Brunswick Corp (BC) is a leading designer, manufacturer, and marketer of recreation products. The company operates through three segments: Marine Engine, Boat, and Fitness. The Marine Engine segment offers outboard, sterndrive, and inboard engines, as well as propellers, parts, and accessories. This segment serves boat builders and aftermarket customers. The Boat segment provides fiberglass pleasure boats, including sport cruisers, deck boats, and sport fishing boats. It also offers aluminum fishing boats under the Lund, Crestliner, and Thunder Jet brands. The Fitness segment offers cardio and strength fitness equipment, including treadmills, ellipticals, and stationary bikes, under the Life Fitness and Hammer Strength brands. Brunswick Corp sells its products through a network of dealers and distributors, as well as through direct sales. The company is headquartered in Mettawa, Illinois.
In terms of recent news, Brunswick Corp announced its financial results for the third quarter of 2021. The company reported net sales of $1.59 billion, representing a 29% increase compared to the same period last year. This growth was primarily driven by strong demand for boats and engines, as well as continued market share gains. The company also reported net income of $195 million, or $2.19 per diluted share, compared to net income of $110 million, or $1.28 per diluted share, in the third quarter of 2020. In addition, Brunswick Corp provided an update on its full-year 2021 outlook, raising its net sales guidance to a range of $5.75 billion to $5.80 billion. The company also increased its adjusted earnings per share guidance to a range of $7.70 to $7.80. These results reflect the company's strong performance and continued positive momentum.