Brunswick Corporation Reports Earnings Results for the Second Quarter and Six Months Ended July 02, 2022
July 28, 2022 at 06:18 am EDT
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Brunswick Corporation reported earnings results for the second quarter and six months ended July 02, 2022. For the second quarter, the company reported sales was USD 1,835.6 million compared to USD 1,554.8 million a year ago. Net income was USD 197.3 million compared to USD 179.4 million a year ago. Basic earnings per share from continuing operations was USD 2.63 compared to USD 2.3 a year ago. Diluted earnings per share from continuing operations was USD 2.61 compared to USD 2.29 a year ago. Basic earnings per share was USD 2.61 compared to USD 2.3 a year ago. Diluted earnings per share was USD 2.59 compared to USD 2.29 a year ago.
For the six months, sales was USD 3,531.3 million compared to USD 2,988 million a year ago. Net income was USD 371.5 million compared to USD 348.7 million a year ago. Basic earnings per share from continuing operations was USD 4.89 compared to USD 4.47 a year ago. Diluted earnings per share from continuing operations was USD 4.86 compared to USD 4.44 a year ago. Basic earnings per share was USD 4.87 compared to USD 4.47 a year ago. Diluted earnings per share was USD 4.84 compared to USD 4.44 a year ago.
Brunswick Corporation designs, manufactures and markets recreational marine products, including marine propulsion products and boats, as well as parts and accessories for the marine and RV markets. Its segments include Propulsion, Engine Parts and Accessories (Engine P&A), Navico Group and Boat. The Propulsion segment designs, manufactures and sells engines, controls, rigging, and propellers globally. The Engine P&A segment sells products such as engine parts and consumables including oils and lubricants, electrical products, boat parts and systems, and also includes its marine parts and accessories distribution businesses. The Navico Group segment designs, develops, manufactures, and markets products and systems for the marine and RV, specialty vehicle markets. The Boat segment consists of the Brunswick Boat Group (Boat Group), which manufactures and distributes recreational boats, and Business Acceleration. Its boat brands include Boston Whaler, Lund, Sea Ray and Bayliner.
BRUNSWICK CORPORATION 
