All USA articles – Page 174
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NewsSofter Q2 for MasterCraft
MasterCraft Boat Holdings Inc reported declines in net sales, net income and adjusted ABITA in its 2020 second quarter results, reflecting impacts of a weather-dampened summer 2019 retail season and subsequent measures to “right-size” dealer inventories.
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NewsEngel & Völkers expands yachting activities to US
Engels & Völkers (E&Y), the real estate and yachting services group, is expanding its yacht-related activities to the US from its core Mediterranean region. The initial move is the setting-up of a yachting shop in Newport Beach, California.
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NewsMarineMax Sarasota to host reopening party
MarineMax Sarasota in Florida is to host a grand reopening party on Thursday to celebrate its newly renovated marina and new members lounge.
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NewsHigher horsepower drives outboard engine sales to 13-year high
US consumer demand for newer, technologically advanced, higher horsepower engines has driven US outboard sales to a 13-year high, nearly reaching pre-recession sales levels, according to the National Marine Manufacturers Association (NMMA).
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NewsJohnson Outdoors posts solid Q1 results
Outdoor recreation equipment manufacturer Johnson Outdoors released its 2020 first quarter results on Friday, reporting higher sales and double-digit growth in net income.
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NewsAppointment at LCI
US-based parts and equipment manufacturer Lippert Components Inc (LCI) has named Mark Boessler as its new senior vice president of aftermarket.
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NewsBrunswick details full year performance on analyst call
Despite a slight decline in 2019 sales, the industry’s largest company reports strong earnings with solid margin growth, delivering shareholders a tenth consecutive year of EPS gains. CEO David Foulkes tells analysts this afternoon why the company is ’built to win’
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NewsSchaefer Yachts sees advances in its US business
Brazilian boatbuilder Schaefer Yachts says it is committed to continuing its efforts to develop the Schaefer line of motoryachts in the US market with a focus on styling and quality.
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NewsInternational trade still holds challenges for recreational marine industry
Despite a flurry of recent positive activity on the trade front, the US recreational boating industry continues to face what the National Marine Manufacturers Association (NMMA) calls “serious challenges”. In a trade update to its members, NMMA wrote: “While NMMA is encouraged with the recent ratification of the United States-Mexico-Canada ...
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NewsSafe Harbor acquires Siesta Key Marina
Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre property ...
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NewsSoft Q4 leads to full-year sales decline for Marine Products Corp
Marine Products Corp, manufacturer of the Chaparral, Robalo and Vortex boat brands, reported its fourth quarter and full 2019 financial results on Wednesday, with a softer Q4 leading to a slight overall loss for the full year.
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NewsRecreational boating opposes ‘Right to Repair’ legislation
The recreational boating industry has growing concern with a growing trend: so-called ‘Right to Repair’ legislation that requires manufacturers to release software information to allow independent retailers to repair electronic products. Just 29 days into the new decade, 27 US state legislatures have introduced such bills, which are opposed by ...
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NewsABYC announces second annual Educator Training Conference
The American Boat and Yacht Council (ABYC) has opened registration for its second annual Educator Training Conference, scheduled to be held from July 21-23 in Annapolis, Maryland.
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NewsNew location, procedures for Miami Boat Show Innovation Breakfast
This year’s ‘State of the Industry’ address will be held at the Rusty Pelican Restaurant
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NewsMultiple fatalities feared in Alabama dock fire
At least two people are dead and nine people missing in a blaze this morning at Jackson County Park
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NewsMarineMax raises earnings guidance based on record Q1 results
America’s largest recreational boat and yacht retailer announced 26% growth for the quarter ending December 31 and has boosted its guidance for full 2020 earnings by 15%. The company’s share price jumped 20% in early trading in response to the news.
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NewsDutch builder launches North American department
Zeelander Yachts of the Netherlands has announced the launch of a Zeelander North America, a new department based in Ft Lauderdale, Florida and led by Anthony Baranello.
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NewsHighfield becomes custom tender supplier for Leopard Catamarans
US builder will offer its Highfield Classic and Classic Deluxe models branded for the Leopard line of 40ft-58ft boats
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