Analyst sees slow boat-sales growth in September
U.S. powerboat sales are expected to be flat to up as much as 2 percent in September.
wells fargo
Analyst expects boost in August boat sales
Marine lenders say August powerboat sales offset weak July sales with strong dollar growth and unit growth.
Analyst: Ski and wakeboat sales outpace market
Wells Fargo said today that boat sales in the ski and wake segment are outperforming the broader powerboat industry.
Boat sales drop in July
Recreational boating weathered a rough July as sales fell across most major industry categories.
Analyst forecasts flat boat sales in July
Powerboat sales were likely “flattish” year over year in July, a Wells Fargo marine industry analyst says.
Wells Fargo finalizes purchase of GE Capital assets
Wells Fargo completed the purchase of the Australian and New Zealand segments of GE Capital’s Commercial Distribution Finance business.
Analyst ups June boat sales projections
Retail sales in the main powerboat segments likely increased between 6 and 8 percent in June.
Analyst sees increased boat sales in second quarter
Sales comparisons become more favorable in the second quarter, which is the peak of the selling cycle, he said.
Analyst: Recent growth bodes well for selling season
Resilient U.S. consumers, favorable spring weather and strong March boat sales trends point to a very solid marine industry in its peak selling season.
Wells Fargo set to buy GE lending arm
General Electric is selling its commercial leasing and lending businesses to Wells Fargo.
Analyst expects strong 2Q boat sales
Marine wholesale and retail lending trends are strong with the selling season starting earlier than in the previous two years.