Brunswick Corporation (NYSE:BC) delivered a strong first-quarter performance, outperforming expectations on both earnings and revenue as demand for its marine products and accessories remained solid.
The company posted adjusted earnings of $0.56 per share, more than doubling the analyst forecast of $0.24. Revenue rose 8% year-over-year to $1.22 billion, topping the $1.13 billion estimate. The growth was fueled by steady consumer interest across its marine offerings and ongoing strength in its parts and accessories segment.
As the boating industry navigates a shifting economic landscape, Brunswick’s continued ability to drive growth and manage volatility will be key to maintaining investor confidence throughout the year.