Ocean Bio-Chem, parent company of Star brite Inc., has announced record net sales for the first quarter of 2021. For the first quarter of 2021, net sales were approximately $13.1 million, compared to approximately $7.8 million for the first quarter of 2020, an increase of approximately 68 percent, or $5.3 million.
“Our first quarter net sales continued to be exceptionally strong, building on the success of our outstanding 2020 results,” said Peter Dornau, president and CEO. “The unprecedented growth of core products is attributable to the many customers we serve in several markets. The company’s sales increased across the board to marine retailers and wholesale distributors, as well as online customers. In addition, the company said it saw specific sales increases in specialty sporting goods stores, major national auto chains, and RV markets.
