Brunswick Corporation reports developments across marine propulsion, boat brands, parts, accessories, electronics, and boating services. News commonly covers Mercury Marine propulsion systems, Navico Group electronics and electrical systems, Boston Whaler and Sea Ray boat brands, Freedom Boat Club operations, earnings releases, dividend declarations, and capital-market communications.
Company updates also include collaborations that apply Brunswick vessels, propulsion, and onboard technology to specialized marine platforms, franchise and corporate-club expansion within Freedom Boat Club, trade-show activity for premium boats and outboards, tariff and supply-chain commentary, and leadership changes within Brunswick Boat Group brands.
Brunswick Corporation (NYSE: BC) is set to announce its fourth quarter and full year 2020 financial results on January 28, 2021, prior to the market opening. The results will be accessible on the company's investor relations website and via SEC Form 8-K. Management will host a conference call at 10 a.m. CST on the same day, featuring CEO David M. Foulkes and CFO Ryan M. Gwillim. Investors can join the call via designated phone numbers or listen online. A recording will be available until February 3, 2021.
Mercury Marine, part of Brunswick Corporation (NYSE: BC), has installed its first solar panel array at its headquarters in Fond du Lac, Wisconsin. The array consists of 320 panels and will power the facility for the next 30 years, aligning with Brunswick's goal of sourcing 50% of electricity from renewable resources by 2030. This initiative follows Mercury's previous solar project launched in 2017 in Belgium, which reduced grid electricity usage by 33%. Mercury's commitment to sustainability includes various energy efficiency measures recognized by the Focus on Energy program.
Summary not available.
Summary not available.
Summary not available.
Freedom Boat Club, a division of Brunswick Corporation (NYSE: BC), has announced the opening of its 250th location in Delran, New Jersey, set for spring 2021. The franchise network has expanded from 170 to 250 locations since May 2019, with a 61% increase in memberships totaling over 36,500 across 31 states, Canada, and Europe. In 2020, the club completed over 400,000 trips, emphasizing record growth. Freedom Boat Club was also recognized by Entrepreneur magazine as a Top Growth Franchise.
Summary not available.
Brunswick Corporation (NYSE: BC) has established the Rpl consumer advisory board to enhance the recreational boating experience. The board aims to include insights from new boaters, targeting increased engagement and product alignment. Brunswick's brands saw over 50% new boater warranty registrations, with a notable 99% increase in web traffic from women. The initiative strives to foster a more accessible, diverse boating culture, leveraging feedback to influence future strategies and innovations within the industry.
Brunswick Corporation (NYSE: BC), a leader in recreational boating, is enhancing its ACES strategy by appointing John Oenick as Director of Enterprise Electrification. This role aims to bolster the company's efforts in electrification and connectivity. Oenick's background includes significant experience in hybrid engine technology from his tenure at John Deere and strong roots in the automotive sector. Additionally, Brunswick's Fathom e-Power system, launched at CES 2020, exemplifies its commitment to eco-friendly boating. With growing electrification capabilities, Brunswick aims to lead innovation in the marine industry.
Brunswick Corporation (NYSE: BC) reported strong results at the 2020 Ft. Lauderdale International Boat Show. For three years running, Mercury Marine dominated outboard engine sales, achieving over half of all engines displayed. Despite lower attendance, Boston Whaler saw increased sales for key models, while Sea Ray performed well, introducing the new 370 Sundancer for 2021. Freedom Boat Club's local franchise doubled its membership sales compared to last year. CEO Dave Foulkes highlighted the company's innovative products and safety measures during the event.