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75 dealers earn Five Star Certification

Seventy-five marine retailers from 26 states, two Canadian provinces and the District of Columbia have earned Five Star Certification status during the first half of 2016. Find the full list here. According to the Marine Industry Certified Dealership Program, it is the only standardized training curriculum dedicated exclusively to marine retailers. Boat dealerships enrolled in the program have access to a ...

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U.S. Congressman Rick Crawford visits Bass Cat/Yar-Craft

Earlier this week, Bass Cat/Yar-Craft employees had the honor of a special visit from U.S. Congressman Rick Crawford (R-AR) as a part of the STEM Education and Manufacturing Tour throughout the First District of Arkansas. Congressman Crawford’s tour, in partnership with the STEM (Science, Technology, Engineering, Mathematics) Education Coalition, is an effort to explore the various educational and career opportunities ...

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Sales drop slightly for West Marine in Q2

West Marine, Inc. on Thursday reported its financial results for the second quarter ended July 2, 2016. The company reported net revenues of $251.6 million in the quarter, a decrease of 0.6 percent compared to the same period last year. Comparable store sales increased 1.1 percent. Pre-tax income was $36.4 million compared to pre-tax income of $37.1 million last year ...

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Johnson Outdoors to release fiscal 2016 Q3 results August 8

Johnson Outdoors Inc. will release financial results for the fiscal 2016 third quarter on Monday, August 8, 2016, before market open that day. The Company will host a conference call and audio webcast shortly afterwards at 11 a.m. Eastern Time to discuss the financial results and provide a Company update. A live listen-only webcast of the conference call may be ...

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SureShade awarded citation from Philadelphia City Council at NMMA DNC event

SureShade was presented with an official citation from the office of Philadelphia City Council for recognition of SureShade’s hard work, dedication and distinguished service to the city of Philadelphia. Presented by Jonathan Todd, director of talent development with the City of Philadelphia Department of Commerce, the citation was awarded to SureShade co-founders Ron and Dana Russikoff, and read: “On behalf ...

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Garmin reports second quarter revenue and EPS growth

Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the second quarter ended June 25, 2016. Highlights for the second quarter 2016 include: Total revenue of $812 million, growing 5 percent over the prior year, with fitness, outdoor, marine and aviation collectively growing 20 percent over the year ago quarter and contributing 70 percent of total revenue; Gross margin ...

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Brunswick acquires Indoor Cycling Group

Brunswick Corporation (NYSE:BC) today announced it has signed an agreement to acquire Indoor Cycling Group (ICG), specializing in the design of indoor cycling equipment. ICG is based in Nuremburg, Germany. Terms of the transaction were not disclosed. ICG's 2015 revenues were approximately €37 million ($41 million), and the transaction is subject to usual and customary closing conditions as well as ...

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Gold Eagle Co. receives National Marine Distributors Association Supply Chain Standards Efficiency Award

Gold Eagle Co. ("Gold Eagle"), makers of fuel stabilizers and ethanol treatments, STA-BIL and a line of protectants and cleaners, 303 Products, announced today it has been named a recipient of the National Marine Distributors Association (NMDA) Award in the gold category for Supply Chain Standards Efficiency. The award is in recognition for the company's outstanding performance supplying products through NMDA distributors to independent marine ...

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Revenue up, income down for quarter at Cabela’s

Cabela’s Incorporated on Thursday reported financial results for the second quarter fiscal 2016. For the quarter, total revenue increased 11.2 percent to $929.9 million; revenue from retail store sales increased 13.3 percent to $644.9 million; Internet and catalog sales increased 3.3 percent to $141.3 million; and Financial Services revenue increased 8.1 percent to $135.1 million. During the period, adjusted for ...

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Sales up 9.4 percent at Chaparral, Robalo parent

Marine Products Corporation, which manufactures Chaparral and Robalo boats, announced its unaudited results for the quarter ended June 30, 2016. For the quarter, Marine Products generated net sales of $65,066,000, a 9.4 percent increase, compared to $59,498,000 in the same period of the prior year. The increase in net sales was due to a 10.9 percent increase in unit sales, ...

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