Workflow
Boating
icon
Search documents
Chris-Craft elevates the boating experience with a reimagined Launch 27 designed for effortless enjoyment
Globenewswire· 2026-02-09 18:53
America’s Boatbuilder introduces redesigned boat with sleek new hull, interior design and technology at Miami International Boat ShowMIAMI, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Chris-Craft, America’s Boatbuilder Since 1874, will unveil the all-new Launch 27 at the Discover Boating® Miami International Boat Show®, February 11–15 at the Miami Beach Convention Center. Reimagined from bow to stern, the next-generation Launch 27 blends modern performance with timeless design, offering boaters a more refined, more c ...
Malibu Boats, Inc. to Showcase Lineup of Industry-Leading Brands at the Miami International Boat Show
Globenewswire· 2026-02-05 17:11
Pursuit Boats, Cobalt Boats, Malibu and Axis Boats, and Maverick Boat Group (Cobia, Pathfinder) to exhibit, debut and showcase all new models including the Pursuit DC 286 and Pathfinder 2800 HybridLOUDON, Tenn., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU), a leading designer, manufacturer, and marketer of a diverse portfolio of recreational powerboat brands, today announced that its brands Pursuit Boats, Cobalt Boats, Malibu and Axis Boats, and Maverick Boat Group, Inc. comprised of ...
Vision Marine Technologies Unveils Specter Flagship Electric Tritoon Platform
Prnewswire· 2026-02-02 21:00
Specter to be Showcased at Major North American Boat Shows MONTREAL, Feb. 2, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company") an electric marine technology company specializing in high-voltage marine propulsion, together with its recently acquired retail network, Nautical Ventures, an award-winning Florida- based dealership group, today announced the launch of Specter, a flagship electric 26'6" tritoon platform that will be showcased at major North Ameri ...
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· 2025-12-06 11:15
Company Overview - Flux Marine 是一家致力于船舶电动化的公司,目标是打造“水上特斯拉”[1] - 该公司已筹集 30 million 美元,用于生产高性能电动舷外机[1] - 产品主要面向价格约为 120 thousand 美元的船只[1] Industry Trends - 电动革命正在进入航海领域,有望告别噪音和燃油废气[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) ...
Nautical Ventures Achieves 40% Year-Over-Year Sales Lift Surrounding FLIBS 2025
Prnewswire· 2025-11-18 09:00
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]