It’s finally Friday and Miller time:
What a week and we hope you all took some profits after what could have been the best week in the market in the last 5 years.
One of our favorite companies the Brunswick Corp. (BC), reported a 32% drop in first-quarter earnings yesterday but the decline was less than expected and its stock surged 9%. Today shares are a bit down at $33 and change but still, that’s not bad for largest maker of recreational boats and marine engines.
Let’s not forget they also make some of the best bowling balls ever. The kind our friend The Dude can appreciate.
However the Bowling & Billiards segment didn’t do so hot this quarter. That segment is comprised of the Brunswick retail bowling centers; bowling equipment and products; and billiards, Air Hockey and foosball tables. Bowling & Billiards sales in the first quarter of 2007 totaled $105.8 million, down from $114.7 million in the year-ago quarter. Operating earnings were $8.3 million in the first quarter versus $12.8 million in the year-ago quarter.
Still, the Dude loves bowling.
It’s finally Friday and Miller time:
What a week and we hope you all took some profits after what could have been the best week in the market in the last 5 years.
One of our favorite companies the Brunswick Corp. (BC), reported a 32% drop in first-quarter earnings yesterday but the decline was less than expected and its stock surged 9%. Today shares are a bit down at $33 and change but still, that’s not bad for largest maker of recreational boats and marine engines.
Let’s not forget they also make some of the best bowling balls ever. The kind our friend The Dude can appreciate.
However the Bowling & Billiards segment didn’t do so hot this quarter. That segment is comprised of the Brunswick retail bowling centers; bowling equipment and products; and billiards, Air Hockey and foosball tables. Bowling & Billiards sales in the first quarter of 2007 totaled $105.8 million, down from $114.7 million in the year-ago quarter. Operating earnings were $8.3 million in the first quarter versus $12.8 million in the year-ago quarter.
Still, the Dude loves bowling.