Core Insights - Brunswick reported $1.22 billion in revenue for Q1 2025, a year-over-year decline of 10.5%, with EPS of $0.56 compared to $1.35 a year ago, exceeding the Zacks Consensus Estimate of $1.13 billion by 7.69% and delivering an EPS surprise of 124% [1] Financial Performance - Net Sales in Propulsion were $487 million, exceeding the average estimate of $436.28 million, representing a year-over-year decline of 15.8% [4] - Net Sales for Engine Parts & Accessories reached $255.30 million, above the average estimate of $241.29 million, with a year-over-year decline of 2.7% [4] - Net Sales for Boats were $372.10 million, surpassing the estimated $346.09 million, reflecting a year-over-year decrease of 12.6% [4] - Net Sales from Segment Eliminations were -$100.80 million, worse than the average estimate of -$90.64 million, showing a year-over-year change of -10.2% [4] - Net Sales for Navico Group were $208.20 million, slightly above the average estimate of $204.19 million, with a year-over-year decline of 1.3% [4] Operating Earnings - Adjusted Operating Earnings for Propulsion were $46.50 million, exceeding the average estimate of $28.62 million [4] - Adjusted Operating Earnings for Engine Parts & Accessories were $39.10 million, above the average estimate of $31.95 million [4] - Adjusted Operating Earnings for Navico Group were $11.20 million, slightly below the average estimate of $11.38 million [4] - Adjusted Operating Earnings for Corporate/Other were -$33.80 million, worse than the average estimate of -$30.25 million [4] - Adjusted Operating Earnings for Boats were $9.10 million, below the average estimate of $12.74 million [4] Stock Performance - Brunswick's shares have returned -19.7% over the past month, compared to the Zacks S&P 500 composite's -5.1% change, with a Zacks Rank of 4 (Sell), indicating potential underperformance in the near term [3]

Financial Performance - First quarter 2025 net sales were $1,221.8 million, a decrease of 10.5% compared to Q1 2024[2] - GAAP diluted EPS for the first quarter was $0.30, while as adjusted diluted EPS was $0.56, reflecting a decline of 70.0% and 58.5% respectively year-over-year[2] - Operating earnings fell to $56.3 million, down 49% from $110.6 million in the same quarter last year[26] - Net earnings from continuing operations decreased by 70% to $20.2 million, compared to $68.4 million in Q1 2024[26] - Adjusted operating earnings for the total company were $72.1 million, down 49% from $141.5 million in Q1 2024[27] Segment Performance - The propulsion segment experienced a 16% decrease in sales compared to Q1 2024, with operating earnings also down due to lower sales and production levels[9] - The engine parts and accessories segment reported a 3% decrease in sales, but operating margin improved to 15%, up more than 100 basis points year-over-year[10] - Freedom Boat Club contributed approximately 11% of the boat segment sales, showing strong membership growth despite a 13% decrease in overall boat segment sales[12] - The Propulsion segment reported net sales of $487.0 million, a decline of 15.8% from $578.2 million in Q1 2024[28] - The Engine Parts & Accessories segment saw a slight decrease in net sales to $255.3 million, down 2.7% from $262.4 million[28] - The Navico Group segment experienced a 1.3% decline in net sales, totaling $208.2 million compared to $210.9 million[28] - Boat segment net sales decreased by $53.6 million, or 12.6%, from $425.7 million in Q1 2024 to $372.1 million in Q1 2025[31] - GAAP operating earnings for the boat segment fell by $21.7 million, or 73.8%, from $29.4 million in Q1 2024 to $7.7 million in Q1 2025[31] - Adjusted operating earnings for the boat segment decreased by $22.5 million, or 71.2%, from $31.6 million in Q1 2024 to $9.1 million in Q1 2025[31] Cash Flow and Financial Position - Brunswick generated outstanding free cash flow, with a $160 million improvement compared to Q1 2024, marking the second-best first quarter cash flow in over a decade[3] - Net cash used for operating activities of continuing operations was $(13.4) million in Q1 2025, compared to $(148.1) million in Q1 2024[33] - Free cash flow for Q1 2025 was $(44.4) million, a decrease from $(204.5) million in Q1 2024[33] - Cash and cash equivalents at the end of Q1 2025 were $286.7 million, down from $548.4 million at the end of Q1 2024[33] - Total assets increased from $5,677.7 million in Q1 2024 to $5,857.0 million in Q1 2025, reflecting a growth of $179.3 million[32] - Current liabilities rose from $1,279.9 million in Q1 2024 to $1,468.2 million in Q1 2025, an increase of $188.3 million[32] - The debt-to-capitalization rate increased from 55.3% in Q1 2024 to 57.0% in Q1 2025[32] Guidance and Strategic Initiatives - The company updated its full-year guidance, projecting net sales between $5.0 billion and $5.4 billion and adjusted diluted EPS in the range of $2.50 to $4.00[16] - Brunswick plans to continue investing in new products and technologies while managing supply chain actions to mitigate tariff impacts[15] - The company completed $26 million in share repurchases during the first quarter, reinforcing its commitment to return value to shareholders[8] Recognition and Taxation - Brunswick Corporation was recognized as one of America's Best Large Employers for 2024 by Forbes Magazine for the sixth consecutive year[25] - The effective tax rate increased to 28.1% from 21.4% year-over-year[26] - Research and development expenses decreased by 16% to $38.5 million from $45.8 million in the prior year[26] Corporate/Other Segment - GAAP operating loss in the Corporate/Other segment increased by $1.4 million, or 4.3%, from $(32.4) million in Q1 2024 to $(33.8) million in Q1 2025[31]

Core Viewpoint - Brunswick Corporation has released its first quarter 2025 financial results, indicating ongoing performance in the marine recreation industry [1]. Financial Results - The complete financial results press release is available on the company's website and will also be filed with the SEC [1]. Conference Call - A conference call is scheduled for April 24, 2025, at 10 a.m. CT, hosted by the CEO and CFO [2]. - Participants can join via telephone or listen online, with specific numbers provided for North America and international callers [3]. Replay Information - A replay of the conference call will be available until May 1, 2025, through designated phone numbers and the company's investor website [4]. Company Overview - Brunswick Corporation is a leader in marine recreation, offering innovative technology-driven solutions and operating over 60 industry-leading brands [5]. - The company employs approximately 14,500 people across 26 countries and has received multiple awards, including being named America's Best Large Employers for 2024 by Forbes [5].

Core Viewpoint - Brunswick is expected to report a year-over-year decline in earnings due to lower revenues, which could significantly impact its near-term stock price depending on how actual results compare to consensus estimates [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for April 24, 2025, with an expected earnings per share (EPS) of $0.25, reflecting a year-over-year decrease of 81.5% [3]. - Revenues are anticipated to be $1.14 billion, down 16.6% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.51% lower in the last 30 days, indicating a bearish sentiment among analysts regarding Brunswick's earnings prospects [4][10]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -27.31% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [6][7]. - A positive Earnings ESP combined with a strong Zacks Rank (1, 2, or 3) has shown a nearly 70% success rate for predicting earnings surprises [8]. Historical Performance - In the last reported quarter, Brunswick had an expected EPS of $0.18 but delivered $0.24, resulting in a surprise of +33.33% [12]. - Over the past four quarters, Brunswick has only beaten consensus EPS estimates once [13]. Conclusion - Brunswick does not currently appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].

Group 1 - The founder of "The Investment Editor's Cut" has over 25 years of experience in the financial and investment industry, currently operating an investor service [1] - The founder previously served as a Senior Managing Editor at Seeking Alpha for approximately 11 years and has experience in treasury management, financial liquidity, currency risk hedge portfolios, and investment arbitrage trades [1] - The founder has a strong interest in behavioral finance and combines investment ideas that are contrarian, event-driven, and structured trades [1] Group 2 - The founder completed the requirements for the CFA Charter in 2003 and is an active member of the CFA Institute [1] - The founder holds a beneficial long position in the shares of BC through stock ownership, options, or other derivatives [1] - The articles and investment ideas presented may reflect personal opinions and are not compensated by any company mentioned [1]

METTAWA, Ill., April 10, 2025 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) will release its 2025 first quarter financial results on Thursday, April 24, 2025 before the market opens by way of an advisory release, notifying the public that the complete and full-text results will be available on the Company’s website at https://ir.brunswick.com. The results will also be available on the SEC’s website with the Form 8-K filing of the release at http://goo.gl/wJQN1. The Company will hold a conference cal ...

Core Insights - Brunswick Corporation has been recognized by Newsweek as one of America's Greatest Workplaces for Women, reflecting its commitment to creating an empowering work environment [1][2] - The recognition emphasizes Brunswick's initiatives in leadership development, mentoring, and work-life balance policies [2][3] Company Overview - Brunswick Corporation is the global leader in marine recreation, offering innovative solutions that enhance experiences on the water [5] - The company operates over 60 industry-leading brands, including Mercury Marine and Boston Whaler, and has approximately 14,500 employees across 26 countries [5] - In 2024, Brunswick was named America's Best Large Employers for the sixth consecutive year by Forbes Magazine [5]

Core Insights - Brunswick Corporation has been recognized by Newsweek as one of America's Greatest Workplaces for Women, reflecting its commitment to a supportive work environment that promotes personal and professional growth [1][2]. Group 1: Recognition and Commitment - The recognition from Newsweek highlights Brunswick's ongoing efforts to create a workplace where diverse perspectives are valued, fostering innovation and employee empowerment [2]. - Brunswick's initiatives include leadership development programs, mentoring opportunities, and policies that support work-life balance, which contributed to its recognition [2]. Group 2: Evaluation Process - The rankings were determined through a comprehensive evaluation by Plant-A Insights Group, which included analysis of public data, interviews with HR professionals, and confidential surveys from over 215,000 female employees, resulting in more than 2.2 million detailed reviews [3]. Group 3: Company Overview - Brunswick Corporation is a global leader in marine recreation, with a focus on innovation and technology-driven solutions, operating over 60 industry-leading brands [5]. - The company has approximately 14,500 employees across 26 countries and has received multiple accolades, including being named America's Best Large Employers for 2024 by Forbes for six consecutive years [5].

Core Viewpoint - Lode Gold Resources Inc. is set to spin out its subsidiary Gold Orogen as a separate public company in March 2025, with a focus on exploration targets in New Brunswick, particularly at McIntyre Brook, which shows promising mineralization potential [1][2]. Group 1: Exploration Targets and Findings - The 2025 exploration program will focus on newly identified targets at McIntyre Brook, where previous findings indicated gold endowment in mineralized rhyolites, consistent with surrounding properties [3][6]. - A small test drill program in 2019 at McIntyre Brook yielded a best intercept of 5.73 g/t Au over a broader 20 m zone of 1.20 g/t Au, reinforcing the area's potential for gold-copper discoveries [3][6]. - The HeliTEM² survey and soil geochemistry conducted in late 2024 revealed electromagnetic conductors and gold-in-soil anomalies, suggesting nearby gold mineralization [4][5]. Group 2: Joint Ventures and Land Packages - Gold Orogen has formed a joint venture with Fancamp, creating one of the largest land packages on the Iapetus Suture Belt, covering 445 km², which is considered highly prospective for gold and polymetallic minerals [2][13]. - The New Brunswick region is noted for its excellent infrastructure and geopolitics, making it an under-explored area with significant potential for mining activities [2]. Group 3: Future Plans and Statements - The company plans to conduct soil sampling and trenching in both McIntyre Brook and Riley Brook to generate and test drill targets, with field crews expected to begin work following the finalization of the exploration plan [8]. - The complete dataset from the 2024 exploration program has been received, and target generation for the 2025 exploration plan is progressing [8].

Core Insights - Brunswick Corporation showcased strong performance at the 2025 Miami International Boat Show, with significant sales from premium boat brands and continued growth in Mercury Marine outboard engine market share [1][2][4] Sales Performance - Brunswick experienced strong sales from its premium boat brands during the five-day event, with Mercury Marine achieving nearly 58% market share in outboard motors, an increase of almost four percentage points year-over-year [4] - Sea Ray reported a 25% increase in unit sales compared to the 2024 Miami Show and nearly a 50% increase compared to the 2022 Show, particularly in larger boats over 32 feet [4] - Boston Whaler maintained strong sales to US customers, although sales to Latin American customers were softer due to the strong dollar [4] Product Innovations - Mercury Marine launched its Single Engine Joystick with Thruster system, enhancing joystick control for a new class of boats [4] - Flite introduced the Series 5 Fliteboard, featuring the new Flite Jet 2 propulsion system developed in collaboration with Mercury Marine, showcasing synergies among Brunswick's brands [4] Awards and Recognition - Brunswick received nine awards at the show, including four Consumer Satisfaction Index Awards and five Neptune Awards for excellence in marketing [4]