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Malibu Boats Named Official Towboat of the Performance Ski & Surf Gravel Tour
Globenewswire· 2026-02-18 14:40
M230 to Tow Riders Across Wakeboard, Wakesurf, Wakeskate & Foil Divisions in 2026LOUDON, Tenn., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Malibu Boats today announced its partnership as the exclusive towboat sponsor of the Performance Ski & Surf Gravel Tour, one of the most established grassroots wake sports tournament series in the world. Founded in 1999 by watersports legend Herb O’Brien and Bill Porter, owner of Performance Ski & Surf, the Gravel Tour was built on a simple belief: grassroots competition grows th ...
Chris-Craft elevates the boating experience with a reimagined Launch 27 designed for effortless enjoyment
Globenewswire· 2026-02-09 18:53
Core Insights - Chris-Craft is set to unveil the redesigned Launch 27 at the Miami International Boat Show, showcasing a blend of modern performance and timeless design [1] - The Launch 27 has been a beloved model for over 25 years, known for its iconic silhouette and craftsmanship, now enhanced with richer materials and advanced technology [2] - The redesign aims to integrate the latest marine technologies to improve performance, comfort, and overall user experience [3] Design and Features - The exterior features a sleek sporty profile with stainless steel, teak, and hardware, complemented by a cross-curve glass windshield [4] - The interior prioritizes passenger experience with spacious seating, elevated upholstery, and practical features like large storage compartments and a concealed Bimini top [5] - A new power Bimini option allows for easy deployment, enhancing user convenience [5] Helm and Technology - The helm is designed to provide a sports car-like driving experience, featuring a Garmin 1543 XSV Ultrawide display for integrated audio, navigation, and engine data [6] - The standard audio system includes a Fusion source unit and JL Sport grill M3 speakers, with an optional premium audio system for an enhanced listening experience [6] Company Background - Chris-Craft has a rich history of over 150 years in boat manufacturing, emphasizing craftsmanship and quality [9] - The company is headquartered in Sarasota, Florida, and offers a range of boat models in its 2026 Collection, including the Sportster, Launch, Launch GT, Calypso, and Catalina [9] - Chris-Craft is a subsidiary of Winnebago Industries, a manufacturer of outdoor lifestyle products [9]
Malibu Boats, Inc. to Showcase Lineup of Industry-Leading Brands at the Miami International Boat Show
Globenewswire· 2026-02-05 17:11
Core Insights - Malibu Boats, Inc. will showcase its brands at the Miami International Boat Show (MIBS) from February 11-15, 2026, featuring new models including the Pursuit DC 286 and Pathfinder 2800 Hybrid [1][2][3] Group 1: Event Details - The Miami International Boat Show is a significant event for the global marine industry, where Malibu Boats will present its latest offerings [3] - Attendees will have the opportunity to experience the public debut of the Pursuit DC 286 and Pathfinder 2800 Hybrid on February 11 [2][3] Group 2: Product Highlights - The Pursuit DC 286 is a 28-foot dual console designed for exceptional performance and comfort, filling a key space in the Pursuit lineup [5] - The Pathfinder 2800 Hybrid is a milestone model that combines innovation and performance, featuring several firsts for the brand, including a stepped-hull design for twin engines [8][9] - Malibu and Axis Boats will showcase performance-driven models like the Malibu M230 and Axis T250, emphasizing on-water performance and technology [4] Group 3: Brand Commitment - Malibu Boats, Inc. emphasizes its commitment to innovation, quality, and customer experience, aiming to connect with boating enthusiasts at the show [3] - Cobalt Boats will present a premium lineup reflecting luxury craftsmanship and performance, including models from its acclaimed outboard series [7] - Cobia Boats will debut the all-new 245 CC and 305 CC, focusing on fishing capability combined with family comfort [10]
Vision Marine Technologies Unveils Specter Flagship Electric Tritoon Platform
Prnewswire· 2026-02-02 21:00
Core Insights - Vision Marine Technologies Inc. has launched Specter, a flagship electric 26'6" tritoon platform, which will be showcased at major North American marine industry events [1][2] - Specter is part of Vision Marine's product roadmap and highlights the company's high-voltage electric propulsion strategy [2][6] Product Features - Specter is powered by Vision Marine's proprietary E-Motion™ high-voltage electric propulsion system, featuring an integrated onboard charging architecture for practical electric boating [3] - The platform incorporates advanced foiling technology developed with Hydrofin to enhance efficiency and performance [3] - Specter features a fiberglass monocoque hull and a modern interior layout, providing a premium onboard experience [3] Market Overview - The global pontoon market was valued at approximately USD 8.1 billion in 2024, with a projected compound annual growth rate of about 8.8% through 2031, indicating strong consumer interest [4] - North America holds a significant share of the pontoon market, driven by active participation in lake and river boating [4] Distribution and Support - Specter will be distributed through Vision Marine's network and its wholly owned dealership group, Nautical Ventures, ensuring integrated sales and service capabilities [5][6] Strategic Objectives - The launch of Specter aligns with Vision Marine's strategy to advance electric technology in established boating segments and enhance market visibility [6][8]
Brunswick(BC) - 2025 Q4 - Earnings Call Transcript
2026-01-29 17:02
Financial Data and Key Metrics Changes - Brunswick finished 2025 with net sales of $5.4 billion, up 2% year-over-year, marking the first full-year net sales growth in three years [4][15] - Adjusted earnings per share (EPS) for the year was $3.27, impacted by tariff headwinds, with free cash flow generation reaching $442 million, up 56% year-over-year [4][17] - The company reported a 41% increase in Q4 earnings compared to the prior year, driven by higher sales and operational improvements [15] Business Line Data and Key Metrics Changes - The propulsion segment saw a 23% increase in sales, with double-digit growth across all product categories, driven by strong OEM orders [17][19] - The aftermarket parts and accessories (P&A) business grew sales by 15% in Q4, marking the third consecutive quarter of growth [19] - The boat segment reported an 11% sales increase, with growth across premium, core, and value categories [22] Market Data and Key Metrics Changes - The U.S. retail boat market finished 2025 down approximately 9% in units, while Brunswick's global retail unit sales were down only 5% [3][10] - Dealer inventories remained low, with a high percentage of recent model year products, supporting a favorable retail environment [4][10] - Brunswick's market share in the U.S. outboard segment remained stable at approximately 47%, with gains in higher horsepower engines [11] Company Strategy and Development Direction - Brunswick plans to continue driving operational efficiencies and is encouraged by the strong reception of new products, with a focus on ultra-high horsepower engines [23][89] - The company aims for revenue growth in 2026, projecting net sales between $5.6 billion and $5.8 billion, with adjusted operating margins between 7.5% and 8% [24] - Brunswick's strategy includes significant investments in new product development and technology, alongside returning capital to shareholders [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in improved market conditions for 2026, supported by falling interest rates and strong retail demand [5][8] - The company anticipates a flat to slightly up U.S. retail boat market, with expectations for wholesale sales to closely match retail [23][24] - Management noted that tariff mitigation actions successfully offset over half of the gross dollar exposure, with expectations of further incremental tariff costs in 2026 [9][28] Other Important Information - Brunswick's liquidity at year-end was $1.3 billion, including access to an undrawn revolving credit facility [13] - The company plans to retire approximately $160 million of debt in 2026, contributing to a net debt leverage target of 2.5x or lower [29] - Brunswick received multiple awards for its products and innovations at recent trade shows, highlighting its commitment to quality and technology [31][35] Q&A Session Summary Question: What was the retail performance in the fourth quarter? - Management indicated that retail performance was flat, with continued strength in premium and core brands, which represent a significant portion of their portfolio [41] Question: What gives confidence for flat to up retail in 2026? - Management cited expected interest rate cuts and improving retail financing conditions as key factors supporting their outlook for 2026 [43][44] Question: How should we think about inventory levels for 2026? - Management expects pipeline units to be flat to slightly reduced, aiming to match wholesale and retail [46][48] Question: How is the company addressing competitive inventory levels? - Management noted solid ordering and a healthy pipeline, indicating no evidence of dealers holding back on orders [49] Question: What are the dynamics affecting retail sales and replacement rates? - Management highlighted a significant gap between new boat sales and replacement rates, suggesting a natural pull for retail sales [53] Question: How is the propulsion business performing with OEM customers? - Management reported strong performance and share gains in the propulsion segment, with new multi-year agreements with OEMs [61][62]
Brunswick(BC) - 2025 Q4 - Earnings Call Transcript
2026-01-29 17:02
Financial Data and Key Metrics Changes - Brunswick finished 2025 with net sales of $5.4 billion, up 2% year-over-year, marking the first full-year sales growth in three years [4][15] - Adjusted earnings per share (EPS) for the year was $3.27, impacted by tariff headwinds, with free cash flow generation reaching $442 million, a 56% increase year-over-year [4][17] - The company reported a 41% increase in Q4 earnings compared to the prior year, driven by higher sales and operational improvements [15] Business Line Data and Key Metrics Changes - The propulsion segment saw a 23% increase in sales, with double-digit growth across all product categories [17][21] - The aftermarket parts and accessories (P&A) business grew sales by 15% in Q4, marking the third consecutive quarter of growth [19] - The boat segment reported an 11% sales increase, with growth across premium, core, and value categories [22] Market Data and Key Metrics Changes - The U.S. retail boat market finished the year down approximately 9% in units, while Brunswick's global retail unit sales were down only 5% [3][10] - Dealer inventories remained low, with a high percentage of recent model year products, supporting a favorable retail environment [4][10] - Brunswick's market share in the U.S. outboard segment remained stable at approximately 47%, with gains in higher horsepower engines [11] Company Strategy and Development Direction - Brunswick plans to continue driving operational efficiencies and investing in new products, with a focus on maintaining a competitive edge in the market [23][31] - The company anticipates a flat to slightly up U.S. retail boat market in 2026, with expectations for improved wholesale sales to match retail [24][28] - Strategic actions include a focus on new product launches and maintaining strong relationships with OEMs, particularly in Europe [62] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in improved market conditions for 2026, supported by early season retail strength and falling interest rates [5][8] - The company noted that tariff mitigation actions successfully offset over half of the gross dollar exposure, with expectations for further incremental tariff costs in 2026 [9][28] - Management highlighted the importance of maintaining a strong balance sheet and financial flexibility to support growth initiatives [12][13] Other Important Information - Brunswick's liquidity at year-end was $1.3 billion, including access to an undrawn revolving credit facility [13] - The company plans to return capital to shareholders through dividends and share repurchases, with a slight dividend increase anticipated [30] - Brunswick received multiple awards for its products and innovations at recent trade shows, enhancing its brand reputation [35] Q&A Session Summary Question: Retail performance in Q4 and outlook for 2026 - Management indicated that retail performance was flat in Q4, with continued strength in premium and core brands, and expressed confidence in a flat to up retail market for 2026 due to anticipated interest rate cuts [39][41][43] Question: Inventory levels and wholesale vs retail dynamics - Management expects pipeline units to be flat to slightly reduced in 2026, aiming to match wholesale and retail [46][48] Question: Market share opportunities and competitive dynamics - Management believes Brunswick has a long-term structural advantage due to tariffs impacting competitors, with expectations for steady market share gains [88][90] Question: Tariff impacts and financial guidance - Management provided insights on the expected incremental tariff costs for 2026, estimating a $35-$45 million impact, primarily in Q1 [73][79]
Twin Vee PowerCats (VEEE) - 2026 FY - Earnings Call Transcript
2026-01-21 16:02
Financial Data and Key Metrics Changes - Twin Vee PowerCats has a total market cap of under $4 million, indicating a relatively small market presence [6] - The company has produced over 10,000 boats globally, showcasing its experience in the industry [6] Business Line Data and Key Metrics Changes - Twin Vee has acquired 100% of Bahama Boat Works, which is now a part of Twin Vee, enhancing its product offerings [4] - The company operates a new modified 100,000 sq ft facility capable of producing up to 700 units annually, depending on the model mix [5] Market Data and Key Metrics Changes - The partnership with Mercury Marine is expected to elevate the trust and demand for Twin Vee's products, as Mercury is a leading brand in marine propulsion [5][6] - Motor packages account for 20%-35% of the total cost of a boat, highlighting the importance of brand reputation in buyer decisions [5] Company Strategy and Development Direction - The strategic partnership with Mercury Marine aims to relaunch the Bahama brand with a complete model lineup from 21 ft to 41 ft and possibly larger [4] - The company plans to reintroduce the Bahama Boat brand with a focus on discipline, execution, and modern manufacturing [8] Management's Comments on Operating Environment and Future Outlook - Management expresses excitement about the future, emphasizing the potential for growth and innovation under the new partnership [3][4] - The company aims to leverage shared costs and infrastructure to support multi-brand growth without duplicating capital expenditures [7] Other Important Information - The official relaunch of Bahama Boats with Mercury Marine is scheduled for March 25th at the Palm Beach Boat Show [8] Q&A Session Summary - No specific questions and answers were provided in the content.
Twin Vee PowerCats Co. Positions Itself to Capitalize and Ride Industry Growth in the Expanding Catamaran Market
Accessnewswire· 2025-12-16 13:00
Core Insights - The article highlights the positive outlook for the center console power catamarans market, indicating significant growth potential for the industry [1] Industry Summary - A report by DataHorizzon Research projects the global center console power catamarans market to grow from approximately $2.8 billion in 2024 to $4.6 billion by 2033, representing a Compound Annual Growth Rate (CAGR) of 5.7% [1]
X @Forbes
Forbes· 2025-12-03 14:00
Meet the "Tesla for watercraft."After years of research at Princeton, Flux Marine launched to electrify the boating world. They've raised $30 million to build high-performance electric outboards for boats that cost around $120,000.Say goodbye to noise and gas fumes. The electric revolution is officially hitting the sea. Read more: https://t.co/Ks4fxEjCHA #ForbesUnder30 (Photo: Sebastian Nevols for Forbes) ...