Tag Archives: Financials

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 ...

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 ...

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 ...

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 ...

MasterCraft Boat Holdings, Inc. recently announced its financial results for its fiscal 2021 fourth quarter and year ended June 30, 2021. Highlights for Q4 include a net sales increase of 204%, while the full year highlights include a net sales increase to $525.8 million, up 45%. “Our businesses executed extremely well against our strategic priorities during fiscal year 2021 in ...

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 ...

LCI Industries, 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 second quarter 2021 results. “We delivered another incredible quarter, growing sales in the triple-digits while driving impressive content and ...

Brunswick Corporation recently reported results for the second quarter of 2021. For the second quarter of 2021, Brunswick reported consolidated net sales of $1,554.8 million, up$567.0 million from the second quarter of 2020. Diluted EPS for the quarter was $2.29 on a GAAPbasis and $2.52 on an as adjusted basis. Sales in each segment benefited from strong globaldemand for marine ...

OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2021.        “The OneWater team delivered strong third quarter results, expanding gross margin by more than 800 basis points and growing earnings per diluted share to $3.04, despite the lean inventory environment. Our sales associates have done an outstanding job meeting the heightened customer demand by effectively utilizing our ...

Marine Products Corporation announced its unaudited results for the quarter ended June 30, 2021.  Marine Products is the manufacturer of fiberglass boats under the brand names of Chaparral and Robalo. For the quarter ended June 30, 2021, Marine Products generated net sales of $67,259,000, a 64.8% increase compared to $40,818,000 in the same period of the prior year.  The increase in net sales was due ...