Net sales for the third quarter of fiscal 2026 were $235.7 million, up 3.1% from $228.7 million in the prior-year period. The company reported a net loss of $2.4 million for the quarter, compared to net income of $13.2 million in the same period last year. Gross profit decreased to $41.3 million from $45.7 million, with gross margin contracting 250 basis points to 17.5%. The company completed the acquisition of Saxdor Yachts Oy on March 2, 2026, for approximately $211.5 million. Unit volumes decreased 12.4% to 1,253 units, driven by lower retail activity and dealer inventory reduction efforts.