Tag Archives: Brunswick Corporation

Brunswick reports Q2 results

Brunswick Corporation recently reported results for the second quarter of 2021. For the second quarter of 2021, Brunswick reported consolidated net sales of $1,554.8 million, up$567.0 million from the second quarter of 2020. Diluted EPS for the quarter was $2.29 on a GAAPbasis and $2.52 on an as adjusted basis. Sales in each segment benefited from strong globaldemand for marine ...

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Brunswick names new Lund Boats president, promotes aluminum boat group president

Lund Boats, a division of Brunswick Corporation announced Lenn Scholz as president of Lund Boats, replacing Dirk Hyde who has been promoted to president of Brunswick’s Aluminum Boat Group. Hyde has spent three decades in various leadership positions within Brunswick including COO of Attwood, President of Crestliner, President of Harris and Cypress Cay and President of Lund Boats. Scholz is ...

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Brunswick launches the newest addition to Heyday’s lineup

Heyday H22 wake surf boat debuts

Heyday Wake Boats, a division of Brunswick Corporation, announced the launch of the H22, the newest addition to Heyday’s lineup.  “During our Investor Day in May, we announced our commitment to investing in a disruptive brand in the tow segment, based on extensive research into the needs of our customer. We are now thrilled to officially launch the H22,” said ...

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Boston Whaler, Sea Ray launch new boat owner apps

Two of Brunswick Corporation’s leading boat brands, Boston Whaler and Sea Ray, announced the launch of the “MyWhaler” and “Sea Ray+” apps, designed to improve the boat ownership experience by reducing friction across the entire ownership journey. The apps, which were officially announced during Brunswick’s Next Wave Investor Day in May, punctuate Brunswick’s ACES strategy with an off-board platform that highlights the Company’s ...

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Brunswick to acquire Navico

Brunswick Corporation has entered into a definitive agreement to acquire Navico, a global leader in marine electronics and sensors for $1.05 billion. As a result of this acquisition, Brunswick will add the industry leading brands of Lowrance, Simrad, B&G, and C-MAP to its Advanced Systems Group (ASG), which includes the leading Parts & Accessories (P&A) brands in power management, digital control ...

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Freedom Boat Club announces Midwest expansion

Freedom Boat Club logo

Executing on its strategy to expand across the Upper-Midwest, Freedom Boat Club, a division of Brunswick Corporation (NYSE: BC) and the world’s largest boat club operator, today announced the official opening of its first location in Fox Lake in Illinois and plans to open another downtown Chicago location in Diversey Harbor later this summer.  Already this year, Freedom Boat Club ...

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Innovation Summit announces Brunswick CEO as speaker

David Foulkes, CEO of Brunswick Corporation will speak at the Marine Industry Innovation Summit on September 9th, 2021.Foulkes, an industry leader known globally  for his focus on innovation and creation of an ACES (Autonomy, Connectivity, Electrification and Shared Access) strategy at Brunswick, will speak on how to implement innovation and highlight how those innovations are creating elevated experiences for the ...

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Brunswick Corporation names MaryAnn Wright to Board of Directors

Brunswick Corporation announced that MaryAnn Wright, a former senior engineering executive at Johnson Controls International, Collins & Aikman, and Ford Motor Company, has been elected to its Board of Directors. Wright most recently served as Group Vice President, Global Engineering & Product Development, Power Solutions at Johnson Controls International. She spent the first 18 years of her career at Ford Motor ...

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Brunswick Corporation unveils “Next Wave” strategic plans

Brunswick Investor Day logo

Brunswick Corporation launched its 2021 Virtual Investor Day on Brunswick.com. The event, hosted by Brunswick’s senior leadership team, unveiled the “Next Wave” of the company’s strategy describing the next phase of business evolution, products, technologies, unique experiences, and enterprise synergies.  Additionally, Brunswick presented more background to its recently increased 2022 EPS guidance of $8.25 to $8.75. Presenters at the event were: ...

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Brunswick reports continued record results for Q1

Brunswick

Brunswick Corporation reported results for the first quarter of 2021. "Our businesses had a fantastic start to 2021, with a very healthy marine market, strong boating participation, and outstanding operating performance driving historic financial results," said Brunswick Chief Executive Officer David Foulkes. "Robust retail demand for our products continues to drive low field inventory levels, with increased production across all ...

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