all thank Fourth had our Thank year. prior were you I Mike, results we've quarter for you, issues for there. apologize joining to the compared and call. negative
early optimistic. seeing push through and later remains marine concerned shifting to continues are from corner characterized a industry best this lackluster cautiously year. cautious we period. growth perhaps the turning signs to cautious, a Sentiment toward However, as to The path stabilization but and of
dealers During industry and disrupting tightly our on as ability demand year, our our have possible picks up. business managing this when past production been support laser-focused to without we back costs levels as and jeopardizing
facing acute and XXXX. most inventory peers challenge us has the been Channel our in
managing to our we lower been partners We field by ended We than conservatively are inventory XX% year prior the to year. our have pleased about feel our inventory. share true field dealers that
for of position sequentially quarter, increase third seasonal our winter season. the shows did inventories and themselves boat pattern it's selling the spring as dealer the normal from end dealers the While
not But we especially are for the relative decline inventory we've versus pleased conditions. and With XX some months. to landed and optimism and journey, some an to respect line, models. older Bottom current of are inventory sell-through consumer we where general position, this last rates The business channel excesses reflects year over of administration, transition with been our dealer the to last has easy field presidential XX% our navigating interest and the by following improved encouraged election sentiment don't compete. categories a new we competitors where and
on After some direction of signals interest they but going mixed likely reductions, we favorable rates, the rate be neutral are there will to believe near-term forward.
purely expressing consumer sentiment dealers anecdotal, are hopeful a for demand. our So
the consumers by second general With closure boat half come from the far we interest. they are credible winter thus and expressing the buyers well back market. attended XXXX, election political the behind us Feedback renewed uncertainty to shows of that from hope some will is steadily into
urgency. few sense conveyed So a of buyers
the had buyers were upgrades first some already purchased also who We boat larger model. a considering to heard pandemic during their newer and/or
are are likely first consumers see, their these progresses. anecdotal encouraging area comments, for the hope entry-level we and we buyers interest an improved that will buyers the looking also heard year sign Cash be purchases. the boat feedback we but some well, for but precursor finance demand showed to as directional as of they Again, strength
run efficiencies coming shop business, results improve in they floor than when and XXXX some our worked especially also year. we streamlined operations our we increase. more and on our operations investments to production downtime, marked volumes profitably, that expect some this normal help Higher of
received tax to Georgia we completed panels some this In facility. from our at going forward electricity expect We and solar Manufacturing generate addition, strong incentives of attractive cost installation investment. the National savings
will provide of deliver. now benefits Mike this environmental the financial will And the of proud also are overview results. an We project
