Tag Archives: Maverick Boat Group

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 ...

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 ...

Malibu Boats, Inc. has closed the acquisition of Maverick Boat Group, Inc. The transaction was funded with cash on hand and borrowings under its credit facility. Maverick designs and manufactures center console, dual console, flats and bay boats and has a strong reputation as a pioneer in flats and bay boats. With two manufacturing facilities located in Fort Pierce, Florida, ...

On Friday, Contender Boats, Maverick Boat Group, and NMMA, sent a letter to the recreational marine community urging support for the Bahamian community ravaged by Hurricane Dorian.   Bahamian waters are some of the most idyllic in the world that boaters and anglers have been fortunate to enjoy. With Dorian’s destruction wreaking havoc on the lives of Bahamians, the letter encouraged ...

Yesterday, the U.S. Senate Committee on Commerce, Science, and Transportation held a hearing titled “Our Blue Economy: Successes and Opportunities” to examine the need for increased federal investments in ocean technologies and fisheries – a top advocacy priority of the recreational boating and fishing community. NMMA board member Scott Deal, President and CEO of Florida-based Maverick Boat Group testified at ...

Florida Gov. Rick Scott recently announced that Maverick Boat Group would be bringing approximately 100 new jobs to Florida as part of a new facility the company is building in Fort Pierce. “I am proud to announce that Maverick Boat Group will be opening a new manufacturing facility which will create 100 new jobs for families in St. Lucie County,” ...

Maverick Boat Group has teamed up with Yamaha, Power Pole and Ameratrail trailers to offer a new 2017 fully equipped Pathfinder 2200 TRS to be auctioned off, with 100 percent of the sales proceeds going to help those in the fishing community who have been significantly impacted by Hurricanes Harvey and Irma. The auction will take place online at www.mbg4relief.com ...

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 ...

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. Industry urges Florida to address water issues Leaders from the boating and tourism industries are seeking urgent action to address water quality in the state of Florida, the ...

Cobia Boats, built by Maverick Boat Group, will be introducing its newest model, the 280 Dual Console, at this year’s Miami International Boat Show. The new 280 DC is built off the hull of Cobia’s 277 CC, the top selling 28′ center console in the country . The debut of this boat marks the 15th new Cobia model introduced since ...