Tag Archives: Financials

OneWater reports revenue increase for Q3 2023


OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2023. Revenue for fiscal third quarter 2023 was $594.3 million, an increase of 4.5% compared to $568.9 million in fiscal third quarter 2022, which the company said was attributable to strong pre-owned boat sales and service, parts and other sales from acquired businesses. During fiscal third quarter ...

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Limestone Boat Co. announces quarterly, 15-month results

The Limestone Boat Company Limited reported its financial results for the 15 months ended March 31, 2023. Limestone reported that it generated revenues of $0.1M and $12.2M, respectively, for the three and 15 months ended March 31, 2023. Subsequent to the suspension of manufacturing operations in October 2022, the voluntary bankruptcy of Ebbtide in January 2023 and the ongoing restructuring ...

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Brunswick Corp. reports strong Q2

Brunswick Corporation today reported results for the second quarter of 2023. “Our businesses executed a strong second quarter, benefiting from market share gains, well-received new products, solid operational performance and diligent cost control,” Brunswick CEO David Foulkes said. “The new boat market remains challenging, and year-to-date new boat sales remain below 2022, but there has been relative improvement in recent ...

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MarineMax posts record Q3 revenue

MarineMax, Inc. announced results for its fiscal third quarter ended June 30, 2023. Revenue in the fiscal 2023 third quarter increased to a record $721.8 million from $688.5 million in the comparable period last year. The 4.8% top-line growth was driven primarily by the acquisition of IGY Marinas, which the company acquired in October 2022, increased manufacturing revenue and stronger ...

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Vision Marine reports Q3 loss

Vision Marine Technologies Inc. – a Canadian-based manufacturer of electric boats and propulsion solutions – recently reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported sales was CAD 1.3 million compared to CAD 2.01 million a year ago. Net loss was CAD 3.1 million compared to CAD 1.94 ...

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Winnebago reports marine revenue increase in Q3

Winnebago Industries, Inc., an outdoor lifestyle product manufacturer, reported financial results for the Company’s Fiscal 2023 third quarter. Revenues for the Fiscal 2023 third quarter ended May 27, 2023, were $900.8 million, a decrease of 38.2% compared to $1.5 billion for the Fiscal 2022 period, driven by lower unit sales related to RV retail market conditions and higher discounts and allowances ...

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BRP reports 34% increase for Q1


BRP Inc. recently reported its financial results for the three-month period ended April 30, 2023. “Fiscal 2024 is off to a good start for BRP. We delivered a solid first-quarter performance with record revenue for that period and a 43% increase in Normalized EPS – diluted. Once again, we outpaced the North American Powersports industry thanks to sustained consumer demand ...

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RINA reports 21% revenue increase for 2022

The shareholders’ meeting of RINA, the multinational inspection, certification and engineering consultancy, approved the financial statement for the fiscal year ending 31 December 2022, showing net revenues of 664 million euros, up 21% compared to 2021. At the same time, net profits rose to 12.5 million euros, compared to 8.1 million euros in 2021. After accounting for the impact of ...

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Patrick Industries reports record year

Patrick Industries

Patrick Industries, Inc. recently reported financial results for the fourth quarter and full year ended December 31, 2022. Net sales in the fourth quarter of 2022 decreased $196 million, or 17%, to $952 million from $1.1 billion in the fourth quarter of 2021. Wholesale unit shipments declined 47% in the RV industry, which represents 43% of our revenue in the ...

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Malibu announces record Q2

Malibu Boats, Inc. announced its financial results for the second quarter ended December 31, 2022. “We once again delivered a fantastic quarter as our momentum continued with net sales increasing 28.4%, net income rising 17.5%, and Adjusted EBITDA growing 19.7% compared to the prior year. Our performance further solidifies our position as a trailblazer and innovator, while also demonstrating our ability ...

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