Boat maker Marine Products' Q2 profit falls 25%
Overview
Marine Products Q2 net sales down 3% yr/yr to $67.7 mln
Net income falls 25% yr/yr to $4.2 mln, diluted EPS at $0.12
Co maintains strong cash position with $50.2 mln and no debt
Outlook
Company expects full-year 2025 capital expenditures of $3 mln
Dealers and retail consumers remain cautious amid tariffs and macro risks
Result Drivers
DECREASED BOAT SALES - Net sales decline primarily due to 13% decrease in boats sold, offset by 10% price/mix increase
INVENTORY MANAGEMENT - Effective management of field inventory helped stabilize production levels and improve cost efficiencies
MACRO RISKS - Tariffs and macroeconomic risks continue to impact dealer and consumer behavior, per CEO Ben M. Palmer
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $67.70 mln |
|
Q2 EPS |
| $0.12 |
|
Q2 Net Income |
| $4.16 mln |
|
Q2 Gross Margin |
| 19.1% |
|
Analyst Coverage
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nPn8VbRz7a
Related Articles
Coca Cola (KO) Q4 Earnings Preview: Look for the Upside in the AI Initiatives, not in the Revenue and the EPS
Coca-Cola (KO) enters its fourth-quarter 2025 earnings call tomorrow with significant momentum. However, a fundamental shift is occurring.
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
