Mercury Marine's parent company Brunswick Corporation released its second quarter report today, and the number's for the corporation's marine engine segment aren't good.
Sales were down by 43 percent from the same quarter a year ago and the marine engine segment had an operating loss of $7.8 million including restructuring charges of $9.6 million. International sales, which accounted for 42 percent of the segment's sales, were down by 45 percent. A year ago there were operating earnings of $58.9 million.
For Brunswick, total sales were down by 52 percent for the quarter, and the company had a net loss of $163.7 million. Mercury officials are considering whether to consolidate operations at their Fond du Lac or Stillwater, Oklahoma facilities.
