Net Sales Down in Marine Products’ First Quarter
April 25, 2025
The parent of Chaparral and Robalo reported a decrease of 15% year-over-year to $59 million.
The parent of Chaparral and Robalo reported a decrease of 15% year-over-year to $59 million.
The builder of Robalo and Chaparral boats reported a 42% decline in net sales, reflecting softer demand and dealer ordering patterns.
Flags were flown at the Georgia State and U.S capitols in honor of the Chapparal Boats founder’s birthday.
Senior vice president Mike Fafard will now be in charge of manufacturing, in addition to engineering and design
The companies this week awarded 10 graduating seniors $100,000 in college scholarships
“Many issues facing the marine industry are decided in Washington D.C.,” says founder Buck Pegg.
Marine Products Corp. said its 22 percent drop in Q4 revenues came after it aligned production with dealer inventory levels.
Augmented reality could disrupt the market by offering immersive experiences to buyers in the comfort of their homes.
Sterndrive sales continue to drop, though outboard models have increased.
The record quarter is a mixed bag: Units sold down 7 percent, price per unit up 10 percent.
The parent of Chaparral and Robalo reported a decrease of 15% year-over-year to $59 million.
The builder of Robalo and Chaparral boats reported a 42% decline in net sales, reflecting softer demand and dealer ordering patterns.
Flags were flown at the Georgia State and U.S capitols in honor of the Chapparal Boats founder’s birthday.
Senior vice president Mike Fafard will now be in charge of manufacturing, in addition to engineering and design
The companies this week awarded 10 graduating seniors $100,000 in college scholarships
“Many issues facing the marine industry are decided in Washington D.C.,” says founder Buck Pegg.
Marine Products Corp. said its 22 percent drop in Q4 revenues came after it aligned production with dealer inventory levels.
Augmented reality could disrupt the market by offering immersive experiences to buyers in the comfort of their homes.
Sterndrive sales continue to drop, though outboard models have increased.
The record quarter is a mixed bag: Units sold down 7 percent, price per unit up 10 percent.
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