Overall, Brunswick Corporation garnered $1.0 billion in sales in the second quarter ended July 3, as increasing sales of boats and marine engines combined with recent cost cutting measures resulted in a swing to profitability for the period. Net earnings reached $13.7 million, or 15 cents per diluted share, despite 26 cents per diluted share of restructuring, exit and impairment charges and 2 cents per diluted share of expense from special tax items.
Operating earnings reached $55.7 million, a $201.1 million improvement from the prior-year period.
For the Fitness segment, sales in the second quarter totaled $123.2 million, up 17% from $105.0 million in the year-ago quarter. International sales, representing 54% of total segment sales in the quarter, increased by 39% in the segment.
Despite an increase in international and equipment sales, second quarter revenue in the Bowling & Billiards segment totaled $77.3 million, down slightly compared with $77.4 million in the year-ago quarter, mainly due to a mid-single-digit decline in retail bowling.
