BC - Brunswick Corporation (BC) Q1 2024 Earnings Call Transcript
2024-04-25 16:17:07 ET
Brunswick Corporation (BC)
Q1 2024 Earnings Conference Call
April 25, 2024 11:00 AM ET
Company Participants
Neha Clark - Senior Vice President, Enterprise Finance
Dave Foulkes - Chief Executive Officer
Ryan Gwillim - Chief Financial Officer
Conference Call Participants
James Hardiman - Citi
Scott Stember - ROTH MKM
Megan Alexander - Morgan Stanley
Craig Kennison - Baird
Mike Swartz - Truist Securities
Matthew Boss - JPMorgan
Fred Wightman - Wolfe Research
Jamie Katz - Morningstar
Xian Siew - BNP Paribas
Joe Altobello - Raymond James
Presentation
Operator
Good morning, and welcome to Brunswick Corporation’s First Quarter Year 2024 Earnings Conference Call. All participants will be in a listen-only mode until the question-and-answer period. Today’s meeting will be recorded. If you have any objections, you may disconnect at this time.
I would now like to introduce Neha Clark, Senior Vice President, Enterprise Finance Brunswick Corporation. Thank you. You may now begin.
Neha Clark
Good morning, and thank you for joining us. With me on the call this morning are Dave Foulkes, Brunswick’s CEO; and Ryan Gwillim, CFO. Before we begin with our prepared remarks, I would like to remind everyone that during this call, our comments will include certain forward-looking statements about future results.
Please keep in mind that our actual results could differ materially from these expectations. For details on these factors to consider, please refer to our recent SEC filings and today’s press release. All of these documents are available on our website at brunswick.com.
During our presentation, we will be referring to certain non-GAAP financial information. Reconciliations of GAAP to non-GAAP financial measures are provided in the appendix to this presentation and the reconciliation sections of the unaudited consolidated financial statements accompanying today’s results.
I will now turn the call over to Dave.
Dave Foulkes
Thanks, Neha, and good morning, everyone. Brunswick had a solid start to the year delivering sales, margin, and adjusted earnings per share consistent with expectations despite continued customer caution in the face of the economic uncertainty.
Our performance benefited from continued market share gains, the wealth of recently launched and well-received new products, and comprehensive cost control measures across our businesses, offset higher promotions and discounts on some product lines....
Brunswick Corporation (BC) Q1 2024 Earnings Call Transcript