Revenue Growth Exceeds Expectations
Net sales increased approximately 13.5% year-over-year, surpassing expectations despite a soft retail backdrop. Unit volume also increased by 10.3%.
Positive Reception for New Models
New models such as the Malibu 21 LX, X-axis A200, and Cobalt R31 outboard received strong feedback from dealers and customers, reflecting successful product innovation.
Launch of MBI Acceptance Program
The new financing partnership, MBI Acceptance, was launched to support dealers and drive retail activity. Early feedback indicates strong dealer engagement and positive momentum.
Pursuit Wins National Boating Safety Award
Pursuit was honored with the National Boating Safety Award, highlighting its leadership in owner education and safety.
Strong Free Cash Flow Generation
Generated $2.5 million of free cash flow during Q1, despite Q1 typically being a challenging cash flow quarter.