Skip to main content

Correct Craft touts 2017 model year results

Correct Craft said the 2017 model year was the best year in its 92-year history.

Correct Craft said its strategy resulted in each of its companies experiencing above-market growth. Overall revenue growth for the 2017 model year was nearly 30 percent.

The company expects the growth to continue in model year 2018, with sales expected to be upwards of $450 million.

Every Correct Craft company not only experienced growth in both sales and profitability, but also undertook significant improvement initiatives.

“I am incredibly proud of our team and both the growth and continuous improvement we are seeing at Correct Craft and each of our companies,” Correct Craft CEO Bill Yeargin said in a statement.

“I am equally proud of the ‘Making Life Better’ culture we have built at Correct Craft and our companies,” Yeargin added. “Our team has fully embraced our culture of using our resources to not only build the world’s best boats and engines, but also to help people in our company, our communities and around the world. We have a very unique company and I am proud to be part of it.”

During the 2017 model year Correct Craft acquired Bryant Boats to round out its portfolio of boating manufacturers.

Additionally, employees from Correct Craft companies participated in numerous service projects in their local communities and internationally, including trips to the Dominican Republic and Haiti.



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.

1. 2023 new boat retail outlook

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.

Soundings Nov 2022

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. .