FORT PIERCE, FL / ACCESS Newswire / December 16, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced favorable new industry data projecting sustained expansion in the center console power catamarans market. A 2025 report by DataHorizzon Research, titled "Center Console Power Catamarans Market Size, Growth & Forecast Report - 2033," forecasts that the global center console power catamarans market (defined a ...

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) ...

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) ...

Core Insights - Vision Marine Technologies Inc. reported a 40% year-over-year increase in marketing-attributed sales during the 2025 Fort Lauderdale International Boat Show (FLIBS) campaign period [1][4] - Sales activity reached approximately US$10.4 million and 30 boats sold, compared to US$7.4 million and 20 boats in the same period in 2024 [2] - The company attributes its strong performance to focused pre-show marketing and coordinated brand activations [4][5] Sales Performance - The sales increase was measured from September 30 through November 12, encompassing a one-month pre-show and two-week post-show window [2] - Nautical Ventures' total retail performance for the campaign period represented a 40% increase in total volume and value over the comparable 2024 timeframe [4] Marketing Strategy - The company executed focused pre-show marketing and brand activations four weeks prior to FLIBS, which significantly contributed to sales [4] - Integrated digital and social outreach, targeted CRM activity, and on-water demonstration initiatives were key components of the marketing strategy [4] Event Engagement - At FLIBS 2025, Vision Marine and Nautical Ventures showcased a comprehensive display, combining electric and internal-combustion platforms [5][6] - The AquaZone™ presented by Nautical Ventures achieved higher attendance and consumer participation than the previous year, generating more qualified leads and retail inquiries [5] Future Outlook - Vision Marine expects to finalize its full FLIBS campaign results by the end of November and continues to focus on retail efficiency and event-based marketing initiatives [7] - The company aims to drive sustained consumer engagement across its eight Nautical Ventures locations in Florida [7][8]

Core Insights - Malibu Boats, Inc. is showcasing its brands at the Fort Lauderdale International Boat Show (FLIBS) from October 29 to November 2, 2025, highlighting its commitment to innovation and quality in recreational boating [1][3]. Group 1: Product Launches - Pathfinder Boats is launching the all-new 2600 TRS model, designed for both serious anglers and family use, emphasizing fishability and versatility [2][11]. - Pursuit Boats will unveil the S 388 Sport, a luxury fishing boat that combines performance, luxury, and innovation, at a press conference on October 30 [4][5]. - Cobalt Boats is presenting the R31 Outboard, a luxury runabout designed for coastal waters, featuring advanced amenities and performance [6][7][8]. Group 2: Brand Commitment - Malibu Boats, Inc. emphasizes its dedication to delivering exceptional experiences across all segments of recreational boating, aiming to connect with enthusiasts and industry partners at FLIBS [3][18]. - Cobia Boats is showcasing the 245 Center Console and 305 Center Console, focusing on performance and comfort for both anglers and recreational boaters [14][15].

Financial Performance - Brunswick reported a nearly 8% increase in third-quarter sales across all business units [1] - All four reporting segments of Brunswick beat guidance and consensus on both top and bottom lines [4] Consumer Spending & Market Trends - Third-quarter sales have stabilized nicely [3] - Premium boat buyers are stronger than value boat buyers, but even value boat purchases have stabilized [3] - Gas prices are stable and historically low, not currently inhibiting boating [8] Tariff Impact & Mitigation - The full impact of tariffs on Brunswick's business is estimated to be around $75 million this year [5] - China-based tariffs are the primary driver, even though China represents less than 5% of the supply base, equating to roughly $150 million in exposure [6] - Brunswick is working to reduce tariff exposure by reducing content purchased from China, increasing domestic sourcing, and vertically integrating [6] Competitive Advantages - Brunswick is primarily a domestic manufacturer with production facilities in 21 US states, positioning it favorably in an environment of persistent tariffs [10] - Mercury Marine manufactures most of its engines in the US, giving it a competitive advantage over Japanese competitors facing 15% import tariffs [10][11]

Boat Show Overview - The Fort Lauderdale International Boat Show will showcase over 1,300 diverse boats [1] Event Details - The boat show is scheduled for next week [1]

Business Performance - The company is not seeing a comeback in the industry yet, but also not seeing a tailing off [1] - Cash buyers are strong, contributing to good performance in the marketplace for these types of boats [2] - The company introduced 11 new boats this year, driving innovation and attracting customers [3] - Value boats saw a slight drop-off in sales, but this was offset by increased sales of upper-end boats, with sales reaching up to 45-foot boats priced at $2 million [6] Tariffs Impact - Tariffs have a limited impact on the company, affecting sub-tiers and suppliers by approximately 150 to 300 basis points, equivalent to a 15% to 3% price increase [4] - The company is working to offset the price increase caused by tariffs [4] Market Trends and Future Strategy - The company aims to cater to consumer demand by developing bigger, longer, and more feature-rich boats [8] - The company emphasizes responsible boating, providing technology to control wave size and working with the WSIA to promote responsible boat usage on lakes [10][11] - The company wants to see more consumer confidence through economic policy [13]

Market Overview - The U.S. is facing a potential government shutdown, which could have economic implications, including a drag on GDP of about 0.1% per week if resolved quickly, but potentially more significant if extended [1][2] - Job openings reported at 7.227 million, slightly above estimates, indicating a tight labor market [1][2] - Consumer confidence index for September came in at 94.2, lower than the expected 96, marking the lowest level since April [1][3] Economic Implications - A prolonged government shutdown could lead to furloughs of 600,000 to 700,000 workers, potentially raising the unemployment rate from 4.3% to between 4.5% and 4.7% [1][2] - Consumer confidence is being affected by rising prices in food, fuel, and utilities, which dampens spending and corporate investment [2][3] - The market has shown resilience despite political uncertainties, with stocks generally not reacting strongly to government shutdowns historically [1][2] Company Focus: Nike - Nike is set to report fiscal first-quarter earnings, with expectations of a year-over-year sales decline of 5% to 6% [5][6] - Analysts are looking for guidance indicating a smaller decline in the second quarter, ideally down only 3% to 4% [5][6] - Innovation is highlighted as a key factor for Nike's growth, particularly in the running footwear category, which is crucial for the brand's recovery [5][6] Consumer Behavior - There is a contradiction between consumer sentiment and spending, with strong spending indicators despite declining confidence [3][4] - Concerns about job availability and rising prices are prevalent among consumers, impacting their financial outlook [3][4] - The upcoming holiday season is expected to test consumer tolerance for price increases due to tariffs [3][4] Industry Trends - The athleisure market has faced challenges, with many stocks down significantly this year despite strong sales growth [5][6] - Companies like Under Armour are noted for potential growth due to upcoming innovations, despite negative sentiment [5][6] - The overall market sentiment is cautious, with investors closely monitoring earnings and consumer behavior as key indicators for future performance [5][6]

Core Insights - Vision Marine Technologies Inc. has announced a strategic non-binding initiative with Port de plaisance La Ronde to create a technological and commercial hub for electric boating in Montreal [1] Group 1: Project Overview - The initiative aims to develop an electric boating hub on Île Sainte-Hélène, which is located near Montréal-Trudeau International Airport [1] - The project will include a sales and distribution center, a technical and commercial training platform, and an expertise center [1] Group 2: Industry Impact - The hub is designed to foster the adoption of electric propulsion in the marine industry, indicating a shift towards sustainable boating practices [1]