Welcome to our dedicated page for Brunswick Corporation news (Ticker: BC), a resource for investors and traders seeking the latest updates and insights on Brunswick Corporation stock.
Brunswick Corporation (NYSE: BC) has established itself as a global leader in marine recreation, fitness, and billiards industries. With a legacy spanning over 160 years, Brunswick continues to drive innovation and quality across its various sectors. The company's marine division is particularly noteworthy, boasting more than 60 brands that cover propulsion (including outboard, sterndrive, and inboard engines), parts, accessories, and technology. Notable brands such as Boston Whaler and Sea Ray highlight Brunswick's dominance in the boating industry. Additionally, the Freedom Boat Club and Boateka demonstrate Brunswick’s commitment to expanding marine participation and accommodating diverse customer needs.
In the fitness equipment sector, Brunswick is recognized for its leading-edge innovations and superior quality. The company’s billiards division leverages decades of heritage and expertise, making it a respected name in the industry. Financially, Brunswick has shown resilience and growth, evidenced by consistent dividend increases and robust quarterly earnings reports.
Brunswick’s commitment to sustainability is also commendable. Recent achievements include significant reductions in carbon emissions, energy use, and water consumption, along with attaining zero waste to landfill status at multiple locations. The company’s social responsibility initiatives are equally impressive, with substantial donations to non-profits and scholarships for employees' children.
The firm’s recent financial results and strategic milestones reflect its strong position and future growth potential. Notable highlights include the introduction of the new Flite AIR and Flite AIR PRO eFoil models and the successful launch of the Avator electric outboards, underscoring its commitment to sustainable and innovative marine technologies.
Brunswick's consistent industry recognition, such as being named one of America’s Best Large Employers by Forbes and one of the Most Trustworthy Companies by Newsweek, further solidifies its reputation as a top employer and a responsible corporate entity. With a workforce of over 17,000 employees across 25 countries, Brunswick remains dedicated to providing exceptional marine and recreational experiences, driven by consumer insights and a commitment to innovation.
Brunswick Corporation (NYSE: BC) announced its fourth quarter and full year 2021 financial results. The results detail the company's performance amidst various challenges, including supply chain disruptions and market conditions. A conference call will be held today to discuss the results in detail, providing insights from key executives. The press release contains forward-looking statements, highlighting risks that may impact future performance, such as economic conditions and operational challenges. For further information, the full press release is accessible on Brunswick's website.
Nextech AR Solutions Corp (OTCQB: NEXCF, NEO: NTAR) announces multiple CAD to POLY deals across various industries, including partnerships with Ford (NYSE: F), Brunswick Corporation (NYSE: BC), and Jacuzzi Brands. This collaboration validates their ARitize CAD technology, allowing efficient conversion of large CAD files into lightweight 3D models. With the global CAD market projected to reach $11 billion by 2023, Nextech aims to capitalize on the demand for 3D models, enhancing engagement in the metaverse and potentially driving higher sales.
Brunswick Corporation (NYSE: BC) will announce its fourth quarter and full year 2021 financial results on January 27, 2022, prior to market opening. The complete results will be publicly accessible on the Company’s website and via the SEC’s Form 8-K filing. A conference call will be held at 10 a.m. CST, featuring CEO David M. Foulkes and CFO Ryan M. Gwillim. Investors can join by calling designated numbers or streaming online. A replay will be available until February 3, 2022. For more details about Brunswick's offerings, visit brunswick.com.
On January 4, 2022, Brunswick Corporation (NYSE: BC) announced a virtual power purchase agreement (VPPA) with Vesper Energy to secure clean solar energy for its global operations. The deal aims to supply approximately 57 MW of renewable energy annually from Vesper's 500 MW Hornet Solar project in Texas, expected to be operational by late 2023. Brunswick's commitment to sustainability is underscored by various recognitions in 2021 for its ESG initiatives, including being included in Forbes' lists for diversity and responsibility.
Brunswick Corporation (NYSE: BC) announced its decision to not participate in-person at the 2022 Consumer Electronics Show (CES) due to rising COVID-19 infection rates and concerns surrounding the omicron variant. CEO Dave Foulkes confirmed that the company will engage virtually, promoting its Next Wave strategy and showcasing award-winning products through digital platforms. Brunswick plans to return to in-person participation at CES 2023.
Brunswick Corporation (NYSE: BC) announced its participation in the 2022 Virtual Consumer Electronics Show (CES) Media Days scheduled for January 5-8, 2022. CEO Dave Foulkes detailed the company's Next Wave strategy, focusing on ACES: autonomy, connectivity, electrification, and shared access. Highlighted innovations include Mercury's V12, 600HP Verado propulsion system, advancements in autonomous boating via augmented reality simulations, and a partnership with E1 racing series for electric powerboat technology. The media presentation can be viewed on Brunswick's official site.
Freedom Boat Club, part of Brunswick Corporation (NYSE: BC), has acquired the Rhode Island franchise operation, including all four current locations and rights for future expansion. This acquisition enhances Brunswick's growth strategy in top boating markets, following recent purchases in New York and Connecticut. With this expansion, Freedom Boat Club aims to strengthen its regional presence and operational efficiencies. The former franchise owner, Richard Cromwell, will assist in the transition, ensuring business continuity and the legacy of exceptional on-water experiences for members.
Freedom Boat Club, a part of Brunswick Corporation (NYSE: BC), announced the opening of its 300th location in Boston and Cape Cod, co-owned by franchisees Matt Carrick and Matt O'Connor. This marks an increase from 170 to 300 locations since Brunswick's acquisition in May 2019, growing total memberships to over 46,000 across 33 states, Canada, and Europe. The club completed over 425,000 boating trips in 2021, showcasing significant growth and commitment to enhancing the boating experience. The new location will open for the 2022 season at Safe Harbor Plymouth.
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