Trade Only Today returns Thursday
Trade Only Today will not publish Wednesday in observance of Independence Day. We wish everyone a safe and happy holiday. Look for editor-in-chief Bill Sisson's "A View From Here" blog in Friday's newsletter.
Volvo Penta Reports Q4, FY22 Results
Net sales of $470 million for the quarter were a 33% increase compared to the prior year period.
DEALERS: Are You Improving the Service Experience?
Our monthly Pulse Report survey asks this and other questions about your dealership. Take the survey here.
NMRA Sets Scholarship Deadline
Students pursuing education in the marine trades can apply for the National Marine Representatives Association awards until April 1.
Marine Products Reports Record Q4
The builder of Chaparral and Robalo boats reported net sales were up 42% for the quarter and 28% for fiscal year 2022.
Shurhold Appoints COO
Forrest Ferrari has years of management, business development, IT and quality-assurance experience.
RBFF, Pure Fishing Partner for a First Catch Center
Pure Fishing will equip a mobile trailer with tackle and gear to bring fishing experiences to areas of South Carolina where participation is low.
An Oft-Overlooked Sales Opportunity
A recent report from the Recreational Boating & Fishing Foundation showed that women comprise 37% of all anglers. If you haven’t tapped this segment, you’re missing out.
Too Many High-Priced Boats
To wrap up 2022, marine retailers reported lower demand, expressed more negative sentiment and voiced concerns about rising inventory. Boat prices and the economy remained top of mind for dealers in December.
New-Boat Registrations Continue to Slide
As the gaudy sales figures from the pandemic continue to return to more realistic numbers, the main segments of the recreational boating industry saw new-model registrations of 4,421 in November, a 30.3% drop from 6,340 during the same time in 2021. .