Brunswick sees impairment charge of $6M-$8M in 2013 The company estimates that this action will result in annual savings of $3M -$5M beginning in 2014. Restructuring and impairment charges of $6 million - $8 million are expected to be recognized as a result of this action in 2013.
News For BC From The Last 14 Days
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House Ways & Means Committee to hold a hearing The Committee holds a hearing entitled, "The Benefits of Permanent Tax Policy for America’s Job Creators" with VP Zelisko of Brunswick Corporation (BC) on April 8 at 10 am. Webcast Link
Brunswick reports preliminary Q1 EPS 59c-60c, consensus 66c Brunswick chairman and CEO Dustan E. McCoy stated, "Weather conditions in important marine markets had a negative impact on Q1 U.S. retail and wholesale demand. The severity of the weather patterns has not only reduced sales, but it has also masked the underlying demand for our boat and engine products."