Brunswick (NYSE: BC) outlines 2025 results and key non-GAAP metrics
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Brunswick Corporation furnished an update announcing its financial results for the fourth quarter and full-year 2025, which are detailed in a separate news release attached as Exhibit 99.1.
The company highlights several non-GAAP measures, including diluted EPS as adjusted, adjusted operating earnings, free cash flow, and constant currency net sales, explaining how each metric is derived and why management finds them useful for evaluating ongoing business performance. The information is furnished rather than filed and is not automatically incorporated into other securities filings.
Positive
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Negative
- None.
8-K Event Classification
2 items: 2.02, 9.01
2 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): January 29, 2026
(Exact Name of Registrant Specified in Charter)
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Registrant’s telephone number, including area code: (847) 735-4700
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | ||||||||||||
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On January 29, 2026, Brunswick Corporation (“Brunswick”) announced its financial results for the fourth quarter and full-year 2025. The news release Brunswick issued announcing its fourth quarter and full-year 2025 earnings is incorporated herein by reference and is included as Exhibit 99.1 to this Current Report on Form 8-K.
In the news release, Brunswick uses non-GAAP financial measures. GAAP refers to generally accepted accounting principles in the United States. A “non-GAAP financial measure” is a numerical measure of a registrant’s historical or future financial performance, financial position, or cash flows that excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statements of operations, balance sheets, or statements of cash flows of the issuer; or includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. Operating and statistical measures and certain ratios and other statistical measures are not non-GAAP financial measures.
Brunswick has used certain of the financial measures that are included in the news release for several years, both in presenting its results to shareholders and the investment community and in its internal evaluation and management of its businesses. Brunswick’s management believes that the measures presented (including those that are non-GAAP financial measures) and the information they provide are useful to investors because they permit investors to view Brunswick’s performance using the same tools that Brunswick uses and to better evaluate Brunswick’s ongoing business performance.
The measure diluted earnings per common share (EPS), as adjusted, is believed to be useful to investors because it represents a measure of Brunswick’s earnings, without the impact of certain charges that do not reflect the Company's ongoing business performance. Brunswick defines this measure as diluted earnings (loss) per common share from continuing operations, excluding the earnings per share impact of restructuring, exit, and impairment charges; purchase accounting amortization; acquisition, integration, and IT-related costs; gain or loss on early extinguishment of debt; special tax items; and other applicable charges. Brunswick’s management also believes that the measure adjusted operating earnings is useful to investors because it provides a necessary and important perspective on Brunswick's operating performance and improves comparability of performance against prior periods. Brunswick defines adjusted operating earnings as operating earnings (loss), excluding the earnings impact of restructuring, exit, and impairment charges; purchase accounting amortization; acquisition, integration, and IT-related costs; and other applicable charges. Brunswick’s management believes that the non-GAAP financial measure free cash flow is useful to investors because it is an indication of cash flow that may be available to fund investments in future growth initiatives. Brunswick defines free cash flow as cash flow from operating and investing activities of continuing operations (excluding cash provided by or used for acquisitions, investments, purchases or sales/maturities of marketable securities and other investing activities) and the effect of exchange rate changes on cash and cash equivalents. Brunswick does not provide forward-looking guidance for certain financial measures on a GAAP basis because it is unable to predict certain items contained in the GAAP measures without unreasonable efforts. These items may include restructuring, exit, and impairment charges, special tax items, acquisition-related costs, and certain other unusual adjustments.
To reflect the impact of changes in currency exchange rates on net sales, Brunswick may use constant currency reporting. To present this information, net sales transacted in currencies other than U.S. dollars are translated to U.S. dollars using prior year exchange rates for the comparative period, using the average exchange rates in effect during that period. The percentage change in net sales expressed on a constant currency basis may better reflect changes in the underlying business trends, excluding the impact of translation arising from foreign currency exchange rate fluctuations.
The information in this report and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit No. | Description of Exhibit | ||||
99.1 | Brunswick Corporation News Release, dated January 29, 2026, announcing Brunswick's fourth quarter and full-year 2025 earnings. | ||||
| 104 | The cover page from this Current Report on Form 8-K, embedded within and formatted in Inline XBRL. | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BRUNSWICK CORPORATION | ||||||||
| Dated: January 29, 2026 | By: | /S/ RANDALL S. ALTMAN | ||||||
| Randall S. Altman | ||||||||
| Senior Vice President and Controller | ||||||||
FAQ
What did Brunswick Corporation (BC) disclose in its latest 8-K filing?
Brunswick disclosed that it announced fourth quarter and full-year 2025 financial results via a news release attached as Exhibit 99.1. The filing explains the company’s use of non-GAAP measures, such as adjusted EPS, adjusted operating earnings, free cash flow, and constant currency net sales.
Which non-GAAP financial measures does Brunswick Corporation (BC) emphasize?
Brunswick emphasizes diluted earnings per common share, as adjusted; adjusted operating earnings; free cash flow; and constant currency net sales. Management states these measures help investors view performance using the same tools it uses and better evaluate the company’s ongoing business performance across periods.
How does Brunswick Corporation (BC) define adjusted EPS and adjusted operating earnings?
Adjusted EPS excludes restructuring, exit and impairment charges, purchase accounting amortization, acquisition, integration and IT-related costs, debt extinguishment gains or losses, special tax items, and other charges. Adjusted operating earnings similarly exclude restructuring, purchase accounting amortization, acquisition, integration, IT-related and other applicable charges from operating earnings.
How does Brunswick Corporation (BC) define free cash flow in this 8-K?
Free cash flow is defined as cash flow from operating and investing activities of continuing operations, excluding cash related to acquisitions, investments, marketable securities transactions and other investing activities, plus the effect of exchange rate changes on cash and cash equivalents. Management views it as cash potentially available for future growth initiatives.
How does Brunswick Corporation (BC) use constant currency reporting?
Constant currency reporting translates net sales in non-U.S. currencies using prior-year exchange rates for the comparative period. Brunswick states this percentage change in net sales may better reflect underlying business trends by excluding translation effects from foreign currency exchange rate fluctuations on reported revenue.
Is the Brunswick Corporation (BC) earnings information in this 8-K considered filed with the SEC?
The earnings information included here and in Exhibit 99.1 is expressly stated as furnished, not filed, under the Securities Exchange Act. It is not subject to Section 18 liabilities and is not incorporated into Securities Act filings unless specifically referenced there by the company.