$65.630
+3.944 (+6.01%)At close
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Brunswick Corporation Appoints New Executive Leadership Team
Following the recently announced CEO and Board Chair transitions, effective January 1, 2027, Brunswick Corporation announced further appointments that will fill the remaining positions on the Brunswick senior leadership team. Will Sangster is named Executive Vice President and President of Navico Group, filling the role opening when Aine Denari succeeds Dave Foulkes as Brunswick Chief Executive Officer. Karly Yuds is named Senior Vice President and President of Business Acceleration, succeeding Sangster. Marco Bracalente is named Chief Technology Officer also succeeding Denari in this role. All appointments are effective January 1, 2027.
Raymond James: U.S. Boat Registrations Down 16.7% YoY in 2026
Raymond James says that while demand across the domestic marine industry remains soft here in 2026, trends appear to have deteriorated further in August as U.S. powerboat registrations fell 16.7% year-over-year for the month. This compares with the 10.1% decline seen in July and brings the year-to-date drop to 4.9%. As a result, while the firm is now through much of the selling season, demand is tracking somewhat worse than what it believes is the general market expectation for this year of down low-single digits. Publicly-traded companies in the space include Malibu Boats (MBUU), Brunswick (BC) and MarineMax (HZO).
Brunswick Executive Chairman and CEO David Foulkes to Retire at Year-End
Brunswick announced that Executive Chairman of the Board of Directors & Chief Executive Officer David Foulkes, will retire from Brunswick at the end of the year. Aine Denari, currently Executive Vice President and President, Navico Group, and Brunswick Chief Technology Officer has been appointed Chief Executive Officer and will join the Brunswick Board of Directors effective January 1, 2027. David Everitt, currently Brunswick Lead Independent Director, will assume the role of Non-Executive Chairman also effective January 1, 2027.
Raymond James: U.S. Powerboat Registration Trends Slow in July
Raymond James says U.S. powerboat registration trends slow in July. While demand across the domestic marine industry remains soft here in 2026, the firm notes trends appear to have deteriorated in July as U.S. powerboat registrations fell 10.1% year-over-year for the month, which compares with the 3.0% decline seen in June and brings the year-to-date drop to 4.3%. As a result, demand is tracking modestly worse than what Raymond James believes is the general market expectation for this year of down low-single digits. Names in focus include Malibu Boats (MBUU), Brunswick (BC) and MarineMax (HZO).
Company Sees Q3 Revenue of $1.4B-$1.5B
Sees Q3 revenue $1.4B-$1.5B, consensus $1.45B.
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