Tag Archives: malibu boats

By David Gee Up. That’s about the only direction the towboat segment has known for some time, give or take a few tough months. Bigger boats. Heavier boats. Boats with more ballast. Boats with more features. Higher price tags. And more sales. And 2020 continued that trend. For a short while anyway. Malibu Boats, for example, reported in February that ...

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 ...

Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2019. Highlights for the First Quarter of Fiscal Year 2020 Net sales increased 39.4% to $172.1 million compared to the first quarter of fiscal year 2019.Unit volume increased 13.9% to 1,727 boats compared to the first quarter of fiscal year 2019.Net sales per unit increased 22.3% to $99,641 ...

Malibu Boats has announced the release of its new flagship—the Malibu M240. Built for the family, the Malibu M240 accommodates passengers in a wraparound lounge with leather-like vinyl. The new 24-footer’s innovations start at the bow, with a new design for enhanced passenger comfort which includes a flip-up seat back that doubles as a wind block as well as additional ...

“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, ...

Malibu Boats has achieved over three million safe man hours worked at its Loudon, Tenn. facility. Three million man hours without a lost time incident meant the production facility had worked for more than three years without incident. “Safety of our people is our top metric and is listed as our first core value. This focus on safety is clearly ...

In a letter to all Cobalt employees, Paxson St. Clair officially announced this week that he would be stepping down from his role as President of Cobalt Boats and Board Member for Malibu Boats, Inc. to spend more time with family.  A statement from Malibu said St. Clair will remain highly engaged with the brand that he and his family ...

Ernst & Young LLP named Malibu Boats CEO Jack Springer regional winner for Entrepreneur Of The Year in the Southeast. The program recognizes entrepreneurs and leaders of high-growth companies who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world. Jack Springer was selected as the Southeast regional ...

ChannelPRO Mobile a pioneer in mobile training (mLearning) and sales enablement announced it has been selected by Malibu Boats, Inc. (MBUU) to launch Malibu University, a new education and coaching platform for its dealer network. “Malibu Boats is an incredible brand and a true leader in the category.  And they have gotten to that position because they are always pushing ...

A group of boating industry executives and their sponsored friends from eight states joined together for the fifth Boaterz n Bikerz of America: Hull of a Tour 5, “The Dragon’s Roar,” a weeklong epic adventure that celebrates the best of boating and motorcycling and the recreational outdoor lifestyle. Staged this year in the Smokey Mountains with base-camp at the Iron ...