Garmin reports second quarter revenue

Garmin logo

Garmin Ltd. announced results for the second quarter ended June 27, 2020. Highlights for second quarter 2020 include: Total revenue of $870 million, a 9% year-over-year decrease, as strength in fitness and marine partially offset declines in outdoor, aviation, and automotive.Gross margin and operating margin were 59.3% and 21.7%, respectively.Expanded an exclusive relationship with Regulator Marine, adding Fusion® Entertainment as ...

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ABYC publishes updated Boat Building and Repair Standards

ABYC logo

The American Boat and Yacht Council (ABYC) published its 60th supplement of Standards and Technical Information Reports for Small Craft, which provides the marine industry with the latest in boat building and repair standards. “This year’s supplement contains a much anticipated technical information report on lithium ion batteries, which provides valuable and much needed guidance to the industry on this ...

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Avalon and Tahoe select Fusion Entertainment for marine audio packages

Fusion Marine Audio

Garmin International, Inc., a unit of Garmin Ltd., announced that Avalon and Tahoe Manufacturing selected Fusion Entertainment to exclusively supply marine entertainment audio packages for its entire line of pontoons starting with model year 2021. Avalon announced to dealers that it will fully integrate Fusion Entertainment stereos, speakers, and amplifiers as a standard fit in each level of its high-performance, ...

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Navico establishes new presence in key marine market

Navico opens new Florida office

Navico, parent company to the Lowrance, Simrad, B&G and C-MAP brands announced the opening of a new U.S. office in Fort Lauderdale, Florida. The new office allows Navico to enhance its presence in Florida and work more closely with resellers, dealers, boat builders, consumers and major shows. It will offer pre-sales guidance, post-sale support, extensive in-house recreational and commercial product technical training ...

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NauticStar names new president

NauticStar Boats names new president

MasterCraft Boat Holdings, Inc. has named Scott Womack as president of NauticStar Boats.  Womack, 51, has served in a variety of leadership positions with large automotive suppliers and brings 27 years of manufacturing and global operations experience. He joins NauticStar from Autoneum Holdings AG (“Autoneum”) where he oversaw five manufacturing sites as VP of U.S. Operations. Prior to joining Autoneum, ...

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Four new brands added to Emerald Coast Marine roster

Emerald Coast Marine Group

On the heels of its recently launched 10,000-square foot showroom at its Niceville, FL headquarters location comes news that Emerald Coast Marine Group is adding new brands to their boat sales line-up. Emerald Coast Marine Group has been appointed as the authorized dealership for Solace Boats by Stephen Dougherty, representing the entire northern gulf coast.   In addition, the dealership’s ...

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Boat trailer manufacturer suffers fire damage

Boat trailer manufacturer, HLT Limited, suffered major property damage due to an extensive fire at its manufacturing facility in Humboldt, Iowa. The fire started just before noon in the paint area of the building and quickly spread throughout the entire 100,000 square foot facility. Heavy smoke and heat buildup hindered the efforts of seven area fire departments who battled the ...

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Jeanneau America names top performing dealers

Jeanneau recently concluded a virtual International Dealer Meeting. Over 500 Jeanneau Dealer participants from across North America and other international locations participated. “We were proud to have such a fantastic group of dealer partners join us as we reflected on the achievements and challenges of the past year and took a look forward at the coming year,” said Nick Harvey, ...

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Simplifying Outdoor Access for Recreation Act moves to House

U.S. Capitol

The Simplifying Outdoor Access for Recreation (SOAR) Act has moved out of the House Natural Resources Committee by unanimous vote. The NMMA expects the SOAR Act to move to the House floor later this year, which will eliminate road blocks and improve access to outdoor recreation. Key components include: Modernizing and streamlining the outdoor recreation permitting process to remove barriers and ...

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Johnson Outdoors reports lower Third Quarter results

Johnson Outdoors logo

Outdoor recreation equipment and technology company, Johnson Outdoors, reported lower sales and net income during the Company’s 2020 third fiscal quarter ending June 26, 2020, compared to the prior year quarter. Year-to-date revenue and net income also declined. “As expected, the COVID-19 pandemic had a significant impact on the quarter. Strong momentum in Fishing, Watercraft Recreation and Camping in May and ...

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