Powerboating News

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 that its Board of Directors has approved a new stock repurchase plan. Under the new plan, the Company is authorized to repurchase up to $100 million of its common stock beginning today through March 2028. This plan replaces the March 2024 Plan (the “2024 Plan”), which authorized Mari...

ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), a leading supplier of engineered components to the recreation and transportation markets, today announced its participation in two upcoming investor conferences. On March 2, 2026, President and CEO Jason Lippert and CFO Lillian Etzkorn will participate in the Raymond James 47th Annual Institutional Investors Conference, and on March 3, 2026, CFO Lillian Etzkorn will participate in the JPMorgan Leveraged Finance Conference. At both eve...

MIAMI--(BUSINESS WIRE)--Yamaha’s U.S. Marine Business Unit earned multiple top honors during the 2026 Miami International Boat Show®, reinforcing the company’s leadership in innovation, design and customer satisfaction across the marine industry. “These awards reflect the passion and precision our teams bring to every product we design and build,” said Ben Speciale, President, Yamaha U.S. Marine Business Unit. “From redefining entire categories with the CrossWave to delivering customer satisfac...

BOSTON & CHARLESTON, S.C.--(BUSINESS WIRE)--BlueWater Marinas (“BlueWater”) today announced the acquisition of Bayside Marine (“Bayside”), a premier full-service marina located in Duxbury, Massachusetts. Bayside represents the fifth marina acquired by Bain Capital and BlueWater as part of their joint venture. Family-owned and operated by the Kent family since 1949, Bayside Marine has become a cornerstone of the Duxbury boating community and is supported by decades of operational excellence in o...

KENNESAW, Ga.--(BUSINESS WIRE)--Yamaha announced today the launch of a new Yamaha Marine Systems Company, Inc. (YMSC) website promoting Yamaha’s manufacturing resources both within and beyond the scope of the marine industry. The site (https://ymsc-inc.com) details the specific strengths and core capabilities of Yamaha Marine Precision Propellers (known as “YPPI”) in Greenfield, Ind., Bennett Marine in Deerfield Beach, Fla., and Yamaha Marine Rotational Molders (YMRM, formerly Kracor) in Milwau...

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 confirmed that it has received an unsolicited, non-binding indication of interest from The Donerail Group (“Donerail”) to acquire all of the Company’s outstanding common shares for $35.00 per share in cash. MarineMax’s Board of Directors (the “Board”) remains focused on creating value for shar...

DALLAS--(BUSINESS WIRE)--EFG Companies continues its winning streak, bringing home a Gold and a Silver in the 20th Annual Stevie® Awards for Sales and Customer Service....

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 first quarter ended December 31, 2025. Fiscal 2026 First Quarter Summary Revenue of $505.2 million Same-store sales increased over 10% Gross profit margin of 31.8% Inventories at quarter end decreased $167.3 million from the prior year Reported net loss of...

DUBLIN--(BUSINESS WIRE)--The "Recreational Boat Market Research Report 2025-2030" report has been added to ResearchAndMarkets.com's offering. The Recreational Boat Market was valued at USD 37.40 billion in 2024, and is projected to reach USD 55.20 billion by 2030, rising at a CAGR of 6.70%. The global recreational boat market report consists of exclusive data on 33 vendors. The market is highly concentrated, with many local and international players in the market. The competition among these pl...

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 first quarter fiscal 2026 financial results before the opening of the New York Stock Exchange on Thursday, January 29, 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 Fin...