Mercury Marine Electronics Technician

Brunswick corp. posts double-digit growth in first quarter. April 30, 2026 Brunswick Corporation reported consolidated net sales of $1.38 billion in the 2026 first quarter, an increase of 13 percent versus the first quarter of 2025. Sales growth reportedly reflected improved wholesale and retail trends, continued market share gains in propulsion and several boat categories, strong OEM demand for propulsion, components and electronics, favorable changes in foreign currency exchange rates, pricing actions commencing in the second half of 2025, and solid boating participation driving aftermarket performance, according to the company's earnings release on Thursday, April 30. Segment Summary - As Adjusted Segment Summary - GAAP Propulsion segment reported a 17 percent year-over-year (y/y) increase in sales resulting primarily from strong OEM orders, wholesale acceleration, and continued global share gains. Segment Adjusted operating earnings and margin were lower, as the benefits from higher sales and improved absorption were slightly more offset by incremental tariffs and planned accelerated investments in new product development. Engine Parts and Accessories segment sales registered a 14 percent y/y increase, led by healthy boater participation, driving a 15 percent y/y increase in the products business and a 13 percent y/y increase in the distribution business further supported by continued distribution market share gains. Segment Adjusted operating earnings increased 24 percent reflecting the segment's robust operating leverage. Navico Group segment reported a 7 percent y/y increase in sales for the quarter with growth across all business lines supported by improving OEM demand, steady aftermarket performance, and operational efficiency. Segment Adjusted operating earnings increased 64 percent and adjusted operating margin increased by 280 basis points reflecting the progressive benefits of product portfolio optimization, operational improvements, and disciplined cost control actions which more than offset incremental tariffs. Boat segment sales posted a 6 percent increase driven by higher wholesale shipments and stabilized retail conditions, favorable mix, and continued momentum in the Business Acceleration portfolio. Segment Adjusted operating earnings increased 63 percent, reflecting the leverage from higher sales and favorable mix. Freedom Boat Club continued to deliver strong growth in key metrics including the number of trips which increased 20 percent to start the year. Profitability Diluted EPS for the quarter was 32 cents on a GAAP basis and 70 cents on an as Adjusted basis, or an increase of 25 percent versus the first quarter of 2025. Strong earnings growth in the quarter was said to be supported by the increased sales, favorable mix, improved absorption, and disciplined cost management more than offsetting the impact of incremental tariffs implemented after the first quarter of last year. Cash Flow and Balance Sheet Summary Cash and marketable securities totaled $289.3 million at the end of the first quarter, up $13.6 million from 2025 year-end levels. Net cash used for operating activities of continuing operations during the first three months of 2026 was $63.7 million, primarily reflecting operating results and changes in working capital. Investing and financing activities resulted in net cash provided of $78.3 million during the first three months of 2026, said to be primarily due to $195.0 million of proceeds from the issuance of short-term debt, net of $57.2 million of capital expenditures, $28.7 million of dividend payments, and $16.2 million of share repurchases. 2026 Outlook "As we enter the core retail selling season in the U.S., we are encouraged by the stable market conditions and by the strength of our first quarter performance," offered David Foulkes, chairman and CEO, Brunswick Corporation. "Sgbonline believe steady dealer and customer sentiment, exceptionally healthy and lean pipelines, disciplined wholesale-to-retail alignment, and sustained boating participation are sources of confidence as Sgbonline move through the remainder of 2026. "While direct sales and operational impacts remain limited, heightened geopolitical volatility has introduced new uncertainties. Rate cuts enacted late in 2025 are supporting improved retail and floorplan financing as Sgbonline enter the peak selling season with recent rate volatility having no clear impact on demand. While expectations for incremental rate relief have moderated, its forecast does not rely on additional cuts. Fuel prices have risen recently due to geopolitical events but generally remain within historical bounds and Sgbonline is not experiencing any meaningful impact on retail or OEM demand or on boating participation, which remains strong. "The tariff environment remains dynamic. During the quarter, IEEPA tariffs were repealed and replaced with Section 122. More recently, Section 232 tariff applications were amended. Based on current regulations, we believe that our full-year incremental net tariff impact will ultimately land near the lower end of our original $35 to $45 million estimate shared at the beginning of the year. Potential refunds related to previously paid IEEPA tariffs are not yet factored into our outlook." Foulkes said the company's operating priorities remain clear. "We are focused on closely aligning production and wholesale with retail demand, driving continued market share gains, maintaining disciplined cost control, and investing in product innovation, technology, and system-level integration across our portfolio," said Foulkes. "Recurring-revenue and aftermarket businesses remain a key strength, supported by sustained boater participation, and are expected to continue to provide consistent earnings and cash generation." Brunswick updated its full-year guidance: Brunswick Corporation said the outlook reflects its confidence in expected continued share gains, broad-based revenue growth, and strong operating leverage in a flat-to-slightly-improving market environment. Image courtesy Sea Ray/Brunswick Corporation

Brunswick Corporation named to Fast Company's annual list of the World's Most Innovative Companies of 2026. GlobeNewswire | Brunswick Corporation Today at 4:20am PDT METTAWA, Ill., March 24, 2026 (GLOBE NEWSWIRE) - Brunswick Corporation (NYSE: BC), the global leader in marine technology, has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2026. This year's list shines a spotlight on businesses that are shaping industry and culture through their innovations. "Innovation is at the heart of everything we do at Brunswick and the force behind our commitment to redefining the marine industry and delivering transformative experiences for our customers," said Dave Foulkes, Brunswick Corporation CEO. Being recognized among Fast Company's 2026 World's Most Innovative Companies is not just an honor; it's a testament to our relentless pursuit of progress and the power of our 'Next Never Rests' philosophy." In 2025, Brunswick introduced more than 100 new products across its Boat Group, Mercury Marine, Navico Group and Flite businesses and brands, many aligned to the Company's ACES (Autonomy, Connectivity, Electrification, and Shared Access) strategy, which serves as a foundational element of its technology vision. Among these innovative new products launched in 2025, was the Simrad(R) AutoCaptain(TM) Autonomous Boating System, a breakthrough advancement featuring full auto-docking capabilities and signaling a new era of intelligent, self-guided boating. At the 2026 Consumer Electronics Show, Brunswick's Sea Ray brand unveiled the new SLX 360 Outboard, powered by triple Mercury Marine V10 outboard engines and featuring Simrad(R) AutoCaptain(TM), steering wheel-integrated controls, dual Simrad Ultrawide NSX displays, Fathom(R) e-Power electrical power management, gyroscopic stabilization, and Lenco Pro Control auto-leveling. These innovations, fueled by Brunswick's ongoing commitment to industry-leading levels of investment in new products and technology and enabled by its unique ability to develop seamlessly integrated end-to-end solutions, demonstrate how the Company continues to redefine the boating experience. The World's Most Innovative Companies is Fast Company's hallmark franchise and one of its most anticipated editorial efforts of the year. To determine honorees, Fast Company's editors and writers review companies driving progress around the world, evaluating thousands of submissions through a competitive application process, resulting in a globe-spanning guide to innovation today. "Our list of the Most Innovative Companies is about spotlighting organizations that don't just adapt to change - they drive it," said Brendan Vaughan, editor-in-chief of Fast Company. "The companies we honor this year are redefining what leadership looks like in 2026, pairing bold ideas with measurable impact and turning breakthrough innovation into real-world value. They are setting the pace for their industries and offering a blueprint for what sustained innovation can achieve." The full list of Fast Company's Most Innovative Companies honorees can now be found at fastcompany.com/most-innovative-companies/list. About Brunswick Corporation: Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that "Next Never Rests(TM)". Brunswick is dedicated to industry leadership, to being the best and most trusted partner to our many customers, and to building synergies and ecosystems that enable us to challenge convention and define the future. Brunswick is home to more than 60 industry-leading brands. In the category of Marine Propulsion, these brands include, Mercury Marine, Mercury Racing, MerCruiser, and Flite. Brunswick's comprehensive collection of parts, accessories, distribution, and technology brands includes Mercury Parts & Accessories, Land 'N' Sea, Lowrance, Simrad, B&G, Mastervolt, Attwood, and Whale. Our boat brands are some of the best known in the world, including Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft, and Quicksilver. Our service, digital and shared-access businesses include Freedom Boat Club, Boateka, and a range of financing, insurance, and extended warranty businesses. While focused primarily on the marine industry, Brunswick also successfully leverages its portfolio of advanced technologies to deliver an exceptional suite of solutions in mobile and industrial applications. Headquartered in Mettawa, IL, Brunswick has approximately 15,000 employees operating in 26 countries. In 2025, Brunswick was named America's Most Trusted Companies by Forbes Magazine in addition to winning more than 100 awards across the enterprise for the fourth straight year. For more information, visit www.Brunswick.com Lee Gordon - Chief Communications Officer M: (904) 860-8848 | O: (847) 735-4003 This is a paid placement. For further inquiries, please contact GlobeNewswire directly.