Massimo Motor Expands Sales Network into Oregon and Arkansas, Adding Over 100 Locations
Rhea-AI Summary
Massimo Motor (NASDAQ: MAMO), a powersports vehicle manufacturer, has announced a significant expansion of its retail network into Oregon and Arkansas, adding over 100 new big-box retail locations. The company expects to begin product sales in these markets by early September 2025.
The expansion follows recent improvements to Massimo's global sourcing and logistics model, including enhanced factory partnerships in Vietnam. These improvements have resulted in reduced lead times and increased operational flexibility, particularly important for meeting seasonal demands in Q3 and Q4.
The Texas-based company, which manufactures UTVs, ATVs, and mini bikes, anticipates significant sales growth during the upcoming holiday season based on current stocking and re-order trends.
Positive
- Addition of over 100 new big-box retail locations in Oregon and Arkansas
- Improved operational efficiency through enhanced factory partnerships in Vietnam
- Reduced lead times and increased operational flexibility
- Strategic timing for Q3/Q4 seasonal peak sales
Negative
- None.
News Market Reaction 2 Alerts
On the day this news was published, MAMO declined 3.83%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $5M from the company's valuation, bringing the market cap to $121M at that time.
Data tracked by StockTitan Argus on the day of publication.
This expansion is projected to add significant sales during the holiday season based on current initial stocking and re-order trends at the company's existing footprint.
"In recent weeks, we've had productive discussions with top-tier retailers, and the traction we're seeing in core markets continues to accelerate," said David Shan, CEO of Massimo Motor. "Adding Oregon and
This expansion comes on the heels of strategic enhancements to Massimo's global sourcing and logistics model, including expanded factory partnerships in
"We're seeing real momentum across the board," Shan added. "From product availability to partner readiness, Massimo is well-positioned to meet market needs as we enter a peak sales cycle — and this move into
About Massimo Group (NASDAQ: MAMO)
Massimo Group is a manufacturer and distributor of powersports products. Headquartered in
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo's future results of operations and financial position, Massimo's business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo are forward-looking statements. In some cases, forward-looking statements can be identified because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those under "Risk Factors" in filings with the SEC made by Massimo. Moreover, Massimo operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company
Dr. Yunhao Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com
Corporate Communications
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SOURCE Massimo Group