Newsroom | 378 results

ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), a leading supplier of engineered components to the recreation and transportation markets, today reported second quarter 2026 results. "We delivered solid second quarter results with expanded profitability despite continued soft outdoor recreation industry demand. Our 2026 performance has been driven first and foremost by our self-help initiatives. Through disciplined operational efficiencies and strategic cost reduction actions, we've...

OWOSSO, Mich.--(BUSINESS WIRE)--Crest and Balise Pontoons, MasterCraft Boat Holdings’ premier pontoon brands, today announced a partnership with Savvy Navvy, the leading all-in-one marine navigation app. Mirroring an automotive infotainment experience already familiar to consumers, Crest and Balise boaters now have access to Apple CarPlay and Android Auto featuring Savvy Navvy’s industry-leading, on-water navigation. During Crest Marine's annual dealer meeting today on Lake Lansing, dealers had...

MIDDLEBURY, Ind.--(BUSINESS WIRE)--Forest River Marine is introducing its new MY2027 Sport lineup across Berkshire, South Bay, and Trifecta....

OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced results for its fiscal 2026 third quarter ended June 30, 2026. Fiscal 2026 Third Quarter Summary Revenue of $611.3 million Gross margin increased 530 basis points to 35.7%, driven by improved boat margins and continued growth of the Company’s higher-margin businesses Gross profit inc...

OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, plans to release its third quarter fiscal 2026 financial results before the opening of the New York Stock Exchange on Thursday, July 23, 2026. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financ...

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Crownline Boats to Whisper Marine, LLC, a portfolio company of Whisper USA, LLC. The acquisition closed June 26, 2026. Headquartered in West Frankfort, Illinois, Crownline Boats is one of America's most established manufacturers of sport, deck, and cruiser boats, having delivered more than 90,000 boats to dealers and customers worldwide....

OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced a strategic partnership with NextBoat, Inc. (NYSE American: NXB), an AI-powered marine technology company. Through the partnership, MarineMax expects to broaden the distribution opportunities for its Newcoast Financial Services subsidiary by engaging with a larger network of boat buyers and transactions across the...

OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced that it has completed the refinancing of its $1.49 billion aggregate senior secured credit facilities. The new credit facilities (the “Credit Facilities”) consist of the following: $950 million floor plan line of credit (the “Floor Plan”), replacing a similar facility $302.5 million term loan (the “Term Loan”), re...

ELKHART, Ind.--(BUSINESS WIRE)--Patrick Industries (NASDAQ: PATK) (“Patrick”) and LCI Industries (NYSE: LCII) (“LCI” or “Lippert”) today announced they have entered into a definitive agreement to combine in an all-stock merger, forming a premier component solutions provider for the outdoor enthusiast, housing and transportation markets. Under the agreement, which the Boards of Directors of both companies unanimously approved, LCI shareholders will receive 1.2440 shares of Patrick common stock f...

OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, marina operator, and superyacht services company, announces an exclusive agreement with World Cat to introduce Ducari Yachts, a new line of luxury power catamarans, to the market. Ducari Yachts will be sold exclusively through MarineMax. The inaugural model, the Ducari 37XIV Sport, will initially be available at nine MarineMax locations in Florida. “Our strategy of crafting lon...