Edition:
United States

Brunswick Corp (BC)

BC on New York Consolidated

58.41USD
19 Jan 2018
Change (% chg)

$0.58 (+1.00%)
Prev Close
$57.83
Open
$57.79
Day's High
$58.50
Day's Low
$57.47
Volume
630,263
Avg. Vol
1,168,076
52-wk High
$63.82
52-wk Low
$48.04

Latest Key Developments (Source: Significant Developments)

Brunswick Corporation Intends To Sell Sea Ray
Tuesday, 5 Dec 2017 03:00pm EST 

Dec 5 (Reuters) - Brunswick Corp ::BRUNSWICK CORPORATION : BRUNSWICK CORPORATION INTENDS TO SELL SEA RAY.BRUNSWICK CORP - REAFFIRMING ITS RECENT EPS GUIDANCE AND TARGET RANGES FOR 2017, 2018 AND 2020 PLAN.BRUNSWICK - LAZARD'S MIDDLE MARKET ADVISORY ACTING AS CO'S INVESTMENT BANKER FOR SEA RAY DEAL, WHICH IS EXPECTED TO BE COMPLETED IN H1 2018.  Full Article

Brunswick qtrly gaap diluted EPS of $0.88
Thursday, 26 Oct 2017 07:32am EDT 

Oct 26 (Reuters) - Brunswick Corp ::Brunswick Corporation : Brunswick releases third quarter 2017 earnings.Brunswick Corp qtrly gaap diluted EPS of $0.88 and diluted EPS, as adjusted, of $0.91‍​.Brunswick Corp - for the third quarter of 2017, Brunswick reported net sales of $1,141.5 million, up from $1,093.0 million a year earlier‍​.Brunswick Corp sees 2017 diluted eps, as adjusted, range to $3.85 to $3.87‍​.Brunswick Corp - for 2017, co's expectation remains that it will generate positive free cash flow in excess of $250 million‍​.Brunswick Corp - gross margin percentage will be down for the year, but not to the same degree as year-to-date comparisons.Brunswick Corp - for FY, anticipate a modest decrease in operating margins.Q3 earnings per share view $0.99, revenue view $1.16 billion -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $4.04 -- Thomson Reuters I/B/E/S.Brunswick - consolidated plan reflects revenue growth rates in 2017 of about 7 percent for year, with slightly lower growth rate in Q4.  Full Article

BRUNSWICK INCREASES QTRLY DIVIDEND BY 15 PCT TO $0.19/SHARE
Tuesday, 17 Oct 2017 12:11pm EDT 

Oct 17 (Reuters) - Brunswick Corp ::BRUNSWICK CORPORATION RAISES QUARTERLY DIVIDEND.INCREASES QUARTERLY DIVIDEND BY 15 PERCENT TO $0.19 PER SHARE.  Full Article

TechNexus Venture says formed JV with Brunswick Corp
Tuesday, 12 Sep 2017 11:41am EDT 

Sept 12 (Reuters) - ‍TechNexus Venture::Brunswick Corp, TechNexus formed JV to incubate start-up ventures with strategic marine and fitness applications.  Full Article

Brunswick Corp expects revenue growth rates in 2017 in the range of 7 to 8 percent
Thursday, 27 Jul 2017 07:34am EDT 

July 27 (Reuters) - Brunswick Corp ::Brunswick corporation : Brunswick releases second quarter 2017 earnings.Brunswick Corp - for the second quarter of 2017, the company reported net sales of $1,352.0 million, up from $1,242.2 million a year earlier‍​.Brunswick Corp qtrly GAAP basis diluted EPS of $1.32; adjusted EPS $1.35.Brunswick Corp - narrowing 2017 revenue guidance and diluted EPS, as adjusted, range of $4.00 to $4.10.Brunswick Corp - for 2017, our expectation remains that we will generate positive free cash flow in excess of $250 million.Q2 earnings per share view $1.33, revenue view $1.32 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $4.06 -- Thomson Reuters I/B/E/S.Brunswick Corp - expects revenue growth rates in 2017 in the range of 7 to 8 percent.Brunswick Corp says "well-positioned to generate strong sales and adjusted earnings per share growth in 2017 and beyond".  Full Article

Brunswick Corporation agrees to acquire Lankhorst Taselaar
Thursday, 20 Jul 2017 08:00am EDT 

July 20 (Reuters) - Brunswick Corp ::Brunswick Corporation : Brunswick agrees to acquire Lankhorst Taselaar, strengthening mercury marine's European P&A network.Brunswick Corp - ‍terms of transaction were not disclosed​.Brunswick Corp - ‍terms of transaction were not disclosed.​.Brunswick Corp - ‍continue to target $350 million of additional revenue from P&A acquisitions by 2018​.Brunswick Corp - ‍lankhorst Taselaar acquisition is expected to have minimal impact upon Brunswick's 2017 results​.  Full Article

Brunswick Q1 EPS $0.71
Thursday, 27 Apr 2017 07:34am EDT 

April 27 (Reuters) - Brunswick Corp ::Brunswick Corporation : Brunswick releases first quarter 2017 earnings.Brunswick Corp qtrly diluted eps, as adjusted of $0.84.Brunswick Corp - qtrly EPS $0.71.Brunswick Corp - for the first quarter of 2017, the company reported net sales of $1,160.3 million, up from $1,070.3 million a year earlier.Brunswick Corp - for 2017 increasing the range of diluted eps, as adjusted to a range of $3.95 to $4.10.Q1 earnings per share view $0.82, revenue view $1.15 billion -- Thomson Reuters I/B/E/S.Brunswick Corp - for 2017, our expectation remains that we will generate positive free cash flow in excess of $250 million.Brunswick Corp - for the full-year, anticipate improvement in both gross margins and operating margins.Fy2017 earnings per share view $4.01 -- Thomson Reuters I/B/E/S.Brunswick Corp - consolidated plan continues to reflect revenue growth rates in 2017 in the range of 6 to 8 percent.  Full Article

Brunswick to close Joinville facility, migrate boat manufacturing from Brazil
Thursday, 23 Mar 2017 08:30am EDT 

Brunswick Corp : Brunswick - will immediately begin to wind down boat manufacturing operations in Joinville, Santa Catarina, Brazil, as it prepares to close facility . Brunswick Corp- company said resulting restructuring charges are estimated to be in range of $10 million to $12 million pretax . Brunswick Corp - Joinville, Santa Catarina Operation manufactures certain bayliner and sea ray boat models for South American market . Brunswick says decision has no impact on strategy or plans for Brunswick's mercury marine engine business or its life fitness business in region .Brunswick-Actions projected to have modestly positive impact on earnings,minimal impact on free cash flow,majority of earnings benefit occurring in 2018.  Full Article

Boston Partners reports 9.73 pct passive stake in Brunswick Corp - SEC filing
Tuesday, 7 Feb 2017 03:24pm EST 

Boston Partners:Boston Partners reports 9.73 percent passive stake in Brunswick Corp as of Dec 31, 2016 - SEC filing.  Full Article

Brunswick Corporation Q4 adjusted diluted EPS $0.67
Thursday, 26 Jan 2017 07:33am EST 

Brunswick Corp : Brunswick Corporation : Brunswick releases fourth quarter 2016 earnings . Brunswick Corp sees 2017 revenue growth of 6% to 8% . Brunswick Corp - qtrly net sales $1,083.0 million versus $986.1 million . Brunswick -for Q4 on a gaap basis, diluted eps of $0.19 . Brunswick Corp - sees 2017 revenue growth of 6% to 8% . Brunswick Corp - for the full-year 2017, we expect to generate free cash flow in excess of $250 million . Brunswick -Q4 diluted EPS, as adjusted of $0.67 . Brunswick Corp - sees 2017 EPS, as adjusted, of $3.90 to $4.05 . FY2017 earnings per share view $3.99, revenue view $4.82 billion -- Thomson Reuters I/B/E/S . Brunswick Corp -"operating expenses are estimated to increase in 2017 " .Q4 earnings per share view $0.65, revenue view $1.11 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Brunswick Corporation Intends To Sell Sea Ray

* BRUNSWICK CORPORATION : BRUNSWICK CORPORATION INTENDS TO SELL SEA RAY