Brunswick Q2 sales beat on steady OEM orders

Overview

• U.S. marine recreation firm's Q2 sales rose 8%, beating analyst expectations

• Adjusted EPS for Q2 climbed 34.5% and beat analyst expectations

• Company raised 2026 full-year adjusted EPS guidance

Outlook

• Brunswick raises 2026 full-year adjusted diluted EPS outlook to $4.35-$4.75

• Company expects 2026 net sales of $5.7 bln to $5.8 bln

• Brunswick sees Q3 2026 revenue of $1.4 bln to $1.5 bln and adjusted EPS of $1.20-$1.40

Result Drivers

• OEM DEMAND & BOATING PARTICIPATION - Co said steady OEM orders and healthy boating participation drove sales growth across segments

• PRICING & MIX - Previous pricing actions and improved product mix contributed to higher sales and margins

• IEEPA TARIFF REFUNDS - Recognition of certain IEEPA tariff refunds provided a benefit to earnings

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the recreational products peer group is "buy"

• Wall Street's median 12-month price target for Brunswick Corp is $90.00, about 11.9% above its July 29 closing price of $80.46

• The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)