Archived Releases

Forward-Looking Statement:
This website contains statements that constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995, including all statements that look forward in time or express management's beliefs, expectations or hopes. In particular, such statements include, without limitation: our belief that international sales will continue to be weak in 2019; statements regarding our maintenance of conservative standards of liquidity and credit quality in our marketable securities portfolio; our belief that our effective tax rate in 2019 will be similar to our effective tax rate in 2018; our view that open market repurchases are an important part of our capital allocation strategy and an important tool to increase overall shareholder return; our belief that our cash and marketable securities balance continues to provide liquidity to support both our current operations as well as future growth opportunities; our receptiveness to considering acquisition candidates which manufacture products which complement our own offerings; our belief that interest in recreational boating as a safe, fun recreational activity continues to be strong in 2019; our belief that high consumer confidence, general economic strength and a favorable dealer and consumer financing environment will generate strong sales in 2019; our belief that we will be a leader in marketing and branding strategies that consistently present a luxury-oriented message and integrate those expectations into the boater's entire experience; our belief that the popularity of our Robalo outboard sportfishing boats will continue to grow and that boaters are increasingly gravitating towards larger models; and our belief that our implementation of an enhanced marketing effort will better serve to elevate the customer experience. The actual results of the Company could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties, including, without limitation, those identified under the title "Risk Factors" in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ending December 31, 2018. In addition, the payment of future dividends is subject to Board discretion and depends on many factors, including the Company's available cash flow and competing uses for cash. All of the foregoing risks and uncertainties are beyond the ability of the Company to control, and in many cases the Company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated in the forward-looking statements. The Company does not undertake to update these forward-looking statements.