Tag Archives: Cobalt Boats

In early September, Kansas Senator Jerry Moran (R-KS)’s District Director, Pam Henderson, toured the Cobalt Boats facility in Neodesha, Kan. The tour was hosted by Cobalt Boat staff member, Alex Berry, who has been at the plant for over 30 years. Recreational boating in Kansas has a $2.3 billion annual economic impact while supporting 6,904 jobs across 105 businesses. Cobalt ...

Cobalt Boats continued its series of popular World Class Dealer Network annual celebrations with a special four-day event from September 18-21 at the Ocean Reef Club in Key Largo, Fla. Held annually to recognize dealer accomplishments, this year’s edition marked Cobalt’s 55 years in business, with founder Pack St. Clair and his son, former Cobalt President Paxson St. Clair, driving ...

Malibu Boats, Inc. recently announced its financial results for the third quarter ended March 31, 2022. “Our record-setting pace continues with yet another outstanding quarter with net sales growing 26%, net income rising 56.1% and Adjusted EBITDA increasing 39.9% compared to the prior year. Led by our operational excellence, we were able to ship more units than anticipated, in spite of ...

HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., focused on connected technologies and solutions for automotive, consumer, professional and enterprise markets, announced its marine group has been selected by boat manufacturer Cobalt Boats for a multi-year contract to fit all Cobalt boats supplied with their Platinum Series Audio Package with the new Harman Kardon Marine system. The newly ...

Malibu Boats, Inc. announced its financial results for the first quarter ended September 30, 2021. “We continued momentum into fiscal year 2022 with net sales increasing 40.1%, net income rising 26.7%, and Adjusted EBITDA growing 23.1% compared to the prior year period,” commented Jack Springer, chief executive officer of Malibu Boats, Inc. “While inflationary concerns and ongoing supply chain constraints are ...

Cobalt Boats sent a new boat for display at a special event held at the Kansas governor’s mansion as the State of Kansas hosted a dinner for members of the Industrial Asset Management Council (IAMC). The IAMC is a trade association offering professional development, knowledge sharing and networking opportunities to site location consultants, real estate executives and other development partners ...

Cobalt Boats resumed its series of popular dealer network annual celebrations this year with a three-day event at the Horseshoe Bay Resort in Horseshoe Bay, TX. In addition to recognizing dealer accomplishments, the meeting also provided a showcase for attendees to test-drive boats and preview all three variants of Cobalt’s new 2022 R4 Series – Stern Drive, Surf and Outboard ...

Malibu Boats, Inc. (Nasdaq: MBUU) announced its financial results for the fourth quarter and fiscal year ended June 30, 2021. Highlights for Q4 include a net sales increase of 133.2% to $276.7 million, unit volume increase of 110.7% and a net income increase or 437.1% to $35 million. “Our premium brands, market leading innovation and operational excellence delivered another record-breaking year ...

Cobalt Boats recently announced the dealers who helped make the past year a successful one for the company, despite the worldwide pandemic and economic downturn. While many boating events, including Cobalt’s own dealer meeting, were canceled in 2020, boating has enjoyed continued popularity as a socially distanced recreational activity over the past year, and Cobalt’s dealers have continued to maintain ...

Cobalt Boats has announced the introduction of its all-new R8, a premium-sized member of its acclaimed ‘Ultimate Runabout’ R-Series of sterndrive boats. Incorporating sleek lines, agile handling, superb performance and deluxe appointments, at 27’ 10”, the new R8 is both longer and roomier than other boats in its class. The new R8 carries over the DNA of performance, style and ...