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Brunswick Showcases Strong Brands and Innovation at the 2026 Miami International Boat Show
Globenewswire· 2026-02-19 11:00
Core Insights - Brunswick Corporation showcased strong sales performance, increased outboard market share, and significant innovation at the 2026 Miami International Boat Show, introducing seven new products and winning 11 awards for excellence in various categories [1][4]. Product Launches - New products launched include the Boston Whaler 290 and 330 Outrage models featuring WhalerStep™ Hull Technology, and advanced multi-function displays from Simrad and B&G [6]. - Mercury Marine introduced a suite of advanced control technologies, including a new joystick and keyless start system, enhancing performance and user experience [6]. Industry Recognition - Brunswick received 11 awards at the show, including two Innovation Awards for Lowrance ActiveTarget 2XL and Mercury Boost, and three Consumer Satisfaction Index Awards for Boston Whaler, Crestliner, and Lund [6]. - The company’s brands were recognized for their excellence in innovation, customer service, and marketing, reinforcing their leadership in the marine industry [4][6]. Market Performance - Mercury Marine achieved a record 84% share of outboard engines at the show, a 15-percentage point increase from 2025, and maintained over 60% share across the entire event [6]. - Retail sales for premium brands like Sea Ray and Boston Whaler remained flat compared to a strong 2025, driven by anticipation for new product releases [6].
Garmin(GRMN) - 2025 Q4 - Earnings Call Transcript
2026-02-18 16:32
Garmin (NYSE:GRMN) Q4 2025 Earnings call February 18, 2026 10:30 AM ET Company ParticipantsCliff Pemble - President and CEODoug Boessen - CFO and TreasurerIvan Feinseth - Chief Investment Officer and Director of ResearchTeri Seck - Director of Investor RelationsConference Call ParticipantsBen Bollin - Partner and Senior Equity Research AnalystDavid MacGregor - President and Senior Equity Research AnalystErik Woodring - Executive Director and Equity AnalystJoseph Cardoso - VP and Equity Research AnalystNoah ...
Sheffield Financial, Mercury Marine launch financing partnership for outboard engines and boat packages
Prnewswire· 2026-02-18 13:15
Sheffield Financial, Mercury Marine launch financing partnership for outboard engines and boat packages [Accessibility Statement] Skip NavigationWINSTON-SALEM, N.C., Feb. 18, 2026 /PRNewswire/ -- Sheffield Financial, a division of Truist Bank, and Mercury Marine have launched a retail financing partnership designed to simplify the purchase of Mercury outboard engines and boat packages.Under the agreement, customers can select Sheffield-powered financing with competitive rates and a digital experience that c ...
Brunswick Corporation Named to Newsweek's America's Greatest Workplaces for Women 2026
Globenewswire· 2026-02-09 11:00
Core Insights - Brunswick Corporation has been recognized in Newsweek's America's Greatest Workplaces for Women 2026 list, achieving a four-and-a-half-star rating for its commitment to an inclusive environment for women [1][3][4] Group 1: Recognition and Evaluation - The 2026 ranking was conducted by Newsweek in partnership with Plant-A Insights Group, evaluating over one million company reviews from female employees and assessing workplace equity, fairness, leadership representation, and employee satisfaction [2] - Brunswick's high rating reflects its industry-leading programs in leadership development, mentoring, work-life balance, and comprehensive benefits that support professional growth [3] Group 2: Company Commitment - Jill Wrobel, CHRO of Brunswick Corporation, emphasized the company's dedication to creating a workplace where women are valued and supported, aiming to expand opportunities for women globally [4] - Brunswick Corporation is a leader in marine recreation, focusing on innovation and technology-driven solutions, and operates with approximately 14,000 employees across 26 countries [5]
Vision Marine Technologies Announces Development of Project Pelagos, an AI-Driven Customer Intelligence Platform for the Nautical Ventures Retail Network
Prnewswire· 2026-02-06 10:00
Core Insights - Vision Marine Technologies Inc. has announced the development of Project Pelagos, an AI-driven customer intelligence and revenue operations platform for its retail subsidiary, Nautical Ventures [1][4] Group 1: Project Pelagos Overview - Project Pelagos aims to enhance execution, coordination, and customer experience within the Nautical Ventures retail network by integrating AI into sales and aftersales operations [2][5] - The platform will connect various traditionally disconnected systems, such as Dealer Management Software and team communications, into a unified environment to improve revenue execution and customer experience [3][4] Group 2: Strategic Importance - The initiative is a key part of Vision Marine's strategy to create a vertically integrated model that combines technology, retail, service, and customer access, focusing on scalability and operational discipline [4][6] - Project Pelagos is designed to provide an AI-assisted customer intelligence layer that analyzes engagement patterns to support opportunity prioritization and improve internal workflows while maintaining human judgment [5][6] Group 3: Development and Future Plans - Project Pelagos is currently under active development, with a phased rollout planned for 2026 across Nautical Ventures' sales and customer operations [7] - The integration of AI is expected to enhance operating leverage within the retail platform, leading to more efficient sales execution and consistent performance as the network expands [6][7]
Patrick Industries(PATK) - 2025 Q4 - Earnings Call Presentation
2026-02-05 15:00
Q4 2025 Earnings Presentation February 5, 2026 Forward-Looking Statements This presentation contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified by words such as "estimates," "guidance," "expects," "anticipates," "intends," "plans," "believes," "seeks" and similar expressions. Forward-looking statements include information with respect to financial condition, results of operat ...
MarineMax(HZO) - 2026 Q1 - Earnings Call Presentation
2026-01-29 15:00
Q1 FY 2026 Investor Presentation January 29, 2026 Forward-Looking Statements Certain statements in this presentation are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events, and may be identified by the use of words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," or "would," or the negat ...
OneWater(ONEW) - 2026 Q1 - Earnings Call Transcript
2026-01-29 14:32
Financial Data and Key Metrics Changes - Fiscal first quarter revenue was $381 million, a 1% increase from $376 million in the prior year [11] - Gross profit increased to $89 million from $84 million year-over-year, with gross profit margin expanding to 23.5%, an improvement of 110 basis points [12] - Net loss for the quarter was $8 million, or $0.47 per diluted share, compared to a net loss of $14 million, or $0.81 per diluted share in the prior period [12] Business Line Data and Key Metrics Changes - New boat sales decreased by 6% compared to the prior year, while pre-owned boat sales increased by 24%, driven by higher unit sales and average unit price [11] - Service parts and other revenue grew by 10% compared to the prior year, indicating strength in the distribution segment and service operations [11] Market Data and Key Metrics Changes - Inventory decreased to $602 million as of December 31, 2025, from $637 million a year earlier, reflecting disciplined inventory optimization [14] - Total liquidity was approximately $46 million, including $32 million in cash and cash equivalents [14] Company Strategy and Development Direction - The company is focused on simplifying its business and reallocating capital to areas with the strongest strategic fit, including selling certain distribution segment assets [6][7] - The strategic brand initiatives completed last year are expected to enhance gross margins and profitability [6] Management's Comments on Operating Environment and Future Outlook - Management remains cautiously optimistic, maintaining fiscal year 2026 guidance ranges despite a softer industry outlook [15] - The company anticipates total sales between $1.83 billion and $1.93 billion, with adjusted EBITDA expected to range from $65 million to $85 million [16] Other Important Information - The company recognized a $7 million impairment charge related to certain distribution assets classified as held for sale [12] - The company expects proceeds from the asset sale to enhance financial flexibility and support capital allocation priorities [7] Q&A Session Summary Question: What is the shift seen in the pre-owned market? - Management indicated that better availability of pre-owned boats is driving the performance, with more trades being taken in [18] Question: How does the company view year-end net leverage and inventory? - Management expects leverage to decrease to almost 4x by the end of the fiscal year, with inventory being managed according to retail conditions [22] Question: What is the outlook for the boat show season? - Management noted that the boat show season has been flat, but consumer enthusiasm remains strong, with better-than-expected margins [24] Question: Are there any impacts from recent storms on operations? - Management stated that they do not expect significant impacts from storms, as the affected areas are not major markets for the company [41] Question: Is there evidence of the monthly payment buyer returning? - Management indicated that while many customers finance their purchases, they do not see a significant return of lower-end, price-sensitive consumers [60]
Brunswick Corporation Releases 2025 Fourth Quarter and Full-Year Earnings
Globenewswire· 2026-01-29 11:15
Core Viewpoint - Brunswick Corporation has released its fourth quarter and full-year 2025 financial results, indicating a focus on innovation and leadership in the marine recreation industry [1]. Financial Results - The complete financial results press release is available on the company's website and will also be filed with the SEC [1]. - A conference call to discuss these results is scheduled for January 29, 2026, at 10 a.m. CT / 11 a.m. ET [2]. Conference Call Details - The conference call will be hosted by key executives including the CEO and CFO, with a presentation available during the call [2]. - Participants can access the call via telephone or through a webcast on the company's website [3][4]. Company Overview - Brunswick Corporation is a global leader in marine recreation, offering technology-driven solutions and a diverse portfolio of over 60 brands [5]. - The company focuses on innovation and consumer insights, aiming to redefine the future of the marine industry [5]. - Brunswick operates in 26 countries with approximately 14,000 employees and has received over 100 awards in 2025 [5].
Brunswick Shines at Düsseldorf Boat Show with Award-Winning New Products, Strong Sales, and Market Leadership
Globenewswire· 2026-01-27 11:35
Core Insights - Brunswick Corporation showcased its leadership in the marine industry at the 2026 Düsseldorf Boat Show, achieving strong retail boat sales and receiving two prestigious awards [1][2] Company Performance - Brunswick's Mercury Marine accounted for over 50% of all outboard engines displayed at the show, nearly three times the number of its closest competitor, with a market share of over 70% for outboard engines of 300hp and above [4] - The company reported a 15% revenue increase from its premium fiberglass brands Boston Whaler, Sea Ray, and Navan compared to the 2025 Show, with Sea Ray winning the European Power Boat of the Year Award for the SDX 270 Surf and Navan receiving the MotorBoat Award for the S30 [4] Strategic Partnerships - Mercury Marine announced two exclusive five-year supply agreements with deAntonio Yachts and Technohull, and has initiated or renewed partnerships with over ten top European boat builders in the past year, indicating a strong long-term commercial position [4] Product Innovations - Brunswick introduced new products at the show, including the successful launch of the new T30 model by Navan, contributing to its sales momentum [4] - Navico Group expanded its European presence by launching B&G Nemesis and Active Target 2XL, securing new distribution partners and renewing key partnerships with top distributors and boat builders [4]