Boat Dealers
Boat dealers sell new or used boats, or both, in combination with other activities, such as repair services. They may also sell new or used boat engines, trailers, marine supplies, and parts and accessories. A single dealer may sell several brands of boats and boats of different sizes and types. ranging from personal watercraft to large yachts.
MarineMax Names Senior VP of People Strategy
The company said Beth Garland has the HR, management and leadership skills to increase business globally.
OneWater Announces Q2 Results
The retailer announced an increase in revenue of 34 percent to $442 million.
MarineMax Raises Full-Year Earnings Guidance
The company reported record revenue, higher same-store sales and wider margins for its second quarter.
West Marine to Sell RELiON Batteries
The retailer will carry RELiON lithium products in select stores and online.
MarineMax Partners With Boatzon
MarineMax CEO W. Brett McGill said the fully online marine marketplace “aligns well with our higher-margin business growth and diversification goals.”
MarineMax Acquires Superyacht Firm
Its Northrop and Johnson unit enters the yacht management sector with the acquisition of France-based SYM.
OneWater Announces Stock Buyback
The retailer plans to repurchase up to $50 million of Class A common stock and invest a portion toward mergers and acquisitions.
OneWater Announces Q1 Results
The retailer reported an increase in revenue of 57 percent to $336 million.
MarineMax Reports Record First Quarter
The company reported revenue growth of 15 percent to more than $472 million, with net income increasing 52 percent to $35.9 million.
West Marine Names CFO
Cheryl Miller had previously been chief financial officer at one of the country’s largest private companies.
Southern Marinas Makes Year-end Acquisitions
The company added two facilities in Tennessee and one on Florida’s east coast to its portfolio.
The Perfect Combination
MJM puts the “down” in Down East with a new factory in North Carolina.
OneWater Acquires Majority Stake in Quality Boats
The Florida-based dealership is expected to generate sales of $140 million in 2021.
Heimensen Named MarineMax Marketing VP
The yacht retailer announced it has promoted its longtime marketing director Abbey Heimensen.
A Record Year for OneWater
The retailer saw an all-time high in revenue for its 2021 fiscal year, with $1.23 billion in sales. It also reported Q4 results.
MarineMax Adds Saxdor Yachts
The yacht retailer aims to launch the Finnish brand stateside; Saxdor also announced plans to open a production facility in the U.S.
OneWater to Acquire Norfolk Marine
The agreed-upon acquisition will further expand OneWater’s presence in the Mid-Atlantic region.
MarineMax Acquires Texas MasterCraft
The Dallas-area MasterCraft dealer reported revenue of more than $45 million in 2020.
MarineMax Posts Another Strong Quarter
The company reported record fourth quarter and fiscal year results, with revenue hitting $2.06 billion for the year.
OneWater Acquires T-H Marine
OneWater Marine purchased the Huntsville, Ala.-based P&A provider for around $185 million.
Galati Expands Operations
The dealer established a West Coast presence with the transference of the Viking and Valhalla brands from Stan Miller Yachts.
MarineMax Acquires Intrepid
The retailer, which acquired Cruisers Yachts earlier this year, adds the Florida builder to its portfolio of businesses.
OneWater Adds PartsVu
The online marketplace for marine parts, accessories and electronics posted $25 million in sales over the last year.