On April 24, Brunswick Corporation (NYSE: BC) released its first quarter 2025 financial results.  A complete and full-text financial results press release is available on the company’s website. 

Brunswick reported consolidated net sales of $1.22 billion, a decrease of 10.5 percent compared with $1.37 billion in the same quarter a year ago.

That said, the company experienced good performance in its recurring revenue businesses, including the Engine P&A business, Propulsion’s repower business, Freedom Boat Club, and Navico Group’s aftermarket sales, which contributed nearly 60 percent of the quarter’s adjusted operating earnings.

“All of our businesses delivered a strong first quarter as the resilient composition of our portfolio, together with proactive pipeline management, well-received new products, the benefits of executed and ongoing structural cost reduction measures, and efficient execution resulted in first quarter 1 financial performance ahead of expectations despite the challenging macro environment,” said Brunswick Chairman and Chief Executive Officer, David Foulkes.

Additionally, Brunswick’s engine business gained 40 basis points of U.S. retail share on a rolling 12-month basis, with strong indications of performance in April following significant share increases at the boat shows.

Looking ahead

Brunswick also shared its thoughts on the current state of the market and its mitigation of pending tariffs. The company plans to continue investing in new products and technologies, as well as implementing other strategies to support its brands and channel partners.

“As we enter the prime retail season in the U.S., we are keenly aware of the direct impact of tariffs on our business and the new uncertainties faced by our wholesale customers, channel partners, and the end-consumers who buy our products at retail around the world. Although we cannot control the ever-changing conditions in which we do business, we can control our response and continue to push forward our strategic initiatives,” Foulkes said.

A replay of the conference call will be available through Thursday May 1, 2025, at 1pm CT by calling 877-660-6853 or 201-612-7415 (Access ID: 13752964).  The replay also will be available on the Brunswick website.