Tag Archives: Cobalt Boats

Malibu reports record Q4, FY21 results

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 ...

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Cobalt recognizes 2020 top dealers

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 ...

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Cobalt introduces next generation R8 luxury runabout

Cobalt Boats new R8

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 ...

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Cobalt introduces R6 Outboard

With day boating becoming an even more popular way to get back to nature, Cobalt Boats has introduced the all-new R6 Outboard sport runabout. Cobalt says the R6 Outboard offers families an even more versatile, economical and comfortable way to spend time together and enjoy a full range of salt-water and lake activities, with all the convenience and capability afforded ...

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Cobalt hosts Kansas State Treasurer

In early March, Cobalt Boats was visited by Jake LaTurner, the Treasurer of the state of Kansas, who was reviewing the contributions of regional businesses to the economic performance of the state of Kansas and nation as a whole. During his factory tour, LaTurner said he was impressed by the dedication of Cobalt’s employees and their passion for the work ...

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Cobalt celebrates manufacturing safety milestone

Cobalt Boats has announced that in 2019 it achieved the distinction of compiling more than one million hours worked without a lost-time injury. Cobalt’s approximately 708 employees at its factory in Neodesha, Kansas, reached the million-hour milestone just before Christmas, providing further confirmation of the company’s commitment to workplace safety. This is a first in Cobalt’s long history. To mark ...

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Malibu announces record quarter for Q2

Malibu Boats logo

Malibu Boats, Inc. announced its financial results for the second quarter ended Dec. 31, 2019. Highlights for the second quarter of fiscal year 2020 included a net sales increase of 8.6% to $180.1 million compared to the second quarter of fiscal year 2019. Unit volume increased 2.5% to 1,804 boats compared to the same period last year. Net sales per unit increased 6% to ...

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Malibu releases Q4 FY19 results

Malibu Boats logo

"Fiscal year 2019 was another exceptional year for Malibu. We delivered record-breaking operational and financial performance supported by the strength of our brands, our commitment to operational excellence, and a best-in-class team laser-focused on superior execution," said Jack Springer, chief executive officer of Malibu Boats, Inc. "Pursuit and Cobalt, together with our Malibu and Axis brands, have created a well-rounded, ...

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Cobalt hosts factory tour for US congressman

Last week, Cobalt Boats hosted the Honorable Roger Marshall, U.S Congressman from Kansas, who visited the company to tour the factory and visit with company executives and associates. The Congressman arranged the tour after Cobalt was selected as a ‘Made In America’ business by President Donald Trump and invited to a White House reception in Washington, DC, in late July. ...

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Cobalt Boats hosts STEM students

Cobalt Boats recently hosted over 100 middle school girls (6th – 8th grade) from Independence, Kansas, all of whom participate in their schools' STEM (science, technology, engineering, and math) and Fab Lab programs. As part of the program experience, field trips allow the girls to see behind the scenes at area businesses and organizations who are using STEM in their ...

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