Financial Performance - Q2 2025 net sales increased by 0.2% to $1.4 billion compared to Q2 2024[14, 84] - Adjusted EPS was $1.16, a decrease of 36% compared to Q2 2024[14] - Free cash flow for Q2 2025 was $288 million, an increase of $119 million compared to Q2 2024[14] - Year-to-date 2025 net sales decreased by 5% to $2.669 billion compared to 2024[48] - Year-to-date 2025 free cash flow was $244 million, an increase of $279 million compared to the previous year[41, 48] Segment Performance - Propulsion segment net sales increased by 7% to $598.2 million in Q2 2025 compared to Q2 2024[51] - Engine P&A segment net sales increased by 1% to $337.8 million in Q2 2025 compared to Q2 2024[53] - Navico Group segment net sales decreased by 4% to $202.3 million in Q2 2025 compared to Q2 2024[57] - Boat segment net sales decreased slightly by 0% to $405.6 million in Q2 2025 compared to Q2 2024[59] External Factors and Outlook - The company estimates a potential $55-70 million incremental tariff exposure for FY2025[32, 61] - The company updated its 2025 debt reduction target to $175 million, an increase of $50 million from Q1 guidance[41] - The company anticipates approximately $3.25 billion in revenue[63]