Solid Third Quarter Performance
Net sales for the quarter increased 6% to $976 million, with organic growth contributing more than 4%. Earnings per diluted share was $1.01.
Strong Balance Sheet
Total net liquidity of $779 million. The company's financial position enables flexibility and supports growth needs.
Marine Revenue Growth
Marine revenues increased 11% to $150 million. Marine content per wholesale powerboat unit increased 10% year-over-year.
Powersports Revenue Increase
Powersports revenue increased 12% to $98 million, showing growth across all Powersports businesses.
Acquisitions and Innovation
Continued investment in acquisitions such as LilliPad Marine and innovation efforts like AI-powered solutions and composite solutions.