Brunswick Q2 GAAP EPS falls 42% to $0.90; raises free cash flow outlook to over $400 million
Brunswick reported second quarter 2025 net sales of $1,447.0 million, roughly flat year over year, while GAAP diluted EPS fell to $0.90 from $1.55 and as adjusted diluted EPS fell to $1.16 from $1.80. The company kept its full-year as adjusted diluted EPS guidance midpoint at approximately $3.25 and raised its free cash flow expectation to more than $400 million, but provided Q3 adjusted EPS of $0.75 to $0.90 on revenue of $1.1 to $1.3 billion, which is below the prior-year level.
Key points
- Q2 2025 net sales $1,447.0 million, up 0.2% from $1,443.9 million; GAAP operating earnings $103.3 million, down 34.7%
- Full-year 2025 guidance: net sales of approximately $5.2 billion, as adjusted diluted EPS of approximately $3.25, free cash flow above $400 million
- Q3 2025 guidance: revenue of $1.1 to $1.3 billion and as adjusted diluted EPS of $0.75 to $0.90
- Free cash flow of $288 million in Q2 2025, a second-quarter record; $43 million of share repurchases through the second 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 July 24, 2025.
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.