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Tag Archives: malibu boats

Malibu Boats, Inc. announces earnings release date and conference call information

Malibu Boats, Inc. (NASDAQ: MBUU) will release its financial results for the third quarter fiscal 2016 on Wednesday May 4, 2016 before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. Investors and analysts can participate on the conference call by dialing (855) 433-0928 or (484) 756-4263 and using Conference ID #96235400. ...

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Weekly 5: Miami mayor unveils plan for Miami Marine Stadium

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The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every Monday on BoatingIndustry.com. 1. Miami mayor unveils plan for Miami Marine Stadium If there was one thing that took away from the visual appeal of this year's Miami International Boat Show, it ...

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Good results for public boating companies to close out 2015

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The final quarter of 2015 proved to be a good one for the publicly traded companies in the industry, with Brunswick, MarineMax, Malibu, Marine Products and MasterCraft all showing growth. Several of the companies reported challenges in Canada and overseas, but that was offset by strong numbers for the U.S. market. Brunswick reports 7 percent sales increase for 2015 Brunswick ...

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Malibu Boats and Kiwanis Club partner to provide therapeutic bicycle

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Recently, Malibu Boats and the Kiwanis Clubof Tellico Village teamed up to provide an Amtryke bicycle to Ani Monday, daughter of Kelly and Bryan Monday. Ani has muscular dystrophy, a genetic disease that causes progressive weakness and degeneration of the skeletal muscles that control movement. Kiwanis, with the funding assistance of corporations like Malibu Boats, provides therapeutic tricycles (Amtrykes) to special needs children like Ani ...

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Malibu sales up 9.1 percent for quarter

Malibu Boats, Inc. Wednesday announced higher sales and profits for its second quarter of fiscal 2016 ended December 31, 2015. "Malibu completed another successful quarter, meeting or exceeding our internal financial and operating targets for the eighth straight quarter since our IPO," said CEO Jack Springer. "Despite the volatility in the macro environment, we have been steadfast with the execution ...

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Malibu announces release date for Q1 2016 results

Malibu Boats, Inc. will release its financial results for the first quarter fiscal 2016 on Tuesday, Nov. 3, 2015, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. Investors and analysts can participate on the conference call by dialing (855) 433-0928 ...

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Malibu sales up nearly 20 percent for year

Sales at Malibu Boats increased by 19.7 percent to $228.6 million for the fiscal year 2014, the company reported Wednesday. Unit volume also increased for the year, up 17 percent to 3,404 boats sold. Sales were also up for the quarter, with $60.7 million in net sales (up 13.7 percent) and 904 units (up 13.1 percent). "Fourth quarter results were ...

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Marine industry stocks hit lows as stock market drops

Publicly traded companies in the marine industry have certainly not been immune from the recent stock market struggles, with several recently hitting their 52-week lows. The market experienced a day of increased volatility on Monday. At one point, the Dow Jones Industrial Average was down almost 1,100 points, the biggest single-day drop on record. The Dow ended up closing down ...

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Malibu introduces Surf Band remote wave control

Malibu Boats has introduced a new, patented feature for its Integrated Surf Platform - the Surf Band. With the wrist-mounted Surf Band, the user can control all aspects of the wave with the Surf Gate and Power Wedge II hydrofoil, the company says: "Get inside the curl or hang back 20-plus feet. It's your wave; fine-tune it any way you ...

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Malibu files patent suit against MasterCraft

Malibu Boats has filed a lawsuit for patent infringement against MasterCraft Boat Company The complaint, filed in the United States District Court for the Eastern District of Tennessee, alleges that MasterCraft's Gen 2 Surf System and NXT Surf System violate Malibu's U.S. Patent No. 8,578,873. According to the complaint: Seeking to regain market share that Malibu has gained and defended ...

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