Brunswick Corp. CEO Dustan E. McCoy stressed that the company is poised to grow both organically and through acquisitions during a conference call discussing third-quarter earnings Thursday.
The latest court case over labeling E15 was thrown out Tuesday because the industries bringing the complaint, including the recreational boating industry, can’t show people have been harmed as a result of the misfueling regulation.
Brunswick Corp. today reported third-quarter net sales of $932.1 million, up from $824.4 million a year earlier, with increases in both the engine and boat segments — albeit with a $7 million operating loss in the boat segment — causing the company to raise its full-year earnings guidance to $2.30 to $2.35 a share.
Isolated cases of Ebola in the United States and slow growth in Europe have caused investor concern, but U.S. manufacturing has shown resilience despite the fears, with output increasing 3.7 percent in the last 12 months — doubling from its 1.5 percent rate in January.
Red snapper is back on the table.
Arctic Cat filed a patent-infringement lawsuit against Bombardier Recreational Products and BRP U.S. on Thursday, alleging that the makers of Sea-Doo personal watercraft infringed on Arctic Cat’s intellectual property regarding off-throttle steering.
The 43rd United States Powerboat Show, which has grown about 7.5 percent in space this year, starts today in Annapolis and runs through Sunday.
The 45th United States Sailboat Show wrapped up Monday in Annapolis, Md., with ticket sales up more than 5 percent from last year, more exhibit space than ever before and nearly two dozen new-model introductions.
Recreational fishing is a big business and its economic impact is equal to or greater than that of commercial fishing. Despite that message from industry advocates to lawmakers at an August meeting in Alaska on saltwater fishing regulations, some don’t think they’ll see change during this gridlock-stunted Congress.
The Fort Lauderdale International Boat Show is known for its ever-expanding offerings and show footprint and the 55th edition is no exception, with seven venues spread across the city of Fort Lauderdale from Oct. 30 to Nov. 3. The newest addition is Pier 66, which will enable the display of more yachts, including superyachts as…more