Brunswick Q1 2024 sales fall 21.7% to $1,365.0 million; full-year guidance reiterated
Brunswick reported first quarter 2024 net sales of $1,365.0 million, down 21.7% from $1,743.6 million a year earlier, with GAAP diluted EPS of $1.00 (down 35.9%) and adjusted diluted EPS of $1.35 (down 47.5%). The company reiterated its 2024 guidance, including adjusted diluted EPS of $7.00 to $8.00 and net sales of $6.0 to $6.2 billion, so shareholders see weaker first-quarter results without a guidance cut.
Key points
- Q1 2024 net sales were $1,365.0 million, down 21.7% from $1,743.6 million in Q1 2023.
- GAAP diluted EPS was $1.00, down 35.9%; adjusted diluted EPS was $1.35, down 47.5%.
- Propulsion sales fell 23.1% and Boat sales fell 26.0%; Navico Group sales fell 23.9%.
- 2024 guidance was reiterated: net sales of $6.0 to $6.2 billion and adjusted diluted EPS of $7.00 to $8.00.
The filing
Written by AI on Nov 8, 2026, 12:59 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 April 25, 2024.
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