Regulator kicks off 30th anniversary model year with product upgrades

Regulator Marine, manufacturer of offshore sportfishing boats, announces upgrades to every model in the line as they enter the company’s 30th anniversary year. “Each model will have a suite of special-edition amenities that allow our customers to personalize their ride, but¹s that¹s only the beginning,” said Regulator Marine Co-founder and President Joan Maxwell. “The redesign …
Boating Industry

Mark Bretz named Montana Small Business Person of Year

Mark Bretz, owner of Missoula, Mont.-based, Bretz RV & Marine, has been selected by the U.S Small Business Administration as the 2017 Montana State Small Business Person of the Year. According to a press release, the award is given to individuals who “demonstrate hard work, innovative ideas and dedication to their employees and community and …
Boating Industry

Malibu wins Innovation of the Year at 2017 WSIA Summit Leadership Awards

Malibu Boats (NASDAQ: MBUU) was recognized with the Innovation of the Year award at the 2017 WSIA Summit Leadership Awards last week for the Malibu Command Wheel. Malibu’s Command Wheel offers more control choices for the driver. Malibu partnered with ISOTTA to create the product. The wheel rotates around the controls, including stereo, speed, Power Wedge II, …
Boating Industry

West Marine reports 44 percent net income increase in Fiscal Year 2016

West Marine, Inc. (NASDAQ:WMAR) reported financial results for the fourth quarter and fiscal year ended Dec. 31, 2016 (“fiscal 2016”). Net income and earnings per diluted share were $ 6.5 million and $ 0.26, respectively, compared to net income and earnings per diluted share of $ 4.5 million and $ 0.18, respectively, last year, representing a 44.6 percent increase in net income. Net revenues for fiscal 2016 were $ 703.4 …
Boating Industry

Cabela’s to release Q4 and full year fiscal 2016 results Feb. 16

Cabela’s Incorporated (NYSE:CAB) announced it is scheduled to release fourth quarter and full year 2016 financial results before the market opens on Thursday, Feb. 16. Cabela’s will not host a conference call with analysts and investors or provide guidance in connection with the results and does not plan to do so for future quarters while …
Boating Industry

Correct Craft increases revenue 47 percent, best year in company history

On Tuesday, Correct Craft announced that the 2016 model year was the best year in the company’s ninety-one year history. Correct Craft’s growth strategy, which is a combination of internal optimization and targeted acquisitions, resulted in significant growth for the model year ended June 30, 2016 as revenues increased 47 percent and net income increased …
Boating Industry

Sales up for MasterCraft in Q4, fiscal year 2016

On Thursday, MasterCraft (NASDAQ:MCFT) announced financial results for its fiscal 2016 fourth quarter and full year ended June 30, 2016. Fiscal Q4 highlights: Gross margin rose to 26.3 percent for the fourth quarter, a 300 basis point improvement over the prior-year fourth quarter Fiscal 2016 fourth quarter net income totaled $ 4.8 million, up from $ 2.5 million in …
Boating Industry

Seminole Marine Group chosen as 2015 Boat Builder of the Year

The United Marine Manufacturers Association named Seminole Marine Group as the 2015 “Boat Builder of the Year” at its annual conference in St. Louis, Missouri. Seminole Marine Group, based in Cairo Georgia, is the maker of the Sailfish line of offshore fishing boats and the SouthWind line of deck boats. The award was presented to […]
Boating Industry

Don MacKenzie named Jeanne Czel Person of the Year

ESSEX, Conn. – The Connecticut Marine Trades Association (CMTA) announced that Don MacKenzie of Boats Incorporated was named the 2015 Jeanne Czel Person of the Year at the association’s annual Jingle & Mingle celebration on Thursday, December 17. The award, which celebrates the life of Jeanne Czel, formerly of Ritt’s Marine Center, is CMTA’s highest […]
Boating Industry

Boating magazine names Boston Whaler 420 Outrage Boat of the Year

The Boston Whaler 420 Outrage has been chosen by the editors of Boating magazine as the 2015 Boat of the Year. “We are incredibly honored to be chosen for Boat of the Year,” said Boston Whaler President Huw Bower. “Boating magazine is respected throughout the industry as a trusted source of boating information, and Boat […]
Boating Industry