Malibu Boats
Malibu Reports Record Sales, Profit
The company said revenue and net income climbed, aided by increased selling prices and an unexpectedly high number of boats delivered.
Malibu Boats Posts Record Q2 Results
The company announced net sales of $263.9 million and record unit sales of 2,073 units.
Malibu Reports Record Q1
The company posted net sales of $254 million, a 40 percent increase.
Malibu Reports Record Q3
The company reported a 50 percent increase in net sales and a 47.2 rise in net income for the fiscal quarter.
Malibu’s Net Sales, Profit Increase in Q2
The company said its recent acquisition of Maverick Boat Group did not factor in its reporting.
Malibu Logs 5 Million Safe Hours
Employees worked more than four years without lost time at the builder’s Loudon, Tenn., plant.
Tommy’s Slalom Shop Adds Dealer
Boulder Boats has locations in Nevada, Arizona and California.
Malibu Acquires Maverick Boat Group
The $150 million purchase of the group’s four brands increases Malibu’s presence in the saltwater outboard segment.
Malibu Boats Beats Estimates in Q1
CEO Jack Springer: “A phenomenal start to fiscal year 2021.”
Malibu Reports Better Than Expected Q4
Rolling out new models earlier than usual helped boost the company’s bottom line.
Malibu Boats and Go Surf Assist Settle Patent Dispute
Go Surf Assist will pay royalties moving forward.
Malibu Reports its Third Quarter
Production suspensions erased solid results the company was having at the beginning of the quarter.
Public Company News
Marine Products Corp., the parent of Chaparral and Robalo, suspends manufacturing, and BMO Capital Markets moves Brunswick and Malibu stock ratings to “perform.”
Malibu Boats announces record Q2
Costs related to UAW strike hurt gross profits, but net sales increased across the board.
Malibu Boats hosts local officials
NMMA touts lawmaker visits as an important advocacy tool for boat manufacturers.
Pursuit breaks ground on new expansion
The new 182,000-sq. ft. facility will nearly double production space.
Malibu announces Q4, fiscal 2019 results
Price increases and operating efficiencies led to higher margins.
Congressman visits Cobalt Boats
Rep. Roger Marshall toured the company headquarters in Neodesha, Kansas.
Malibu passes 3 million-hour safety milestone
The company’s facility in Loudon, Tenn., has operated for more than three years without a lost-time incident.
Sanger Boats to license Malibu wakesurf patents
Malibu CEO Jack Springer said that by licensing its patents, the company continues to defend its surf technology from “unauthorized adopters.”
Wakesurfing the White House Lawn
Cobalt Boats’ president and founder meet President Trump for Made in America Product Showcase.