Brunswick Corporation

Filing receipts

“2025 (in millions) April 4, 2026 March 29, 2025 $ Change % Change Net sales $ 571.3 $ 487.0 $ 84.3 17.3% GAAP operating earnings $ 34.4 $ 46.1 $ (11.7) (25.4)% Supplier bankruptcy expense 7.6 — 7.6 NM Purchase accounting amortization 0.3 0.3 — NM Acquisition, integration, and IT related costs — 0.1 (0.1) NM Adjusted operating earnings $ 42.3 $ 46.5 $ (4.2) (9.0)% GAAP operating margin 6.0 % 9.5 % (350) bps Adjusted operating margin 7.4 % 9.5 % (210) bps NM = not meaningful bps = basis points Propulsion segment's net sales increased in the first quarter of 2026 compared to the first quarter of 2025, primarily driven by an improved market, global share gains, pricing, favorable changes in for...”

“The increase is primarily due to operating results and changes in working capital.”

“The components of the consolidated net sales change were as follows: Percent change in net sales compared to the prior comparative period April 4, 2026 Three Months Ended Volume 6.6 % Product Mix and Price 3.2 % Currency 3.0 % 12.8 % Gross margin remained relatively consistent in the first quarter of 2026 when compared to the same prior year period, driven by increased sales (380 bps) and favorable foreign currency exchange rate fluctuations (60 bps) offset by impact of incremental tariffs (240 bps), labor costs (100 bps), and inflation (100 bps).”