Tag Archives: Financial Results

BRP reports strong Q1 FY2022 results

BRP Inc. (TSX:DOO; NASDAQ:DOOO) today reported its financial results for the three-month period ended April 30, 2021. All financial information is in Canadian dollars unless otherwise noted. The complete financial results are available on Sedar as well as on BRP’s website. “We had an exceptional start of the year, building on our momentum of growth from prior quarters.Our first quarter ...

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Yanmar announces FY2020 results

YANMAR

Yanmar Holdings Co., Ltd. has announced its financial results for the period ending March 31st, 2021. Consolidated results for the 2020 fiscal year saw a 1.7% fall in revenue to 782.3 billion JPY with ordinary income doubling on the previous year to 31.7 billion JPY. By implementing strict measures against the coronavirus pandemic at manufacturing sites, Yanmar said it was ...

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Limestone Boat Company announces Q1 results

The Limestone Boat Company Limited (“Limestone” or the “Company”) (TSXV: BOAT) a designer, marketer and manufacturer of heritage brand boats, reported its financial results for the fiscal quarter ended March 31, 2021 (“Q1 FY2021”). All dollar amounts are in Canadian dollars unless otherwise noted. The company reported a loss of $2,738,190 for the quarter compared to a loss of $182,780 in ...

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Lippert reports record Q1 results

Lippert logo

LCI Industries (NYSE: LCII) which, through its wholly-owned subsidiary, Lippert Components, Inc. ("Lippert"), supplies a broad array of highly engineered components for the leading original equipment manufacturers in the recreation and transportation product markets, and the related aftermarkets of those industries, recently reported first quarter 2021 results. “We achieved a record $1 billion in revenue during the first quarter 2021, ...

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Brunswick reports continued record results for Q1

Brunswick

Brunswick Corporation reported results for the first quarter of 2021. "Our businesses had a fantastic start to 2021, with a very healthy marine market, strong boating participation, and outstanding operating performance driving historic financial results," said Brunswick Chief Executive Officer David Foulkes. "Robust retail demand for our products continues to drive low field inventory levels, with increased production across all ...

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Garmin reports Q1 FY21 results

Garmin logo

Garmin Ltd. recently announced results for the first quarter ended March 27, 2021. Highlights for first quarter 2021 include: Total revenue of $1.07 billion, a 25% increase over the prior year quarter led by double-digit growth in the fitness, outdoor, marine and auto segmentsGross margin improved to 59.8% compared to 59.2% in the prior year quarterOperating margin improved to 23.3% ...

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Garmin reports record Q4, full-year results

Garmin logo

Garmin Ltd. recently announced results for the fourth quarter and fiscal year ended December 26, 2020. Revenue from the marine segment grew 48% in the fourth quarter across multiple categories led by chartplotters. Gross margin and operating margin were 56% and 24%, respectively, resulting in 92% operating income growth. The full report can be found here. On the marine side, ...

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MasterCraft reports best Q2 in company history

MasterCraft logo

MasterCraft Boat Holdings, Inc. recently announced financial results for its fiscal 2021 second quarter ended January 3, 2021. Fred Brightbill, chief executive officer and chairman, commented, “MasterCraft once again delivered financial and operational performance that exceeded expectations, highlighted by our second consecutive quarter of record profits. This performance was a direct result of our team members’ consistent execution on our ...

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Brunswick reports slight sales dip for Q2 2020

Brunswick logo

Brunswick Corporation (NYSE: BC) today reported results for the second quarter of 2020. For the second quarter of 2020, Brunswick reported consolidated net sales of $987.8 million, down from $1,163.5 million in 2019. Diluted EPS for the quarter was $0.89 on a GAAP basis and $0.99 on an as adjusted basis. The boat segment, which manufactures and distributes recreational boats, ...

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Marine Products Corp. plant shutdown leads to decreases in Q2

Marine Products Corporation — manufacturer of Chaparral, Robalo and Vortex boats — announced its unaudited results for the quarter ended June 30, 2020.  For the quarter ended June 30, 2020, Marine Products generated net sales of $40,818,000, a 54.0% decrease compared to record net sales of $88,696,000 in the same period of the prior year.  The decrease in net sales was due to a 57.9% ...

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