America's largest recreational boat retailer, announced today in its fiscal 2008 financial results that the company lost $134.3 million on year-over-year revenues that fell by nearly 30 percent. Revenue for the company’s fiscal year ended Sept. 30, 2008, dropped 29.7 percent from $1.26 billion at year-end 2007 to $885.4 million at year-end 2008, and same-store sales during the period dropped about 28 percent, the company reported. Last year, the company reported a year-end net income of $20.1 million. The full article published by Boating industry.com is here
