Brunswick (NYSE:BC) Posts Quarterly Earnings Results, Beats Expectations By $0.37 EPS

Brunswick (NYSE:BC) released its quarterly earnings results on Thursday. The company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.19 by $0.37, Zacks reports. Brunswick had a negative net margin of 2.47% and a positive return on equity of 13.30%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.90 EPS. Brunswick updated its Q3 2026 guidance to 1.200-1.400 EPS and its FY 2026 guidance to 4.350-4.750 EPS.

Here are the key takeaways from Brunswick’s conference call:

• Second-quarter results exceeded expectations, with sales up 8% to $1.6 billion and adjusted EPS up 34% to $1.56. Growth was broad-based across all segments, supported by pricing, product mix, OEM demand, and recurring-revenue businesses.
• Brunswick raised its full-year outlook to $5.7 billion–$5.8 billion in revenue, approximately 8% adjusted operating margin, and adjusted EPS of $4.35–$4.75; free-cash-flow guidance increased to more than $400 million. The company also plans to retire at least $160 million of debt by year-end.
• Demand remains bifurcated, with premium fiberglass and core boat products roughly flat and resilient, while value-oriented runabout models remain pressured by affordability and consumer sentiment. Brunswick expects boat retail sales to finish roughly flat to slightly down, while dealer inventories remain lean and wholesale demand steady.
• Recurring and aftermarket businesses continued to perform strongly: Engine Parts & Accessories sales rose 9%, Navico sales increased 7%, and Freedom Boat Club member trips climbed 13% in the first half. Freedom Boat Club also reached its 450th global location, reinforcing Brunswick’s participation-driven revenue streams.
• Tariffs and inflation remain material risks, with total 2026 tariff costs estimated at approximately $40 million and newly introduced Section 301 and Canadian tariffs adding about $5 million of incremental net impact. Management also expects roughly $15 million of additional material inflation in the second half, partly offset by expected IEEPA refunds.

Brunswick Stock Performance

Shares of BC stock traded down $0.39 during trading hours on Thursday, hitting $80.07. The stock had a trading volume of 588,219 shares, compared to its average volume of 840,169. The firm has a market capitalization of $5.20 billion, a PE ratio of -38.21 and a beta of 1.33. Brunswick has a twelve month low of $55.60 and a twelve month high of $90.25. The stock’s 50 day moving average is $81.28 and its 200 day moving average is $80.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.38 and a quick ratio of 0.62.

Brunswick Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, August 20th will be given a $0.44 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.2%. Brunswick’s dividend payout ratio is -83.81%.

Insider Buying and Selling at Brunswick

In related news, CEO David M. Foulkes sold 25,853 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $83.12, for a total transaction of $2,148,901.36. Following the transaction, the chief executive officer owned 267,528 shares of the company’s stock, valued at $22,236,927.36. This trade represents a 8.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.99% of the company’s stock.

Institutional Investors Weigh In On Brunswick

A number of hedge funds have recently added to or reduced their stakes in BC. Quarry LP boosted its stake in shares of Brunswick by 38.4% in the fourth quarter. Quarry LP now owns 440 shares of the company’s stock valued at $33,000 after buying an additional 122 shares in the last quarter. Danske Bank A S acquired a new stake in Brunswick in the third quarter valued at $38,000. Larson Financial Group LLC boosted its position in shares of Brunswick by 705.4% during the 3rd quarter. Larson Financial Group LLC now owns 596 shares of the company’s stock worth $38,000 after purchasing an additional 522 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Brunswick by 477.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 727 shares of the company’s stock worth $39,000 after purchasing an additional 601 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Brunswick by 15.2% during the 3rd quarter. NewEdge Advisors LLC now owns 1,332 shares of the company’s stock worth $84,000 after purchasing an additional 176 shares during the period. Institutional investors and hedge funds own 99.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Truist Financial boosted their target price on Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Morgan Stanley lifted their price objective on Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. increased their target price on Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a report on Wednesday, June 24th. Finally, Wall Street Zen lowered shares of Brunswick from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $87.07.

Key Headlines Impacting Brunswick

Here are the key news stories impacting Brunswick this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Adjusted diluted EPS was $1.56, well above the $1.19-$1.20 analyst consensus and up from $1.16 a year ago. Net sales rose 7.7% year over year to $1.56 billion, while GAAP net earnings increased 85% to $109.8 million. Brunswick Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Broad-based sales growth supported the quarter. Propulsion sales increased 7.7%, Engine Parts and Accessories rose 8.9%, Navico Group grew 6.7%, and Boat sales advanced 4.6%. GAAP operating earnings climbed 25.3% to $129.4 million. Brunswick Q2 Net Sales Rise 8 Percent to $1.56 Billion
• Positive Sentiment: Full-year adjusted EPS guidance was raised. Brunswick now expects 2026 adjusted EPS of $4.35-$4.75, above the $4.26 consensus estimate. The company maintained revenue guidance of $5.7-$5.8 billion and expects at least $400 million of free cash flow. Brunswick Quarterly Results and Guidance
• Neutral Sentiment: Management released the results and scheduled an earnings call with executives to discuss performance, cash flow, and the outlook. Investors will likely focus on demand trends, dealer inventories, tariffs, and consumer financing conditions. Brunswick Releases Second Quarter Earnings
• Negative Sentiment: Third-quarter guidance was below expectations. Brunswick forecast adjusted EPS of $1.20-$1.40 versus the $1.45 consensus, with revenue of $1.4-$1.5 billion compared with the $1.5 billion estimate. This softer near-term outlook could temper the positive reaction to the Q2 beat.

About Brunswick

Founded in 1845 by John Moses Brunswick, Brunswick Corporation is a global leader in recreation products. Headquartered in Mettawa, Illinois, the company has evolved from its origins as a billiard table manufacturer into a diversified supplier of leisure equipment, serving both consumer and commercial markets around the world.

Brunswick operates through two primary segments: Marine and Bowling & Billiards. In its Marine segment, the company designs, manufactures and distributes recreational boats, outboard engines and aftermarket parts under recognized brands such as Sea Ray, Bayliner and Mercury Marine.