Yachting News

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--West Marine, Inc. (together with its subsidiaries and affiliates, “West Marine” or the “Company”), the nation's leading omnichannel provider of marine aftermarket products, announced that it has successfully emerged from Chapter 11, marking the completion of its comprehensive financial restructuring and positioning West Marine to better serve its customers across every channel. The Company exits Chapter 11 with increased flexibility to continue investing...

OLDSMAR, Fla. & DALLAS--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), a marina operator, superyacht services company and boat and yacht retailer, and Safe Harbor Marinas (“Safe Harbor”), a marina and superyacht service business, today announced that they have entered into a definitive agreement, under which Safe Harbor will acquire all issued and outstanding shares of common stock of MarineMax for $53.00 per share in cash. The all-cash transaction represents an en...

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...

LOS ANGELES--(BUSINESS WIRE)--Callandor today announced an expanded slate for its cutting-edge AI Intellectual Property platform, signing elite athletes who are adopting its infrastructure not only to protect their digital identities, but to turn them into new commercial businesses.Global football champion Jorginho and Chris Poole, the world’s No. 1-ranked match-racing skipper, are using Callandor to register and control their “Digital DNA” identity, likeness, voice, biometric and performance da...

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...

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...

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...

BOZEMAN, Mont.--(BUSINESS WIRE)--Revelyst appointed Dave Mellon as President of Simms Fishing Products and Revelyst Outdoor Performance, the company’s Bozeman-based platform....