Brunswick–Comments From TheStockMasters

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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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.

www.thestockmasters.com

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.

www.thestockmasters.com

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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