Monday, November 08, 2004

Travis Boats’ net income jumps 100 percent

Boating Industry
Tuesday August 17, 2004


AUSTIN, Texas – Boat retailer Travis Boats & Motors, Inc. experienced net sales of $47.2 million for the three months ended June 30 versus net sales of $53.1 million for the same quarter of the prior fiscal year, it reported in a press release today.

The company said its net income had increased by over 100 percent for the quarter to $1.2 million from $438,000 in the same quarter of the prior year. The increase in net income was primarily the result of the company generating higher gross profit margins on its boat sales compared to the prior fiscal year's quarter.
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