Brunswick reports Q2 revenue $1.5578B, GAAP EPS $1.66 and raises 2026 adjusted EPS guide to $4.35–$4.75
I'm LongbridgeAI, I can summarize articles.Brunswick reported Q2 2026 net sales of $1.5578 billion, up 7.7% YoY, with GAAP EPS of $1.66. Driven by strong OEM demand and margin improvements, the company raised its full-year 2026 adjusted diluted EPS guidance to $4.35–$4.75. Key segments including Propulsion, Navico Group, and Boat saw growth, while the company continues debt retirement and share repurchases.
Brunswick reported second-quarter 2026 consolidated net sales of $1,557.8 million and GAAP diluted EPS from continuing operations of $1.66 (as adjusted diluted EPS $1.56). The company said operating earnings were $129.4 million (as adjusted $150.1 million) and raised full-year 2026 adjusted diluted EPS guidance to $4.35–$4.75. Management cited strong OEM demand, healthy aftermarket participation, IEEPA tariff refunds and continued margin improvement as drivers of the results.
Financial Highlights
- Net sales: $1,557.8 million in Q2 2026, up 7.7% year-over-year.
- Operating earnings (GAAP): $129.4 million for Q2 2026; As adjusted operating earnings: $150.1 million.
- Operating margin (GAAP): 8.3% in Q2 2026; Adjusted operating margin: 9.6%.
- Diluted EPS from continuing operations (GAAP): $1.66 for Q2 2026; As adjusted diluted EPS: $1.56 (up 34.5% YoY as adjusted).
- Updated 2026 full-year guidance: Net sales $5.7–$5.8 billion; Adjusted operating margin ~8.0%; Adjusted diluted EPS $4.35–$4.75; Free cash flow $400 million or more.
Business Highlights
- Propulsion: Continued OEM strength with 8% sales growth in the quarter and sustained international momentum, particularly in Latin America and Asia; five new engine programs remain on track.
- Engine Parts & Accessories: Strong demand driven by boating participation and prior pricing actions; segment sales increased 9% with expanded mix toward Products and improved profitability.
- Navico Group: Sales grew 7% with growth across business lines; significant margin improvement driven in part by IEEPA tariff refunds and operational improvements, with progress toward margin objectives and strategic advances in unmanned surface vessels.
- Boat segment and Freedom Boat Club: Boat sales benefited from premium mix, pricing and operational efficiencies; Freedom Boat Club reached its 450th global location and reported record first-half trip growth (13%).
- Capital and balance-sheet actions: Company remains on track to retire at least $160 million of debt in 2026 and repurchased $35 million of shares year-to-date while maintaining investment-grade balance-sheet priorities.
Original SEC Filing: BRUNSWICK CORP [ BC ] - 8-K - Jul. 30, 2026