
• Reported GAAP EPS of $0.32 up 3.23% YoY • Reported revenue of $1.38B up 12.79% YoY • Brunswick updated its full-year 2026 guidance, projecting net sales between $5.65 billion and $5.8 billion, adjusted operating margin of 7.5% to 8.0%, and adjusted diluted EPS in the range of $4.00 to $4.50.
Bullish
Brunswick achieved strong Q1 2026 net sales and adjusted EPS growth, driven by segment performance, including Navico Group's margin expansion, and continued strategic capital allocation and Freedom Boat Club growth.
Bearish
Brunswick experienced a GAAP operating earnings decline and lower Propulsion segment adjusted earnings due to tariffs and investments, alongside using $63.7 million net cash for Q1 operating activities.