AI brief of an SEC Form 8-K · Brunswick (BC)

Brunswick cuts 2024 guidance as second-quarter sales fall 15.2% and EPS declines

Negative Impact 4 of 5 guidance Written later

Brunswick reported second-quarter 2024 net sales of $1,443.9 million, down 15.2% from a year earlier, and GAAP diluted EPS of $1.55, down 18.8%. The company lowered its full-year 2024 outlook, citing weaker retail boat sales and continued cautious ordering by dealers and manufacturers, which points to lower earnings for shareholders this year.

Key points

  • Q2 2024 net sales were $1,443.9 million, down from $1,702.3 million in Q2 2023; as adjusted diluted EPS was $1.80, down 23.4%.
  • Full-year 2024 guidance lowered to net sales of $5.2 billion to $5.4 billion and as adjusted diluted EPS of $5.00 to $5.50.
  • Full-year retail unit sales are now expected to be down approximately 10% versus the original forecast of flat.
  • Third-quarter 2024 guidance: net sales of $1.2 billion to $1.3 billion and as adjusted diluted EPS of $1.15 to $1.25.

The filing

CompanyBrunswick (BC)
Form8-K, current report
Filed with the SECJul 25, 2024, 6:18 AM ET
Accession number0000014930-24-000120

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 July 25, 2024.

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.