Financial Review on Consumer Goods Stocks Brunswick Corp. and Fossil Inc. - Recreational Goods Seeing Improving Spending but Headwinds Remain
(firmenpresse) - NEW DELHI, INDIA -- (Marketwire) -- 10/31/12 -- For companies operating in the recreational goods industry, recession lows were challenging as consumers cut back on nonessentials. The recovery, albeit a sluggish one, is promising for the industry. Nonetheless, currency headwinds are increasing and many have seen their sales margins dwindle as component and labor costs rise. The Recreational Goods, Other industry has seen the above updates lately. And members can today access complimentary reports for two companies, (NYSE: BC) and (NASDAQ: FOSL), serving this industry by following this link
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Several companies have recently been investing time and money into cost reductions and operating efficiencies. For the third quarter, Brunswick Corp. reported net earnings of $2 million, a 57 percent decline from last year's $4.7 million. However, results included $28.2 million of restructuring, exit and impairment charges and revenue for the quarter actually improved by 1 percent year-over-year. Brunswick Corp. financial analysis available by signing up for free at
Elsewhere in the industry, Fossil Inc. has yet to report its third quarter financial results which are scheduled for release on November 6th. The company presently seems to be coming up to some significant management changes as its Vice Chairman has announced his October 26, 2012 retirement and its CFO has announced his retirement date in March 2013. Street-Wire.com posted financial analysis on Fossil Inc. today, members can access it at
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Datum: 31.10.2012 - 07:00 Uhr
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