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 (NYSE: BC) reported record-breaking performance at the 2024 Ft. Lauderdale International Boat Show. Mercury Marine achieved record outboard market share for the seventh consecutive year, reaching 58% overall and 74% in the on-water segment. Sea Ray set new unit sales records and launched new models. Boston Whaler reported increased unit sales and retail revenue, with strong performance in larger boats. The company successfully introduced Navan to the North American market, while Navico Group and Flite products showed strong presence across exhibits.
Brunswick (NYSE: BC) has been recognized as one of Forbes' 'World's Top Companies for Women 2024', placing in the top half among 400 selected companies. The recognition highlights Brunswick's commitment to supporting women in the workplace, with women representing a significant portion of leadership positions, including half of division presidents.
The company promotes female advancement through its Women on the Water employee resource group, focusing on attracting, retaining, and developing female talent. The selection process involved surveys of approximately 100,000 women across 37 countries, evaluating companies based on Employer Brand Score, Public Opinion Score, and Leadership Score.
Brunswick (NYSE: BC) announced the release of its third quarter 2024 financial results. The company will host a conference call on October 24, 2024, at 10 a.m. CT/ 11 a.m. ET, led by CEO David M. Foulkes, CFO Ryan M. Gwillim, and SVP of Enterprise Finance Neha Clark. Financial details are available on Brunswick's website and the SEC's Form 8-K filing. Analysts and investors can participate via telephone, and a presentation will be available when results are released. A replay will be accessible through October 31, 2024.
Brunswick (NYSE: BC) has announced a quarterly dividend on its common stock. The Board of Directors has approved a dividend of $0.42 per share. This dividend will be payable on December 13, 2024, to shareholders of record at the close of business on November 20, 2024. The announcement demonstrates Brunswick's commitment to returning value to its shareholders through regular dividend payments.
Brunswick (NYSE: BC) has announced that it will release its 2024 third quarter earnings on Thursday, October 24, 2024. The company will host a conference call at 10 a.m. CT/ 11 a.m. ET on the same day, featuring CEO David M. Foulkes, CFO Ryan M. Gwillim, and SVP of Enterprise Finance Neha Clark.
Analysts and investors can participate via telephone by calling 877-900-9524 (North America) or 412-902-0029 (outside North America). The call can also be accessed online at www.brunswick.com/investors. A replay will be available until 1 pm CT Thursday, October 31, 2024, by calling 877-660-6853 or 201-612-7415 (Access ID: 13749362) or via the company's website.
Brunswick (NYSE: BC) concluded a successful Cannes Yachting Festival, showcasing its leading market share and introducing new products. Mercury Marine dominated the outboard engine market, capturing over 60% share on boats up to 12 meters and nearly 70% of all outboard engines on display. At Port Vieux, Mercury outboards accounted for almost 90% of engines on larger boats.
Mercury Racing unveiled new V6 platform engines and a 105hp outboard jet. Navico Group products were present on around 70% of all boats, with new models featuring Simrad's NXT Ultrawide and other Navico brands. Brunswick Boat Group's presence included exhibits from Boston Whaler, Sea Ray, and Navan, with Sea Ray's SPX190 Outboard winning the "Motorboat of the Year" award. Flite celebrated its one-year anniversary with Brunswick by hosting a European dealer event.
Freedom Boat Club, a Brunswick (NYSE: BC) brand, has acquired the South Florida franchise operations and territory. This acquisition adds 13 corporate locations from Pompano Beach to Stuart, Florida, with rights to expand along the Southeast Florida coastline. The move enhances Freedom's corporate presence in the region, creating opportunities for operational efficiencies.
The acquired South Florida operation, established in 2014 by Dan Lund, has been recognized for its top franchise growth and won The Best of Palm Beach County award for five consecutive years. Since Brunswick's acquisition of Freedom Boat Club in 2019, the company has expanded from 170 to over 415 locations globally across North America, Europe, and Australia.
Brunswick (NYSE: BC), the world's largest recreational marine technology company, has been named to Newsweek's list of the World's Most Trustworthy Companies for the second consecutive year. The company was recognized in the Machines and Industrial Equipment category, reflecting its commitment to improving employee experiences, driving customer loyalty, and building investor confidence.
The list was compiled through an extensive survey of 70,000 people across 20 countries, evaluating elements related to customer, investor, and employee trust. A total of 1,000 companies made the list across 23 industries. Brunswick's CEO, Dave Foulkes, expressed honor at the recognition, emphasizing the company's commitment to conducting business responsibly and with integrity.
This award adds to Brunswick's recent national recognitions for employee and customer satisfaction, underscoring its dedication to maintaining a positive corporate culture and stakeholder relationships.
Brunswick (NYSE: BC) has announced significant organizational changes to broaden the experience of its senior leadership team. Aine Denari is appointed Executive VP and President of Navico Group, and Brunswick Chief Technology Officer. Brenna Preisser becomes Executive VP and President of Brunswick Boat Group. Will Sangster is promoted to Senior VP and President of Business Acceleration.
These changes aim to leverage the leaders' proven track records and expertise across different divisions. Denari will lead Navico Group's evolution and Brunswick's technology strategy. Preisser will oversee Brunswick's portfolio of 18 leading boat brands. Sangster will focus on growing the Business Acceleration division, including Freedom Boat Club's international expansion.
CEO Dave Foulkes emphasized that these moves, along with Ryan Gwillim's recent role expansion to CFO and Chief Strategy Officer, reflect Brunswick's commitment to developing high-potential leaders and maintaining a competitive advantage through talent management.
Brunswick (NYSE: BC) has released its second quarter 2024 financial results. The full-text financial results press release is available on the company's website and will also be filed with the SEC. Brunswick will hold a conference call on Thursday, July 25, 2024, at 10 a.m. CDT/ 11 a.m. EDT, hosted by CEO David M. Foulkes, CFO Ryan M. Gwillim, and SVP of Enterprise Finance Neha Clark.
Analysts and investors can participate via telephone by calling 877-900-9524 (North America) or 412-902-0029 (outside North America). The call can also be accessed via the Internet at www.brunswick.com/investors. A replay will be available until August 1, 2024, by calling 877-660-6853 or 201-612-7415 (Access ID: 13747526) or on the company's website.
FAQ
What is the current stock price of Brunswick Corporation (BC)?
What is the market cap of Brunswick Corporation (BC)?
What industries does Brunswick Corporation operate in?
What are some of Brunswick's well-known brands?
How has Brunswick shown its commitment to sustainability?
What recent financial achievements has Brunswick reported?
What is Brunswick's approach to innovation?
What recognitions has Brunswick received recently?
How does Brunswick support its employees' well-being?
What are Brunswick’s core values?
Where is Brunswick Corporation headquartered?
How many employees does Brunswick Corporation have?
