Brunswick Fitness Results Dip on Higher Sales
Operating income at the Fitness business was $11.0 million compared to $18.3 million as sales rose 4% to $244.4 million from $235.6 million in the segment, which is in the process of being spun off the shareholders sometime in Q1 of FY19. Overall net income was $72.9 million, up 12%, against $64.9 million for the three months ended Mar. 31 as sales rose 7% to $1,155.4 million from $1,082.1 million. This year’s results included a loss of the discontinued Sea Ray business of $7.6 million against $9.3 million last year.
BC said weakness in the Cybex business in Q1 that is ... Log in to view full article.