The Cobalt 30SC is the third new model in a series of outboard-powered bowriders. Cobalt said that it wanted to combine the luxury the company is known for with the quiet performance and efficiency of modern outboards.
Cobalt Boats introduced its first 23-foot outboard, the Model 23SC, to offer first-time buyers and occasional boaters seeking higher quality and reliability the same level of construction, performance and attention to detail offered in its larger boats.
The National Association of Trailer Manufacturers, in conjunction with Statistic Surveys, has announced that Malibu is the “No. 1 trailer manufacturer in market share increase for boat trailers” in 2017.
Malibu Boats Inc. saw net sales increase 69 percent in the second quarter to $114.4 million, and unit volume increased 61.1 percent to 1,489 boats.
Malibu Boats Inc. is matching funds raised by its employees to support the Loudon County, Tennessee, chapters of Toys For Tots and the Salvation Army’s Angel Program.
Malibu Boats Inc. saw net sales grow 66.9 percent, to $103.5 million, in its first quarter and unit volume increased 57.1 percent, to 1,309 boats — driven primarily by Malibu’s acquisition of Cobalt Boats in July.
Malibu Boats Inc. said it increased its fiscal fourth-quarter net sales by 12.6 percent, to $75.1 million, and unit volume increased 8.9 percent, to 1,004 boats, from the same period a year earlier.
Investment firm B. Riley has downgraded its “buy” rating on Malibu Boats stock to “neutral” following the company’s acquisition of Cobalt Boats and the equity follow-on offering completed earlier this month.
Malibu Boats is licensing its wakesurfing patent portfolio to Wake Worx LLC, a company that supplies Super Surf’R aftermarket surf tabs to boat manufacturers, primarily in the sterndrive market.
Malibu Boats said it has two new wakesurfing models for 2018 — the 24 MXZ and the 22 MXZ.
Malibu Boats Inc. has announced the pricing of the follow-on offering of 2 million shares of the company's Class A common stock at a price to the public of $25.25 a share.
Malibu Boats Inc. said that, subject to market and other conditions, the company intends to offer 2 million shares of its Class A common stock.
Malibu Boats introduced the new Wakesetter 23 LSV for 2018.
Malibu Boats launched new websites for the Malibu and Axis brands.
The World Wake Association Malibu Factory Smoky Mountain Pro will be held July 8 in Loudon, Tenn.
NASCAR driver Joey Logano will become a Malibu Boats brand ambassador, the first in the Lake Norman, N.C., area.
Malibu Boats said today that third-quarter sales rose 12.6 percent to $77.1 million.
Malibu Boats said it had net sales of $67.7 million in its second quarter.
Malibu Boats said it named Dealer Spike Marine as its exclusive partner in providing Malibu dealership websites.
Malibu has made multiple donations of these trykes to children in need during the last two years.
Malibu Boats recognized the achievements of its top-volume dealers in October at the company’s 2016 annual meeting in Miami.
Malibu Boats said it entered into an engine supply agreement with General Motors for the supply of engine blocks.
Malibu Boats introduced the new 2017 Response TXi, the second generation of the water-ski boat.
Malibu Boats said today that it licensed its wakesurfing patent portfolio to Tige Boats.