Welcome to our dedicated page for Brunswick news (Ticker: BC), a resource for investors and traders seeking the latest updates and insights on Brunswick stock.
Brunswick Corporation (NYSE: BC) delivers innovative marine propulsion systems, fitness solutions, and recreational products through its portfolio of 60+ industry-leading brands. This news hub provides investors and industry professionals with comprehensive updates on corporate developments across all business segments.
Access timely reports on earnings announcements, product innovations like Mercury Marine technologies, and strategic partnerships. Our curated collection features press releases covering sustainability initiatives, manufacturing expansions, and market leadership in marine recreation.
Stay informed about BC's operational milestones through verified updates on boat manufacturing advancements, connected fitness solutions, and billiards industry developments. All content undergoes rigorous fact-checking to ensure compliance with financial reporting standards.
Bookmark this page for direct access to Brunswick's latest corporate communications, including regulatory filings and executive leadership updates. Combine these resources with fundamental analysis tools for informed investment research.
Brunswick Corporation (NYSE: BC) will announce its third quarter 2021 financial results on October 28, 2021, before market opening. The complete results will be accessible on the company’s website and the SEC’s website. Following the release, a conference call will occur at 10 a.m. CDT, featuring CEO David M. Foulkes and CFO Ryan M. Gwillim. Interested analysts and investors can join via phone or online. A replay of the call will be available until November 4, 2021. The company, known for brands like Mercury Marine and Bayliner, continues to navigate challenges amid economic uncertainties.
Brunswick Corporation (NYSE: BC) has finalized its acquisition of Navico for $1.05 billion, enhancing its Advanced Systems Group (ASG) with renowned brands such as Lowrance and Simrad. This strategic move is expected to drive revenue growth for Brunswick's Parts & Accessories (P&A) segment, projecting a run-rate exceeding $2.0 billion in revenues. Navico reported approximately $470 million in revenue for the 12-month period ending May 31, 2021, showcasing a strong margin profile. Brunswick plans to maintain its investment grade credit rating using a mix of debt and cash for the transaction.
Brunswick Corporation and Mercury Marine have won the Soundings Trade Only “Most Innovative Marine Company” award for the second time in three years, recognized during the IBEX in Tampa. The judges highlighted a record-setting 2021 with significant product launches, including the Mercury 600hp V12. Brunswick's commitment to employee health and customer demand during the pandemic was also praised. CEO Dave Foulkes emphasized the company's transformation and dedication to innovation, while Mercury Marine president Chris Drees noted the industry impact of their new technology.
Brunswick Corporation (NYSE: BC) has acquired SemahTronix, a supplier of high-complexity electrical wiring harnesses for marine, mobile, and defense sectors. This acquisition will enhance Brunswick's Advanced Systems Group (ASG) by providing high-quality harnessing systems, enabling vertical integration and improved quality control. This move aligns with Brunswick's strategy to grow within the system integration market. SemahTronix brings over 40 years of expertise, making this partnership a significant addition to Brunswick's capabilities.
Brunswick Corporation (NYSE: BC) achieved a remarkable performance at the Cannes Boat Show, showcasing the new 600hp V12 Verado outboard engine, which significantly outperformed competitors with double the number of outboards on display. Sea Ray reported a 65% revenue increase compared to the 2019 show, with strong sales across other brands. CEO Dave Foulkes highlighted growing market acceptance in Europe and the positive response from customers regarding new products. The event solidified Brunswick's expanding market share in key boating regions.
On September 14, 2021, Brunswick Corporation (NYSE: BC) will participate in CL King’s 19th Annual Best Ideas Conference. The company’s CEO David M. Foulkes, CFO Ryan Gwillim, and Investor Relations VP Brent Dahl will present at 3:15 PM Central Time. Interested parties can access the live webcast through this link or via the Brunswick Investor page. An archived replay will be available after the presentation.
Brunswick Corporation (NYSE:BC) has acquired RELiON Battery, LLC, a provider of lithium batteries, further aligning with its ACES strategy of Autonomy, Connectivity, Electrification, and Shared Access. The acquisition enhances Brunswick's position in the marine and RV battery market, while a new Electrification Technology Center in Michigan aims to bolster high-voltage capabilities. RELiON offers a broad range of lithium battery systems and this strategic move is expected to drive innovation in sustainable energy solutions, benefiting both companies and their customers.
On August 11, 2021, Brunswick Corporation (NYSE: BC) announced the expiration of its tender offers for all outstanding 7.375% Debentures due 2023 and 7.125% Notes due 2027. The offers, which ended at 5:00 PM on August 10, 2021, resulted in the acceptance of 22.67% (approx. $23.37 million) of 7.375% Debentures and 1.52% (approx. $2.48 million) of 7.125% Notes. Holders tendering these securities will receive specified cash consideration along with accrued interest. J.P. Morgan Securities LLC acted as the dealer manager for these offers.
Brunswick Corporation (NYSE: BC) has announced the pricing terms of its tender offers to purchase outstanding 7.375% Debentures due 2023 and 7.125% Notes due 2027. The offers aim to buy back $103 million of 7.375% Debentures and $163 million of 7.125% Notes. The total consideration for each series of securities will be based on a fixed spread over the reference yield of U.S. Treasury Securities. The tender offers are set to expire on August 10, 2021, at 5:00 p.m. ET. Holders will receive accrued interest upon tendering their securities. J.P. Morgan Securities LLC is the dealer manager for these offers.
Brunswick Corporation (NYSE: BC) has initiated tender offers to purchase debt securities amounting to over $266 million as part of its strategic financial management. The offers will expire on August 10, 2021, at 5:00 p.m. New York City time. The securities involved include 7.375% Debentures due 2023 and 7.125% Notes due 2027. Investors must tender their securities by the deadline to receive total consideration, which is based on a fixed spread over a reference yield of U.S. Treasury securities. The company may consider further debt repayment following these tender offers.
