Brunswick Corporation’s overall net sales rose 22% to $814.4 million in the third quarter of 2010.
For the Fitness segment, sales in the quarter totaled $137.7 million, up 9.0% from the $126.8 million posted in the year-ago period.
International sales, which represented 56.0% of total segment sales in the quarter, increased by 10%. For the quarter, the Fitness segment reported operating earnings of $17.0 million. This compares with operating earnings of $12.5 million in the third quarter of 2009, which included restructuring charges of $400,000.
Brunswick CEO Dusty McCoy cited International sales as the primary contributor to the strong quarterly growth in Fitness, as BC experienced year-over-year growth in revenues of 10% throughout the company’s non-U.S. customer base.
Third quarter same-store retail Bowling revenues were down in low-single-digits. Third quarter revenue in the Bowling & Billiards segment totaled $74.6 million, down 4.0% compared versus $77.5 million in the year-ago quarter. Fortunately, International sales, which represented 26.0% of total segment sales in the quarter, increased by 1.0%.
