Boat dealer same-store sales down 10.1 percent in December

Boat dealers closed out 2016 on a negative note, with same-store sales dropping in December. It was the first year-over-year drop in same-store sales for dealers since June 2016, down 10.1 percent from 2015. That’s according to the latest report from CDK Global Recreation, which is based on data from users of the company’s Lightspeed …
Boating Industry

Boat sales continue growth in November

Year-over-year growth in boat sales held steady in November, with the strongest growth in fishing and ski boats, according to the latest Info-Link Bellwether report. According to Info-Link, the Bellwether report tracks sales of powerboats across the country based on new U.S. boat registrations on a rolling 12-month basis. Bellwether states are geographically dispersed states …
Boating Industry

Same-store boat dealer sales jump in November

Same-store boat dealer sales were up for the fourth month in a row in November. Overall, sales were up 14.5 percent for the month compared to November 2015, with sales increasing across all categories. That’s according to the latest report from CDK Global Recreation, which is based on data from users of the company’s Lightspeed …
Boating Industry

SeaStar Solutions holds steering and hydraulics international sales meeting

SeaStar Solutions, a company specializing in mechanical and hydraulic steering and control systems, recently held their first-ever international sales meeting at their Hydraulic Division headquarters, just outside of Vancouver, B.C. The company said with the continued growth of the international boating business, this was an important step in enhancing SeaStar Solutions’ position in the global
marine …
Boating Industry

Bass Cat, Yar-Craft names new West Coast regional sales manager

Bass Cat and Yar-Craft boats has named Dave Davis as the new West Coast Regional Sales Manager for both brands. Davis comes to Bass Cat and Yar-Craft after founding and serving as CEO of a company specializing in aftermarket marine and automotive lighting and accessories. The married father of three is a long time bass …
Boating Industry

Smoker Craft mourns John Babbitt, international sales manager

John Babbitt, Smoker Craft’s international sales manager, passed away last week. The company submitted the following obituary to Boating Industry. Smoker Craft Inc. is saddened to announce the passing of its much-beloved international sales manager, John Babbitt. John, 69, passed away at his home in Indianapolis late last week. A graduate of the University of …
Boating Industry

Sales up for MasterCraft in Q4, fiscal year 2016

On Thursday, MasterCraft (NASDAQ:MCFT) announced financial results for its fiscal 2016 fourth quarter and full year ended June 30, 2016. Fiscal Q4 highlights: Gross margin rose to 26.3 percent for the fourth quarter, a 300 basis point improvement over the prior-year fourth quarter Fiscal 2016 fourth quarter net income totaled $ 4.8 million, up from $ 2.5 million in …
Boating Industry