Brunswick Corp Stock Price, News & Analysis

Brunswick Corporation (NYSE: BC) announced it has won a record seven Boating Industry Magazine 2022 Top Product Awards, highlighting its innovative product lineup. Recognitions spanned across all product divisions, including four awards from the Brunswick Boat Group and two from the Advanced Systems Group. Notably, Mercury Marine received an award for its Joystick Piloting for Single-Engine Pontoons, marking an industry-first feature. These accolades underscore Brunswick's commitment to product innovation and leadership in the recreational marine market.

Brunswick Corporation (NYSE: BC) reported its first quarter 2022 financial results on April 28, highlighting key performance metrics. The detailed press release can be accessed on Brunswick's website. A conference call for analysts and investors is scheduled for the same day at 10 a.m. CDT. The agenda includes discussion from CEO David M. Foulkes and CFO Ryan M. Gwillim. Brunswick's extensive portfolio encompasses notable marine brands and products, emphasizing its strong market presence.

Freedom Boat Club, part of Brunswick Corporation (NYSE: BC), announced the opening of its 350th location in Silkeborg, Denmark, marking a significant milestone in its expansion efforts. Since being acquired by Brunswick in May 2019, Freedom has more than doubled its locations, adding 180 new clubs. The company now boasts over 28 locations in Europe, up from three in France just a year ago. This achievement underscores Freedom's strategy to enhance boating participation through shared-access models, with a focus on providing superior customer experiences and democratizing boating.

Brunswick Corporation (NYSE:BC) announced the acquisition of marine assets in the Southeast U.S., including a franchise territory in Lake Hartwell and Eclipse Marine Group. This initiative aims to enhance Brunswick's "Boating-as-a-Service" strategy and establish a regional marine operating center for Freedom Boat Club and Boateka. The deal enriches Brunswick's portfolio with additional marinas and boater services, positioning the company as an innovation hub for future boater engagement and marine electrification.

Brunswick Corporation (NYSE: BC) will release its Q1 2022 financial results on April 28, 2022, before market opening. The full results will be accessible on their website, with additional filings on the SEC's site. A conference call will occur at 10 a.m. CDT, featuring CEO David M. Foulkes and CFO Ryan M. Gwillim. Investors can join via phone or online, with replay options available until May 5. Brunswick, based in Mettawa, Illinois, is known for its marine products and services.

Mercury Marine, a division of Brunswick Corporation (NYSE: BC), reported impressive market share growth at the Palm Beach International Boat Show, capturing nearly 60% of total outboard engines and 70% of those over 200hp. This achievement signals Mercury's strongest performance at a Florida show to date, reflecting ongoing gains at other major shows like Miami and Ft. Lauderdale. President Chris Drees attributes this success to increasing demand, particularly in South Florida, and anticipates continued growth for the remainder of the year.

Brunswick Corporation (NYSE: BC) has appointed Alexandra Cattelan as Chief Technology Officer, effective immediately. Cattelan, with over 30 years in electric propulsion and advanced mobility, previously served at Polaris Industries and Fiat Chrysler. She will enhance Brunswick’s ACES strategy and maintain its technology leadership in the marine industry. CEO Dave Foulkes praised her extensive experience in advanced vehicle technology that aligns with the company's goal of delivering smart products. Cattelan expressed excitement about joining Brunswick at a transformative time.

Mercury Marine, part of Brunswick Corporation, showcased a record number of outboard engines at the Dubai International Boat Show, achieving nearly 90% market share. The company debuted its quad 7.6L V12 600hp Verado engines in the Middle East and highlighted its racing products, including the 300R AMS and 450R. This follows successful appearances at other major shows, reinforcing Mercury's leading position in the marine engine market. With strong partnerships in the UAE and plans for continued growth, 2022 is set to be a promising year for Mercury Marine.