OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2021. “The OneWater team delivered strong third quarter results, expanding gross margin by more than 800 basis points and growing earnings per diluted share to $3.04, despite the lean inventory environment. Our sales associates have done an outstanding job meeting the heightened customer demand by effectively utilizing our ...
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Rollick and Kenect announce integration for dealers
Rollick Inc., a relationship marketing technology provider for the marine, powersports, and RV industries, announced a partnership with Kenect, a rapidly-growing provider of business texting and communications technology. Beginning in August, Kenect’s Text Lead and Text-to-Pay solutions will be integrated into RollickDR, the company’s new digital retailing solution, and will soon be integrated into the GoRollick Marketplace platform. “We’re always looking for ways to provide a more seamless ecommerce experience for our dealer ...
Read More »MarineMax reports record Q3
MarineMax, Inc. recently announced results for its third quarter ended June 30, 2021. Revenue grew 34%, or over $168 million, to $666.3 million for the quarter ended June 30, 2021 from $498.3 million in the comparable period last year. Same-store sales grew 6% on top of a 37% increase in the comparable quarter last year. MarineMax said overall revenue growth ...
Read More »OneWater Marine to acquire Naples Boat Mart
OneWater Marine Inc. has reached an agreement to acquire the assets of Naples Boat Mart, which will expand the company’s presence on the West Coast of Florida and enhance new and pre-owned boat sales, storage, service and repair, and finance and insurance offerings. The transaction is expected to close in the fourth quarter of 2021. A third-generation family owned and ...
Read More »Boating Industry accepting nominations for 2021 Movers & Shakers
Boating Industry is now accepting nominations for the 2021 Movers & Shakers. The Movers & Shakers program recognizes leaders who haven’t been afraid to take chances, to rethink the way they do business, to embrace the challenges facing the marine industry head on. Nominees can be from and company, group or organization that does business in the boating industry, as long ...
Read More »MarineMax acquires Nisswa Marine
MarineMax announced the acquisition of Nisswa Marine, a full-service dealer located in Nisswa, Minnesota. Founded in the 1930’s, Nisswa Marine is one of the oldest dealers in the country. Lead by Brent, Jeremy and Steve Wiczek, Nisswa Marine offers premium brands, including Mastercraft, Supra, Moomba, Chris Craft and Premier Pontoons. Providing storage for almost 1,000 boats annually, the business has built an ...
Read More »Vesper launches sales rep contest
Vesper Marine announced its new “King (or Queen) of Cortex” promotion. Cortex is a revolution in marine VHF radios with touchscreen handsets, integrated AIS transponder and remote vessel monitoring. Between June 1 and August 31, 2021, sales representatives from authorized Vesper Marine resellers can enter to win a cash prize of $2,500 USD and receive a demonstration kit or point of ...
Read More »Continuum Ventures, Colony Marine partner as investors in Walstrom Marine
Walstrom Marine announced that Continuum Ventures and Colony Marine are investing in the 75-year family run business as part of company’s long-term succession plan. Continuum Ventures, an investment management company for the Doug and Maria DeVos family, will assume a majority ownership stake in Walstrom Marine. Both Colony Marine, owned and operated by the Pete Beauregard family and the James ...
Read More »Boating Industry extends 2021 Top 100 application deadline
Boating Industry has announced a new extension of the deadline to submit applications for the 2021 Top 100 Dealers program. After speaking with a number of dealerships about the continued unprecedented demand for boating and no slow down in business surrounding the industry, the staff at Boating Industry felt that dealerships should have more time to complete and submit applications for this ...
Read More »MarineMax dedicates Habitat for Humanity home to local family
For the fourth year in a row, MarineMax partners with Habitat for Humanity to present a deserving family with the keys to their new home in Pinellas Park, Florida. "MarineMax is proud to partner for the fourth time with Habitat for Humanity," said MarineMax Director of Marketing, Abbey Heimensen. "Not only do we get the chance to change a family's life for the better, but ...
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