Brunswick Corporation

Brunswick Corporation (BC) reported FY 2025 net sales of $5.36B, with cost of sales at $4.03B, resulting in a gross profit of $1.33B. Operating earnings were negative at -$40.7M, impacted by $851.1M in SG&A, $168.7M in R&D, and significant $353.1M restructuring, exit, and impairment charges. Earnings before interest and taxes stood at -$35.3M, leading to earnings before income taxes of -$135.7M after $111.7M interest expense net of $7.2M interest income and $4.1M transaction charges. Net earnings from continuing operations were -$135.9M, with net loss from discontinued operations at -$1.4M, yielding total net loss of -$137.3M or -$2 per diluted share on 65.9M shares. Balance sheet shows total assets of $5.31B, current assets $2.06B including $256.8M cash, inventories $1.19B; current liabilities $1.43B; long-term debt $1.81B; shareholders' equity $1.63B. Operating cash flow from continuing operations was strong at $585.7M despite net loss, total OCF $562.1M, investing outflow -$141.6M, financing outflow -$441.2M, net cash decrease -$11.0M. No prior year figures disclosed.

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