Johnson Outdoors today reported double-digit growth in operating profits and earnings in its third quarter and for the fiscal year to date. Net sales increased slightly, from $128.6 million to $129.8 million, in the quarter that ended June 28 and they were 3.5 percent above the prior year-to-date revenue, the Wisconsin-based outdoor recreation equipment company…more
Boat dealers make news when, for example, they add new lines of boats, relocate, get new owners or acquire other dealerships.
Our weekly roundup of dealers and distributors includes news from Danish Yachts, Vanquish Boats and Monterey Boats. Skagen, Denmark-based Danish Yachts is expanding into North and South America with Bradford Marine. Danish Yachts A/S CEO Patrik von Sydow and Paul Engle, president of the Bradford Marine companies, with shipyards in Fort Lauderdale and Freeport in…more
Denison Yacht Sales opened a new Great Lakes office in Holland, Mich. The office is at Eldean Shipyard, a full-service shipyard on the South Shore of Lake Macataw 85 nautical miles from Chicago. Denison is returning to its roots in Michigan. Lake Michigan, along with Lake Macataw, is an ideal location for boating families, and…more
Blackfin fishboats of the 1980s and 90s have carved out a niche in fishboat lore as one of the best offshore vessels of its size and type. And now there is an effort to start building some of those legendary boats once again.
After the announcement that the International BoatBuilders’ Exhibition & Conference will alternate between venues in Louisville, Ky., and Tampa, Fla., beginning in 2014, Soundings Trade Only caught up with show manager Anne Dunbar and Thom Dammrich, president of show co-producer National Marine Manufacturers Association, as well as some IBEX mainstays, to discuss the plan. “Our…more
Citing cold and rainy spring weather that limited recreational boating, West Marine reported declines in second-quarter sales and profits and lowered its full-year guidance. The California-based boating supplies and accessories retailer said net income for the quarter that ended June 29 was $22.3 million, or 91 cents a diluted share, compared with $22.6 million, or…more
This week’s roundup of dealers and distributors includes news from Dillon Marina and Yachting Experts. Dillon Marina in Dillon, Colo., recently joined the nearly 600 marinas and fuel docks nationwide offering ValvTect Marine Fuels. Dillon Marina is on the shores of Dillon Reservoir and is one of North America’s highest marinas and one of the…more
This week’s roundup of dealers and distributors includes news from Bad Elf and Malibu Boats. Bad Elf, a manufacturer of Apple-approved accessories that enable the iPod touch, iPhone and iPad to receive real-time GPS data on board via satellite, chose Coatney Sales to represent the company’s product line in Great Lakes and Midwestern states. Based…more
Most of us have heard the comment: “I didn’t leave my (fill in the blank). It left me.” Concerning the headline on the front page of the July 2013 edition of Soundings Trade Only (“A ‘scary’ graying of our core market”), I imagine one reason that many prospective and former boaters are not current boaters…more
Wisconsin-based CenterPointe Yacht Services LLC agreed to buy Great Lakes Yachts Services of Sturgeon Bay, Wis., which has been held by the same family for the last 52 years. Terms of the deal, which is slated to close later this summer, were not disclosed. Great Lakes Yacht Services, formerly the Palmer Johnson yard, specializes in…more