The first-ever cancellation of Alaska’s Bering Sea snow crab harvest due to population declines was a shock to the state’s fishing industry last fall, but in the decades to come, the ocean conditions that triggered the snow crab crash and harvest closure are expected to become common. This is according to according to several scientists […]
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Groupe Beneteau has released their 2022 financial results. The company closed out FY 2022 with revenues of 1,508 million euros, up 22.9% based on reported data (+19.4% at constant exchange rates). This performance factors in a favorable base effect for around 50 million euros linked to the 2021 cyberattack. This strong level of billing in […]
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Patrick Industries, Inc. recently reported financial results for the fourth quarter and full year ended December 31, 2022. Net sales in the fourth quarter of 2022 decreased $196 million, or 17%, to $952 million from $1.1 billion in the fourth quarter of 2021. Wholesale unit shipments declined 47% in the RV industry, which represents 43% […]
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Brunswick Corporation (NYSE: BC) today reported full-year and fourth quarter results for 2022: Full year results: Fourth quarter results: “Another strong performance in the fourth quarter capped an outstanding 2022 in which Brunswick delivered record sales, operating margins, and operating earnings, with our boat business’ full-year adjusted operating margin exceeding 10 percent for the first […]
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Marine Products Corporation (NYSE: MPX) has announced its unaudited results for the quarter and year ended December 31, 2022. Marine Products is a manufacturer of fiberglass boats under the brand names of Chaparral and Robalo. Chaparral’s sterndrive models include SSi and SSX, along with the Chaparral Surf Series. Chaparral’s outboard offerings include OSX Luxury Sportboats […]
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Johnson Outdoors Inc. (Nasdaq:JOUT) has announced slightly lower sales and decreased earnings for the fiscal year ending September 30, 2022. Fiscal 2022 sales fell 1 percent compared to the previous record-high fiscal year, while operating profit decreased 40% and net income fell 47% over the prior fiscal year. “While fiscal 2022 sales remained relatively flat compared […]
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