US-BASED BRUNSWICK Corporation said all of its businesses – boats, engines, P&A and services – had another outstanding quarter, on their way to closing out the most successful year in the company’s history.
“As we close out 2021, we’re focused on elevating production levels to meet demand and refill field inventory during the retail off-season, integrating Navico and our other acquisitions, progressing our strategic initiatives, and closing the most successful year in Brunswick’s history,” stated Brunswick CEO David Foulkes.
Foulkes acknowledged that the entire industry has experienced more pronounced supply chain disruptions than anyone anticipated. Nonetheless, Brunswick has continued to deliver boats, although, he noted, “Robust retail demand for our products has driven field inventory to the lowest level in decades, at just over 10 weeks on hand.”
International sales are up 17% versus 2020 and improving across all regions except Asia-Pacific.
