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Brunswick had Q2 earnings below prior guidance, reporting $1.44 billion in revenue. Q2 adjusted EPS fell 23.4% year-on-year amidst weak retail sales and higher interest rates. Competitors faced steeper declines, with Brunswick outpacing Malibu Boats by a significant margin. Future guidance cut estimates revenues to $5.2-5.4 billion, down from $6.0-6.2 billion. Despite challenges, Brunswick's adjusted operating margin remains at a resilient 12.5%.
- Brunswick had Q2 earnings below prior guidance, reporting $1.44 billion in revenue.
- Q2 adjusted EPS fell 23.4% year-on-year amidst weak retail sales and higher interest rates.
- Competitors faced steeper declines, with Brunswick outpacing Malibu Boats by a significant margin.
- Future guidance cut estimates revenues to $5.2-5.4 billion, down from $6.0-6.2 billion.
- Despite challenges, Brunswick's adjusted operating margin remains at a resilient 12.5%.
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