MarineMax ties 2Q results to lag time of new Sea Rays

MarineMax saw reduced margins in the June quarter because the company “largely didn’t have the new models to sell,” according to CFO Mike McLamb. However, the company was able to realize one of its best unit growth quarters since before the recession with encouraging gains in sterndrive sales.

FLIR Systems reports 2Q results

FLIR Systems saw revenue decline 5 percent to $369.4 million and operating income drop to $59.4 million from $70.3 million in the second quarter.

Analyst sees promise in June sales numbers

New preliminary data released Friday by Statistical Surveys confirm a Wells Fargo analyst’s assessment that a sluggish early start to 2014 in boat sales is now showing signs of an uptick.

Brunswick sells its retail bowling business

Brunswick Corp. sold its retail bowling business, reaching an agreement Thursday with Bowlmor AMF for about $270 million of gross proceeds after Bowlmor made an unsolicited bid.

Sportfish fund included in House infrastructure bill

The House approved a short-term fix to the nearly depleted highway trust fund on Tuesday in a 367-55 vote and the measure will move to the Senate with barely two weeks before the Transportation Department could be forced to cut funding for highway projects around the country.

Analyst expects June data to show boat sales gains

Marine lenders say sales in June and early July were higher than expected, tracking upward between 7 and 9 percent and indicating pent-up demand in regions most affected by weather in the early part of 2014.

Inaugural Panama show reports strong attendance

Weekend crowds eager to see the latest boats, yachts and marine gear from leading manufacturers and local dealers surpassed goals set by show organizers and many exhibitors at the inaugural Panama International Boat Show, which took place June 20-22 at Flamenco Marina near downtown Panama City.

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