Tag Archives: Malibu

Malibu Boats introduced the newest model, the Wakesetter 25 LSV, for 2019. The 25 LSV is the 25-foot flagship of the LSV line. Being the biggest, it offers the most interior space, storage capacity, ballast, as well as the biggest wake and wave. With technology and comfort innovations like wireless phone charging, a redesigned helm seat, a starboard locker for ...

Malibu Boats, Inc. announced today that it has entered into a definitive agreement with S2 Yachts, Inc. (S2) to acquire the assets of Pursuit Boats for a total consideration of $100 million. The transaction is expected to close in the fourth calendar quarter of 2018, subject to customary closing conditions. Malibu will fund the transaction with cash on hand and ...

Malibu Boats introduced the Wakesetter 22 LSV, for 2019. The 22 LSV offers the most space for a boat its size. The 22-foot length allows for towing and garage storage with all the accolades the LSV family offers. It has seating for 14 in a traditional-bow design with easy access to the spacious front lounge area.   New advances in ...

As the Beach Boys predicted in 1963, everybody’s gone surfin’. But not at the beach – today’s surfers are mostly found playing behind boats. With affordable surf boats and high-end tow boats appealing to a wider range of buyers than ever, the watersports category has never been stronger. Brian Wilson and The Beach Boys must be feeling more than a ...

The National Association of Trailer Manufacturers (NATM), in conjunction with Statistic Surveys, has announced that Malibu is the “No. 1 trailer manufacturer in market share increase for boat trailers” in 2017. The award affirms Malibu’s position as the leading maker of boat trailers in America. Malibu representatives will accept the award at NATM’s Annual Convention in Fort Worth, Texas. Introduced in 2015, ...

Malibu Boats, Inc. financial results for the second quarter of fiscal 2018 released today included net sales and unit volume increases within a strong U.S. market. Net sales increased 69 percent to $114.4 million compared to the second quarter of fiscal 2017. Unit volume increased 61 percent to 1,489 boats compared to the second quarter of fiscal 2017. Malibu’s net ...

Malibu Boats, LLC CEO Jack Springer has been named the 2017 Boating Industry Mover & Shaker of the Year. Boating Industry Editor Tim Hennagir presented Springer with the award during the IBEX Industry Breakfast Tuesday morning in Tampa. “While other companies hesitated to launch a new brand during a recession, Malibu did so with Axis, its fourth-largest inboard boat brand, ...

The 7th annual Movers & Shakers Awards recognizes the top leaders in the boating industry and innovators that are willing to challenge the status quo. They are the people who make the moves that shake up and better their companies and the entire industry. From product entrepreneurs to advocacy champions to leaders in addressing the workforce crisis, these 10 individuals ...

“Same old, same old” can be a fine state of affairs, especially if you sell tow boats. For the past six years the tow boat category has been a consistent winner in an industry that is, in many ways, still finding its stride in this era of economic recovery.  According to new data from the National Marine Manufacturers Association, the ...

Malibu Boats, Inc. (NASDAQ: MBUU) announced its financial results for the third quarter of fiscal 2017 ended March 31, 2017. “We continue to experience strong growth and performance at Malibu. Our unit sales, revenue, gross profit, net income and Adjusted EBITDA are all company records for our fiscal third quarter,” said Jack Springer, chief executive officer of Malibu. “Our business ...