$BC

BRUNSWICK CORP (BC) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. News Release Brunswick Corporation 26125 N. Riverwoods Blvd., Suite 500, Mettawa, IL 60045 Telephone 847.735.4700 Brunswick Corporation Announces Leadership Transition David Foulkes to retire from Brunswick as Chief Executive Officer and Chairman of the Board at the end of 2026;

Brunswick Corporation (BC) reported Q2 net sales of $1.6B, up 8% YoY, with all segments growing. Adjusted EPS rose 34% to $1.56, beating estimates. Free cash flow was $278M, and guidance was raised. Management noted tariff, inflation, and spending pressures but expressed confidence in long-term growth and margin expansion.

Brunswick (BC) CEO David Foulkes highlighted AI-driven auto-docking boats and defense deals, including unmanned military vessels with Textron (TXT), as growth drivers. The company showcased Auto Captain, an AI-powered docking system, and discussed AI applications in customer service and supply chain. Brunswick has sold about 20 unmanned surface vessels to the Navy.

Brunswick Corp., parent of Sea Ray and Boston Whaler, says AI navigation and autonomous docking can support boat sales amid weak demand, while expanding aftermarket and recurring revenue. It targets 145,000 to 160,000 units by 2030 and $7B to $8B revenue, 10% to 13% margins, and $8 to $12 EPS. Roth has a $94 target; shares trade near $82.

Brunswick (BC) reported Q2 2026 net sales of $1.6B, up 8% y/y, and adjusted EPS of $1.56, up 34% y/y, citing pricing, mix, and OEM demand. Free cash flow was $278M. Full-year guidance raised to $5.7B-$5.8B revenue, $4.35-$4.75 adjusted EPS, and over $400M FCF, with IEEPA refunds and tariff/material inflation impacts.

Morgan Stanley analyst Stephen Grambling reiterated a Hold rating on Brunswick (BC) and set a $86.00 price target. BC closed at $79.75. TipRanks says Grambling is a 4-star analyst. Other firms also issued Holds, while Roth MKM kept a Buy. Brunswick reported $1.56B revenue and $109.8M net profit for the quarter ended July 4.

Analysts issued updates on consumer cyclical stocks. Jefferies’ Brent Thill kept Amazon (AMZN) at Buy with a $330 target; shares closed at $235.50. KeyBanc reiterated Trimas (TRS) Buy with a $45 target; shares closed at $38.06. KeyBanc kept Brunswick (BC) at Hold; shares closed at $79.75, with consensus target $90.80.

Brunswick reported Q2 revenue of $1.56B, above analysts’ $1.52B estimate, and operating margin of 8.3% versus 7.1% a year earlier. The company slightly raised full-year revenue guidance to $5.75B and increased adjusted EPS guidance to $4.55. Margin support came from premium mix, aftermarket and Freedom Boat Club growth, and about $30M in tariff refunds, while tariffs and material inflation remain headwinds.

Brunswick Corp. summarized Q2 2026 results and outlook, citing a “K-shaped” market with resilience in premium fiberglass and core products versus pressure on value models. Management said Boat margins improved about 100 bps via value-model rationalization. Full-year guidance assumes net IEEPA benefit slightly above $0.30/share, plus >100 bps propulsion margin growth. It plans to retire $160m+ debt.

Thursday, July 30, 2026 at 11:00 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer - David Foulkes Chief Financial Officer - Ryan Gwillim Senior Vice President and Deputy CFO - Stephen Weiland TAKEAWAYS Net Sales -- $1.6 billion, up 8% year over year driven by pricing actions, improved mix, and strong OEM demand across all segments. Adjusted EPS -- $1.56, an increase of 34% compared to the prior year, reflecting a $0.20 net benefit from IEEPA refunds and operational execution.