Earnings and Analysts

Quarterly earnings statements from public companies and periodic reports from analysts reveal the health and direction of the industry.

Census report: Boat shows beat winter blues

About now, people in many parts of the country are tired of winter – and dreaming about their favorite warmer-weather outdoor activities, which includes boating. The U.S. Census Bureau reports that boating is a “major hobby,” with Americans owning nearly 17 million pleasure boats. “Buying and maintaining new and used boats, including docking and storage,…more

Johnson Outdoors reports year-end results

Johnson Outdoors today announced increased revenues and a swing to profitability in fiscal 2010. The Wisconsin-based company reported net income of $6.5 million, or 68 cents a diluted share, for the current fiscal year, compared with a net loss of $9.7 million, or $1.06 a diluted share, for the prior fiscal year. “We have transformed…more

Coast Distribution System reports 3Q results

The Coast Distribution System Inc. this week reported a decline in profits, despite a growth in sales, for the third quarter. Coast, one of North America’s largest aftermarket suppliers of replacement parts, accessories and supplies for the boating, RV and outdoor recreation industries, reported net income of $659,000, or 14 cents a diluted share, for…more

Coast Distribution System reports 2Q results

The Coast Distribution System today reported small increases in net income and net sales for the second quarter. Coast, one of North America’s largest aftermarket suppliers for the boating, RV and outdoor recreation industries, reported net income of $1.18 million, or 26 cents a diluted share, for the quarter that ended June 30, compared with…more

Actuant reports 3Q results

The diversified industrial company Actuant Corp. today reported a growth in sales and core revenue for the third quarter, which ended May 31. Consolidated sales for the third quarter were $335 million, 17 percent higher than the comparable prior-year quarter. Core sales increased 16 percent , while earnings and EPS from continuing operations in the…more

Analysis sees steady increase in boat demand

The latest analysis from the Cleveland-based market research firm Freedonia Group predicts an industry rebound from depressed 2009 boat sales with demand rising 9.3 percent annually to $10.1 billion in 2014. Gains will come from a combination of increased consumer spending and disposable income coupled with a recovery in financial markets and a loosening in…more

Brunswick to release 1Q results

Brunswick Corp. will release its first quarter 2010 financial results before the market opens on April 29. The company will hold a conference call at 10 a.m. (CDT) that same day. The call will be broadcast over the Internet at the company’s Web site. To listen to the call, go to the Web site at…more

Coast Distribution reports 4Q, year-end results

Coast Distribution System recently reported a net loss for the fourth quarter of 2009, but an overall profitable fiscal year. Coast – one of North America’s largest aftermarket suppliers of replacement parts, accessories and supplies for the vehicle, vessel and outdoor recreation industries – reported an increase in sales and a significantly reduced net loss…more

Report details N.C. industrial employment

Industrial employment in North Carolina fell 8.2 percent in the last 12 months, according to the 2010 North Carolina Manufacturers Register, an industrial directory published annually by Manufacturers’ News Inc. According to MNI, the transportation equipment sector saw the worst decline in employment, down 15 percent, following layoffs at three Daimler Trucks facilities and layoffs…more

Johnson Outdoors reports 1Q results

Johnson Outdoors reported a slight increase in net sales for the first quarter, which ended Jan. 1, 2010, though it had a loss from continuing operations for the period. The company announced net sales of $70.5 million for the quarter, up 1 percent compared to net sales of $69.8 million for the prior-year quarter. Loss…more

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