Brunswick Says Q2 Preliminary Results Are Below Initial Expectations Due Solely To The Impacts Of Recent IT Security Incident That Was Disclosed In June
Portfolio Pulse from Benzinga Newsdesk
Brunswick Corporation (BC) has announced that its Q2 preliminary results are below initial expectations due to the impacts of a recent IT security incident that was disclosed in June.
July 19, 2023 | 10:34 am
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NEGATIVE IMPACT
Brunswick Corporation's Q2 results are negatively impacted by a recent IT security incident. This could potentially affect the company's stock price in the short term.
The IT security incident has directly impacted Brunswick's Q2 results, which are below expectations. This negative financial news could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100