Brunswick Expects Freedom Boat Club To Surpass 50K Memberships

by Shivani Kumaresan, Benzinga Staff Writer

June 6, 2022 12:49 PM | 1 min read |

Brunswick Corp BC said Freedom Boat Club is expected to surpass 50,000 memberships across its 360 global locations this week.
Freedom's 50,000 memberships cover more than 75,000 global members.
The company said it has more than doubled its memberships, locations, and the number of boats in its fleet since its acquisition of Freedom in 2019.
Freedom's contribution to Brunswick's top line is expected to double in 2022 compared to 2021.
Brunswick said its recurring revenue businesses already deliver more than 40% of total company earnings, with a target to exceed 50% by 2025.
Price Action: BC shares are trading higher by 1.67% at $73.14 on the last check Monday.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.