Quick Hits: August 27, 2020

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Informa Markets said that the 43rd St. Petersburg Power and Sailboat Show will now be held in early 2021 — announcing that the new dates are Jan. 14-17. The show was initially scheduled for Dec. 3-6. “The decision to move the show dates to January is something we have been exploring with our loyal exhibitors over the years due to the busy holiday season and competing seasonal events in the area,” said Informa show and business development director Chris Fleming in a statement. “We are confident that holding the show in January will create a better experience for visitors, exhibitors, and provide a greater benefit to the local community.” 

Keith Ammons has been named vice president of sales and marketing at Regulator Marine. He has been with the North Carolina-based builder since 2014, most recently as sales and marketing director, and before that held various roles with the National Marine Manufacturers Association over a near seven-year period. “Keith is a dedicated leader who has worked closely with our executive team to ensure solid growth and excellent positioning for Regulator in today’s center console market,” said Regulator Marine president and co-founder Joan Maxwell in a statement. “His growth in this role represents a true commitment to our business and our mission. We could not be more thrilled to announce him as VP!” 

Bombardier Recreational Products second-quarter results reflected the boom in boating and outdoor recreation: The company's North American retail sales for powersports vehicles and outboard engines increased by 38 percent compared with the second quarter last year — driven by year-round products and personal watercraft. However, overall revenues from the marine segment decreased by 35.9 percent for the three-month period that ended July 31.The company says this was chiefly due to the wind-down of Evinrude outboard engine production — resulting in additional retail sales incentives and a lower volume of outboards sold. In May, the company announced it would discontinue Evinrude production. ”We are very pleased with our results, which are better than we initially anticipated, and with the exceptionally high demand for our products throughout the quarter,” said BRP president and CEO José Boisjoli in a statement. “We expect the momentum to continue, as we closely monitor the global situation.”


Freedom Boat Club Expands

Through November, it has grown to more than 245 locations serving more than 55,000 members.

BRP Announces FY21, Q3 Results

While the North American market saw solid gains in the powersports segment, pandemic-related shutdowns and the retirement of Evinrude had a big impact on revenue.

Quick Hits: November 25, 2020

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px Arial} span.s1 {font-kerning: none} Patrick hires a new CFO; CMC Marine joins NMMA; Dometic makes names new HR VP; and Stingray Boats earns a safety milestone.

Wholesale Shipments Drop in September

NMMA: Easing supply chain constraints should enable more manufacturers to build boats.

Dealers: What’s Your 2021 Retail Outlook?

The monthly Pulse Report asks marine retailers to weigh in on November market conditions.