Quick Hits: June 24, 2020

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Chris-Craft Boats parent company Winnebago Industries saw revenue drop nearly 24 percent in their fiscal third quarter to $402.5 million, and a 40.5 percent decline excluding Newmar, an acquisition made by the company in the first quarter of the fiscal year. Results were impacted by “the unprecedented series of events related to the covid-19 pandemic,” the company said in a statement. Winnebago said its financial position remains strong.

The Marine Retailers Association of the Americas has added four new partner members: Atilus, Dealership Toolkit, Kenect and Medallion Bank. “We are thrilled to add four new members to our influential group of partnering businesses,” said business development director Allison Gruhn in a statement. “We believe our members and the unified community representing the MRAA provides us with the ability to deliver on our mission and to serve as the voice of the marine dealer.”

As phased re-openings and eased travel restrictions continue to occur throughout the world — and on a state-by-state basis in the U.S. — the International Council of Marine Industry Associations continues to revise its detailed, country-by-country guide on how the covid-19 pandemic is affecting marine businesses globally. The latest update can be seen here


Everglades Expands Executive Team

The Edgewater, Fla.-based manufacturer adds positions in finance, sales and marketing and operations.

Heed Caution While Refueling

Ethanol can be back in a big way, and insufficent labeling at the pumps could lead to problems for your marine powerplant. And the MRAA’s voices support for the 30 by 30 initaitive.

Training the Next Generation

Crest Pontoons will donate a complete boat and trailer to a local high school’s raffle to raise money for its vocational programs.

An “Above Average” Hurricane Season

BoatUS wants to help boaters get ready for the 2021 Atlantic hurricane season, which begins June 1.

Webasto Produces 8,000th Marine Roof

The German company designs and builds a number of glass roof solutions for boats.

A Strong Q2 for Johnson Outdoors

With jumps in nearly all its business segments, the recreation manufacturer saw net sales increase by 26 percent.

Thrust Issues

Is it time for the industry to standardize trolling motor ratings?