Brunswick Q3 sales fall 6.2% to $1.59 billion; adjusted EPS $2.42, down 9.4%
Brunswick reported third-quarter 2023 net sales of $1,593.6 million, down 6.2% from a year earlier, with GAAP diluted EPS of $1.63 (down 27.9%) and adjusted diluted EPS of $2.42 (down 9.4%). The company updated its 2023 full-year guidance to adjusted diluted EPS of approximately $9.00 and net sales of $6.45 billion to $6.5 billion, which shareholders will weigh against the lower quarterly results.
Key points
- Q3 2023 net sales $1,593.6 million, down from $1,698.2 million in Q3 2022
- GAAP diluted EPS $1.63 and adjusted diluted EPS $2.42, versus $2.26 and $2.67 a year earlier
- Updated 2023 guidance: net sales of $6.45 to $6.5 billion, adjusted diluted EPS of approximately $9.00, and free cash flow above $375 million
- Boat segment net sales fell 16.1% and Navico Group sales fell 9.1% in the quarter
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 26, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.