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Tige claims market share gain in 1Q - Trade Only Today

Tige claims market share gain in 1Q

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Tigé Boats captured 8.3 percent of the 2010 first-quarter U.S. retail sales of 20- to 24-foot ski boat market share, based on a recent report from Statistical Surveys, the company said.

The specific number of units sold was not released.

The report reflects new titled and/or registered ski boats that sold retail in the U.S. from January to March.

"Tigé attributes this growth to its aggressive, innovative approach to design, engineering and product development," the company said in a statement. "This market share gain is proof that innovation is the key to growth in challenging economies."

The company is based in Abilene, Texas.

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