All right, welcome back. Let's have a little fun and talk about you, the consumer, and also some very cool boats. Brunswick is the parent company of boat and engine brands, you know, like Boston Wher, Bayiner, Cray, and Mercury.Company reporting third quarter sales rose nearly 8% across all business units. But what does the future hold for boating and consumer spending. Let's find out now.We are pleased to be joined by the CEO and chair of Brunswick, David Folks. David, it's great to have you on. Uh, we tal ...

Over 1,300 diverse boats will be showcased at the Fort Lauderdale International Boat Show next week. Here's a sneak peek of the five biggest on display. https://t.co/pDSN0G9laF ...

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]

How do you see Malibu boots after you spent a year there. And as we come to like an inflection point, maybe for four rates, is that important to you. Rates are important, important to us.I see Malibu boats in a good position. Matt, honestly, you know, as we were, you know, looking at the market and the consumers is, you know, still struggling a little bit with the elevated rates and so on, We're in a good position. We have capacity. We have invested in our capacity over the last few years.We have new models ...

Core Insights - MasterCraft Boat Company has expanded its dealer network by partnering with Hagadone Marine Center, enhancing its presence in the Inland Northwest, a key U.S. market for boating [1][2] - The partnership is expected to provide customers in the region with access to premium towboats and exceptional service, capitalizing on the area's strong demand for luxury boating experiences [2][4] Company Overview - MasterCraft is recognized as a leading innovator in the design and manufacturing of premium performance sport boats, with a history of industry-leading innovation since its founding in 1968 [7][9] - The company aims to deliver unmatched quality, comfort, and craftsmanship in its boats, focusing on performance that exceeds industry standards [5][7] Partnership Details - Hagadone Marine Center is a luxury, full-service dealership located on the north shore of Lake Coeur d'Alene, known for its strong reputation in the boating community and commitment to exceptional customer experiences [2][3] - The partnership aligns with Hagadone Marine's mission to provide the best boating experience, complementing its existing lineup with MasterCraft's innovative products [4][3] Customer Experience Enhancements - Customers can expect a full-service luxury dealership experience at Hagadone Marine Center, which includes new boat sales, factory-certified service, on-water demos, and seasonal events [8][4] - The partnership will also feature exclusive promotions and service incentives, enhancing the overall customer experience [8]

Core Insights - MasterCraft Boat Company has expanded its dealer network by partnering with Rinker's Boat World in Houston, Texas, enhancing customer access to its premium towboats [1][4] - Rinker's Boat World, established in 1978, aligns with MasterCraft's commitment to quality and customer experience, offering a full-service dealership with on-water demos and support [2][4] - The partnership aims to strengthen MasterCraft's presence in high-demand regions, providing local customers with superior service and access to top-tier towboats [4] Company Overview - MasterCraft is recognized as a leading innovator in the design and manufacturing of premium performance sport boats, with a history of over 50 years in the industry [6] - MasterCraft Boat Holdings, Inc. operates under three brands: MasterCraft, Crest, and Balise, and is headquartered in Vonore, TN [7]

Core Insights - MasterCraft Boat Company has announced a new partnership with Rinker's Boat World, which will serve as an authorized dealer in the Houston area, enhancing customer access to MasterCraft's premium boats [1][4] - Rinker's Boat World is committed to providing a full-service experience, including on-water demonstrations and comprehensive support for MasterCraft's complete line of towboats [2][4] - The partnership aims to expand MasterCraft's dealer network in high-demand regions, ensuring more customers can access top-tier towboats and superior service [4] Company Overview - MasterCraft is recognized as a leading innovator and manufacturer of premium performance sport boats, with a history of over 50 years in the industry [6] - The company operates under MasterCraft Boat Holdings, Inc., which also includes the brands Crest and Balise, and is headquartered in Vonore, TN [7]

Core Insights - Malibu Boats has welcomed Aquaknox Marine to its dealer network, enhancing its presence in East Tennessee [1][4] - Aquaknox Marine, founded in 2008, emphasizes professionalism, transparency, and customer experience in the boating industry [2][3] - The partnership aims to provide a full lineup of Malibu and Axis Wake boats, improving customer access to high-quality watersports experiences [3][4] Company Overview - Malibu Boats, based in Loudon, Tennessee, is the largest manufacturer of watersports towboats, including brands like Malibu and Axis Wake [5] - The company is known for its innovative products such as Surf Gate®, Power Wedge®, and Malibu Command Center™, which enhance the watersports experience [5] Dealer Profile - Aquaknox Marine operates two locations in East Tennessee and is recognized for its commitment to customer service and industry knowledge [3] - The company aims to build trust within the boating community by prioritizing customer satisfaction and integrity [2][3]