Sector Spotlight – Second Quarter Recreational Products Updates
Updated as of 8:00 AM CST on July 22, 2020
Earnings preannouncements
- BRP Inc.: BRP TO INCREASE MANUFACTURING CAPACITY IN MEXICO TO MEET SIDE-BY-SIDE VEHICLES DEMAND (7/2/2020)
- OneWater Marine: OneWater Marine Inc. Provides Business Update (6/3/2020)
- LCI Industries – LCI Industries Announces Preliminary Second Quarter 2020 Sales Results
Guidance – qualitative, quantitative, time frame, etc.
- BRP Inc.: BRP TO INCREASE MANUFACTURING CAPACITY IN MEXICO TO MEET SIDE-BY-SIDE VEHICLES DEMAND (7/2/2020)
COVID impacts
- Brunswick Corp.: RV Sales Surging as Buyers Look for New Ways to Travel (7/1/2020)
- MarineMax: Boat, RV dealers ride sales surge (7/1/2020)
- OneWater Marine: Re-payment of executive salaries (7/3/2020)
BLM impacts
- BRP Inc.: BRP Donates $150,000 to the National Society of Black Engineers
- Harley Davidson: Letter from the CEO
- Polaris Inc.: Scott Wine signs CEO Action Pledge for Diversity & Inclusion
- Thor Industries: CEO statement on current events and diversity & inclusion
Liquidity Announcements
- MasterCraft: MasterCraft Boat Holdings, Inc. Announces Partial Repayment of Revolving Credit Agreement (7/1/2020)
- OneWater Marine: OneWater Marine Inc. Announces a Successful Debt Refinancing (7/22/2020)
- Winnebago Industries: Winnebago Industries Announces Pricing of $300.0 Million Aggregate Principal Amount of Senior Secured Notes (6/30/2020)
Dividend Announcements
- Brunswick: Brunswick Corporation Declares Quarterly Dividend of $0.24 per share. (7/21/2020)
- Camping World Holdings: Camping World Holdings Announces 12.5% Increase in Quarterly Dividend (7/20/2020)
Additional Announcements
- BRP Inc.: BRP TO INCREASE MANUFACTURING CAPACITY IN MEXICO TO MEET SIDE-BY-SIDE VEHICLES DEMAND (7/2/2020)
- Brunswick Corp.:Schedules Second Quarter Earnings Conference Call July 30 (7/9/2020)
- Harley Davidson: HARLEY-DAVIDSON ANNOUNCES REWIRE PROGRESS, NEW OPERATING MODEL AND LEANER ORGANIZATION TO DRIVE FOCUS AND EFFICIENCY (7/9/2020)
- MarineMax: MarineMax Expands Financial Services Business (7/8/2020)
Monitored companies
- BRP Inc.
- Brunswick Corp.
- Camping World Holdings
- Harley Davidson
- LCI Industries
- Malibu Boats
- Marine Products Corp.
- MarineMax
- MasterCraft
- OneWater Marine
- Patrick Industries
- Polaris Inc.
- Textron Inc.
- Thor Industries
- Winnebago Industries