance to $4.35–$4.75, above the $4.26 consensus, and maintained revenue guidance of $5.7–$5.8 billion. Management also expects at least $400 million in free cash flow. Brunswick Q2 Earnings Snapshot
• Neutral Sentiment: Cash and marketable securities totaled $299.7 million at quarter-end. Investors received the results during a conference call hosted by CEO David Foulkes and senior finance executives. Brunswick Q2 Results Presentation
• Negative Sentiment: Third-quarter adjusted EPS guidance of $1.20–$1.40 and revenue guidance of $1.4–$1.5 billion came in below consensus estimates of $1.45 EPS and $1.5 billion revenue, signaling potentially softer near-term demand or margins. Management also cited risks from interest rates, tariffs, consumer spending, supply chains, and dealer inventory.

Insider Activity at Brunswick

In other news, CEO David M. Foulkes sold 25,853 shares of Brunswick stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the sale, the chief executive officer owned 267,528 shares of the company’s stock, valued at approximately $22,236,927.36. This trade represents a 8.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.99% of the company’s stock.

Institutional Trading of Brunswick

Institutional investors have recently made changes to their positions in the business. Invesco Ltd. boosted its holdings in Brunswick by 381.4% during the fourth quarter. Invesco Ltd. now owns 765,651 shares of the company’s stock valued at $56,842,000 after purchasing an additional 606,618 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of Brunswick by 45.0% in the 4th quarter. Corient Private Wealth LLC now owns 11,730 shares of the company’s stock valued at $871,000 after purchasing an additional 3,640 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of Brunswick by 13.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 31,342 shares of the company’s stock worth $2,327,000 after buying an additional 3,763 shares in the last quarter. Vident Advisory LLC acquired a new position in shares of Brunswick in the 4th quarter worth approximately $206,000. Finally, First Citizens Bank & Trust Co. lifted its position in shares of Brunswick by 2.2% during the 4th quarter. First Citizens Bank & Trust Co. now owns 8,517 shares of the company’s stock worth $632,000 after buying an additional 187 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on BC shares. JPMorgan Chase & Co. increased their target price on shares of Brunswick from $78.00 to $83.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. DA Davidson reiterated a “neutral” rating and issued a $76.00 price target on shares of Brunswick in a research report on Monday, May 18th. Truist Financial increased their target price on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, July 6th. Morgan Stanley upped their price objective on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Wall Street Zen downgraded Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $87.07.

About Brunswick

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.