Tag Archives: Financial Reports

Malibu reports record Q3

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 ...

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OneWater Marine releases second quarter report

OneWater Marine logo

OneWater Marine Inc. (NASDAQ: ONEW) has announced results for its fiscal second quarter ended March 31, 2022. "We had another exceptional quarter, delivering 34% revenue growth, expanding gross margins by 530 basis points and driving EPS up 39% year-over-year. In the fiscal second quarter, we also completed the acquisitions of JIF Marine and YakGear, accelerating our parts and services revenue ...

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Dometic releases first quarter report

Dometic reports strong sales growth of 55% in the first quarter of 2022, with a solid EBITA margin of 14.8%. FIRST QUARTER 2022 Net sales were SEK 7,518 m (4,858); an increase of 55%, of which 7% was organic growth.Operating profit (EBITA) before items affecting comparability was SEK 1,114 m (801), corresponding to a margin of 14.8% (16.5%).Items affecting comparability ...

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Garmin reports Q4, 2021 results

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Garmin Ltd. recently announced results for the fourth quarter and fiscal year ended December 25, 2021 “2021 was another remarkable year as demand for our products led to strong double digit annual revenuegrowth in each of our five segments,” said Cliff Pemble, president and CEO of Garmin. “We are entering 2022with a great lineup of recently introduced products and have ...

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OneWater reports Q1 results for 2022

OneWater Marine logo

OneWater Marine Inc. recently announced results for its fiscal first quarter ended December 31, 2021. "The OneWater team once again delivered an exceptional quarter in the face of ongoing supply chain challenges. Our same store sales increased 28%, compared to a tremendous quarter last year, highlighting the strength of our team and effective use of our advanced inventory management tools ...

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Marine Products Corp. posts strong increases for Q4

Marine Products Corporation

Marine Products Corporation -- manufacturer of fiberglass boats under the brand names of Chaparral and Robalo -- announced its unaudited results for the quarter and year ended December 31, 2021. For the quarter ended December 31, 2021, Marine Products generated net sales of $76,537,000, a 7.6% increase compared to $71,110,000 in the same period of the prior year. The increase in net sales was due ...

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OneWater reports record year in 2021 results

OneWater Marine logo

OneWater Marine Inc. announced results for its fiscal fourth quarter and year ended September 30, 2021.       “The OneWater team delivered record revenue and earnings in fiscal year 2021 despite a challenging supply chain environment that limited production at OEMs. In fact, customer demand has continued at historic levels with no signs of slowing, which we expect will support ...

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Brunswick reports strong increases for Q3

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Brunswick Corporation recently reported results for the third quarter of 2021. "We delivered our fifth consecutive quarterly record for adjusted operating earnings and adjusted EPS through robust operational performance, successful mitigation of supply chain challenges, and controlling costs and net inflation throughout the enterprise," said Brunswick Chief Executive Officer David Foulkes. "Despite challenging comparisons to last year, retail demand for ...

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Marine Products Corp. announces Q3 results

Marine Products Corporation announced its unaudited results for the quarter ended September 30, 2021. Marine Products is the manufacturer of fiberglass boats under the brand names of Chaparral and Robalo. Chaparral's sterndrive models include SSi and SSX, along with the Chaparral Surf Series. Chaparral's outboard offerings include OSX Luxury Sportboats, the 267 SSX OB, and SSi outboard models. Robalo builds an ...

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Garmin reports 7% revenue increase for Q3

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Garmin recently announced results for the third quarter ended September 25, 2021. Highlights for third quarter 2021 include:• Total revenue of $1.19 billion, a 7% increase over the prior year quarter;• Gross and operating margin were 58.4% and 23.7%, respectively;• Operating income of $283 million, an 11% decrease compared to the prior year quarter;• GAAP EPS was $1.34 and pro ...

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