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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.
2026 EPS Consensus at $4.31, Revenue View Adjusted to $5.7B-$5.8B
2026 EPS consensus $4.31. Narrows 2026 revenue view to $5.7B-$5.8B from $5.65B-$5.8B, consensus $5.75B.
Brunswick Reports Q2 Revenue of $1.56B
Reports Q2 revenue $1.56B, consensus $1.52B. "Brunswick delivered a strong Q2 despite a turbulent macroeconomic and geopolitical environment, with financial performance ahead of expectations and year-over-year sales growth across all reporting segments for the fourth consecutive quarter," said David Foulkes, CEO. "Our balanced portfolio, continued healthy OEM demand, strong boating participation, improved mix, and disciplined operational execution drove robust sales and earnings growth, further supported by the recognition of certain IEEPA tariff refunds. Absent the net IEEPA benefit, including its associated influence on variable compensation, adjusted operating earnings increased substantially versus Q2 2025, and adjusted EPS remained significantly ahead of expectations, demonstrating the strength of our underlying operating performance...Finally, we remain on track to retire at least $160M of debt this year and have repurchased $35M of shares year-to-date, underscoring our commitment to both maintaining an investment grade balance sheet and returning capital to our shareholders".
Brunswick Corporation Provides Platform for Textron Systems' Uncrewed Surface Vessels
Brunswick Corporation (BC) announced that its vessels, Mercury Marine propulsion systems, and Navico Group electronics and electrical systems will provide the platform for Textron Systems' (TXT) TSUNAMI Uncrewed Surface Vessels, following Textron Systems' contract award from the Defense Innovation Unit. Under the award, multiple TSUNAMI USVs supported the U.S. Navy's Fleet Experimentation exercise in Key West, Florida in late April, and enable three months of joint operations with U.S. Southern Command and the U.S. Navy Fourth Fleet.
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