Malibu CEO Jack Springer has worked to resolve “divisive culture”
Springer gave an interview to CEO Magazine.
Malibu Boats
Malibu Boats sees big sales jump across its product lines
The parent of Malibu, Axis, Pursuit and Cobalt reported a 42.4 percent sales increase for its third quarter.
Malibu Boats Monsoon Engines awarded highest emission rating
Five-star certification is at least 50 percent lower emissions than the four-star rating.
DealersCircle signs Cobalt
Web-based marine industry provider now has 1,100 dealers and 23 boat brands.
Malibu to expand Pursuit plant
Company will add about 200,000 square feet to the Florida plant.
Cobalt to expand Kansas facilities
The company will invest $7 million in the expansion, with construction beginning early this year.
Malibu Boats completes acquisition of Pursuit Boats from S2
The saltwater fishing brand will allow Malibu to expand its outboard offerings.
IBEX 2018: Malibu introduces new engines
The towboat builder is manufacturing its own inboards.
HCB, MasterCraft and Malibu unveil new models
The 65-foot Estrella from HCB Center Console Yachts will debut at the Fort Lauderdale International Boat Show on Oct. 31.
Malibu Boats’ year-end financials send stock to record high
Malibu, Axis and Cobalt sold 6,292 boats for a 65 percent gain for its fiscal year
Malibu CEO: Pursuit now, pontoons next?
Jack Springer discusses the Pursuit acquisition and Malibu’s vision moving forward
Malibu to acquire Pursuit Boats
The towboat maker will buy the S2 brand for $100 million.
Malibu reports Q3 financial results
Malibu Boats reported an 82 percent increase in net sales, to $140.4 million, in the third quarter and a 69.4 percent uptick in unit volume, to 1,786 boats, versus the year prior.
Cobalt introduces 30-foot outboard-powered boat
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’s first 23-foot outboard model unveiled
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.
Malibu named top trailer builder
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 releases second quarter earnings
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 partners with employees in holiday toy drive
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 reports 1Q results
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 reports 4Q, year-end results
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.
B. Riley downgrades rating on Malibu Boats stock
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 signs licensing deal with Wake Worx
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.