Brunswick releases financial results

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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OneWater Marine releases Q1 fiscal results

OneWater Marine Inc. has announced results for its fiscal first quarter ended December 31, 2022. “Our first quarter results came in largely as we anticipated as the industry experienced a return to more normalized seasonality, with revenue growing high-single digits, on top of a 57% increase in the prior year. Notably, our high margin service, […]

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B.A.S.S. announces extended multiyear sponsorship deal with Garmin

BASS announces extended multiyear sponsorship deal with Garmin B.A.S.S. and Garmin, the world’s most innovative and recognized marine electronics manufacturer, have renewed their multiyear sponsorship of the Bassmaster Tournament Trail. “We are excited to continue our sponsorship of B.A.S.S. and further strengthen our long-standing relationship with this iconic fishing brand,” said Dave Dunn, Garmin senior […]

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Tiara EX 60 Sea Trial and Review

Part express cruiser, part motoryacht, the EX 60 doesn’t fit any one category precisely, which explains why Tiara adopted the Adventure Series moniker. Great Expectations A late-fall shakedown proves that Tiara’s flagship—the EX 60—has substance to go along with her style. Tiara EX 60 Photo: Alex Slikkers The October winds off Lake Michigan deliver a […]

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Mag Bay 43CC

Worth the wait. by Ken Kreisler After time well spent analyzing owner input and industry trends, and bringing Stephen Matthews of Ocean Designs LLC onboard, Mag Bay introduces its 43CC, the company’s largest center console to date. Photos Courtesy of Mag Bay “Reed Yacht Sales is very proud to represent Mag Bay Yachts here in […]

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Current Trends in the Electric Boats Market

Electric Boats image from httpsplugboatscom Innovative, emerging technology like electric boats may be unfamiliar to fishing boat shoppers, which could make them more reluctant to purchase. So how should your dealership approach selling a little-known product to shoppers? Boatline, an online marketplace for buying & selling watercraft, is sharing insights with Bass Angler Magazine from […]

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boot Dusseldorf reports successful return

With almost 237,000 visitors from over 100 countries and more than 1,500 exhibitors from 68 nations on 220,000 square meters in 16 exhibition halls, boot Düsseldorf made an impressive comeback. After the pandemic-related forced three-year break, the entire international water sports industry met in Düsseldorf, Germany from January 21 – 29. “Despite the difficult general […]

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Marine Marketers Association to host Neptune Awards at MIBS 2023

Marine Marketers of America (MMA), the voice for marketing professionals in the recreational marine industry, will host a celebration of its 2022 Neptune Awards during a cocktail reception at this year’s Discover Miami International Boat Show (MIBS). The award program, now in its 15th year, honors creative marketing concepts, campaigns and initiatives from across all sectors […]

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NMMA reports strong crowds for 2023 Minneapolis Boat Show

The sold out 2023 Discover Boating Minneapolis Boat Show, in partnership with Progressive Insurance, ended recently, attracting nearly 24,000 attendees. Continuing the trend, the NMMA is hearing from exhibitors of sales and new leads generated at the nation’s largest collection of freshwater boats in the country. “Minnesota Inboard was encouraged by the Discover Boating Minneapolis Boat […]

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Dockmate appoints new national sales manager

Dockmate announced it has hired Bill Karmis as national sales manager to better service its customers throughout the United States. In his new role, Karmis is tasked with directing the Dockmate team of inside and outside sales representatives across the United States, as well as growing and supporting Dockmate’s dealer network. With a diverse background […]

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Phenom Yachts brings new brand to boating landscape

Combining the attributes of family, fishing, luxury and performance into one center console is no easy feat, but Phenom Yachts has arrived on the scene to prove that it can be done. The new high-end center console yacht manufacturer officially made its debut at last year’s Fort Lauderdale International Boat Show (FLIBS) and will be […]

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Marine Products releases Q4 and 2022 fiscal results

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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MarineMax reports 2023 Q1 fiscal results

MarineMax, Inc. (NYSE: HZO) has announced results for its first quarter ended December 31, 2022. Revenue increased 7% to $507.9 million for the quarter ended December 31, 2022, from $472.7 million in the comparable period last year. The growth was primarily driven by contributions from strategic acquisitions, including IGY Marinas which closed in October 2022. […]

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Propspeed expands sales team

Propspeed announced that it has added two new regional sales staff to serve customers in the Mid-Atlantic and West Coast. Josh McGuire has taken on the role of New York and New England Regional Sales Manager, while Cole Barone has been hired to fill the West Coast Regional Sales Manager position. “I am excited to […]

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Shifting marketing strategies for the year ahead

By Wanda Kenton Smith While some industries took a beating during COVID, many in the outdoor power and marine space were clobbered by unprecedented product demand. While sales and profits spiked, retailers grappled with the challenge of inventory limitations, associated supply chain and manufacturing production slowdowns.    As we venture into 2023, the cycle has […]

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