Quick Hits: July 17, 2020

MarineMax promotes retail operations president; Lippert posts Q2 results; and Covid-19 shuts Florida's Emergency Operations Center.
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MarineMax has promoted Kyle Langbehn to president of retail operations for the company. “Kyle’s journey with MarineMax started over 20 years ago in sales at the Clearwater store,” said MarineMax CEO Brett McGill in a statement. “Due to his commitment and incredible results, Kyle worked his way up through various management positions, … most recently as vice president of retail operations. Kyle has exceeded performance standards in every position and is always looking for ways to improve and help develop his teams.” Langbehn will now have full responsibility for all MarineMax retail store operations and departmental support roles, including service and parts, finance and insurance and marina operations.

Lippert Components parent company LCI Components announced preliminary second quarter sales, saying that demand in the RV sector had been strong as people look to safe ways to socially distance. For the time period, LCI expects net sales in a range of $515 million to $530 million. Street Insider reported that consensus sees Q2 revenue of $385.4 million. “While only time will tell the ultimate trajectory of the Covid-19 pandemic, I am confident that our industry will be even better positioned in a post-Covid world due to a more favorable environment for outdoor recreational products,” said LCI president and CEO Jason Lippert in a statement.

The state of Florida has closed its Tallahassee-based emergency operations center, the control center for disaster-related information and pandemic response, until at least Monday, after a dozen people working there tested positive for Covid-19, according to the Washington Post. “Those individuals have been isolated while we continue to test,” said the state’s Division of Emergency Management in a tweet, who did not specify how many people had been infected.


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