MCBC Hlds

Mastercraft Boat Holdings, Inc. engages in the designing, manufacturing, and selling of boats. It operates through the following segments: MasterCraft, Crest, NauticStar, and Aviara. The MasterCraft segment offers recreational performance boats used for water skiing, wakeboarding, and wake surfing activities and general recreational boating under product brands, such as MasterCraft. The Crest segment produces pontoon boats at its Owosso, Michigan facility, which are used for general recreational boating. The NauticStar segment produces boats at its Amory, Mississippi facility, which are used for saltwater fishing and general recreational boating. The Aviara segment consists of the Aviara brand which manufactures luxury day boats. The company was founded in 1968 and is headquartered in Vonore, TN.

Earnings data Q3 2021

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MCFT reports strong Q1 performance, raises full-year guidance

MCFT's Q1 2023 performance exceeded expectations, with strong financials and a positive outlook for the full year. Despite challenges in dealer inventories and supply chain risks, the company's strong balance sheet and raised guidance indicate a promising future.

MCBC Holdings reports record Q2 sales and raises full-year guidance

MCBC Holdings (MCFT) delivered a robust performance in Q2 2023, marked by record net sales, adjusted EBITDA growth, and strong brand performance across MasterCraft, Crest, and Aviara.
While facing supply chain challenges and margin pressures, the company's effective inventory management, raised guidance, and positive market outlook position it for continued success and growth.
With a focus on operational efficiency, market demand alignment, and strategic planning, MCBC Holdings (MCFT) aims to navigate challenges and seize opportunities for sustained profitability and expansion.

MCBC Hlds (MCFT) reports record sales and earnings in Q3 2023

MCBC Hlds (MCFT) delivered strong financial performance in Q3 2023, with record sales and earnings, despite facing supply chain disruptions.
The company's focus on brand initiatives, new product introductions, and expanding distribution networks positions it well for future growth.
While challenges like supply chain disruptions persist, MCBC Hlds remains committed to long-term growth and shareholder value creation.

MCBC Hlds (MCFT) reports record FY 2023 performance and unveils innovative 2024 lineup

MCBC Hlds (MCFT) delivered a robust performance in fiscal year 2023, maintaining financial strength and unveiling innovative product lineups for 2024.
While facing challenges related to inventory management and market uncertainties, the company remains focused on growth opportunities and strategic initiatives.
With a solid balance sheet, prudent outlook for fiscal 2024, and a commitment to product innovation, MCBC Hlds (MCFT) is poised for continued success and market competitiveness.

MCBC Hlds reports Q1 2024 earnings decline but maintains growth outlook

MCBC Hlds (MCFT) navigated challenges in Q1 2024 with a focus on financial stability, operational resilience, and strategic growth initiatives.
Despite a decline in net sales, the company's strong balance sheet and liquidity provide a solid foundation for future performance and expansion.
Maintaining a disciplined approach to capital allocation and addressing market uncertainties are key priorities for sustaining growth and profitability.

MCBC Holdings reports Q2 earnings, focuses on growth amid challenges

MCBC Holdings navigated a competitive retail landscape, reporting a decrease in net sales but maintaining strong liquidity and no debt. The company remains focused on rebalancing inventories, pursuing growth opportunities, and returning value to shareholders.

MCBC Hlds (MCFT) reports Q3 decline, introduces luxury brand Balise

MCBC Hlds (MCFT) faced a challenging quarter with significant declines in net sales and adjusted net income, prompting revised full-year guidance.
Despite challenges, the company maintains a strong balance sheet, focuses on consumer satisfaction, and introduces the new luxury pontoon brand, Balise, for diversification.
Strategic initiatives to reduce dealer inventory, capitalize on growth opportunities, and drive shareholder value position MCBC Hlds (MCFT) for future growth and success.

MCBC Hlds (MCFT) adapts to market challenges, focuses on core brands

MCBC Hlds (MCFT) navigated challenges in Q4 2024 with resilience, focusing on core brands and profitability.
Despite lower demand and reduced net sales, the company achieved positive free cash flow and adjusted EBITDA.
Strategic decisions like divesting Aviara and launching Balise position MCBC Hlds (MCFT) for future growth.
The cautious outlook for fiscal 2025 reflects awareness of economic and industry headwinds, with opportunities for strategic expansion.

MCBC Hlds (MCFT) reports stable Q1 performance amidst market challenges

MCBC Hlds (MCFT) navigated Q1 2025 with stable financial performance, strong liquidity, and a focus on growth through innovation and strategic initiatives.
Despite challenges in net sales and inventory management, the company's diverse product portfolio and market traction provide a foundation for future success.
By capitalizing on opportunities for expansion, product development, and market responsiveness, MCBC Hlds (MCFT) aims to drive sustainable growth and profitability.

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Mastercraft Boat Holdings, Inc. engages in the provision of designing, manufacturing, and selling of boats. It operates through the following segments: MasterCraft, Pontoon, and Aviara. The MasterCraft segment offers recreational performance boats used for water skiing, wakeboarding, and wake surfing activities and general recreational boating under product brands, such as MasterCraft. The Pontoon segment manufactures and sells pontoon boats, consisting of the Crest brand and the Balise brand. The Aviara segment consists of the Aviara brand which manufactures luxury day boats. The company was founded in 1968 and is headquartered in Vonore, TN.

MasterCraft Boat Holdings increased its 2025 guidance due to strong demand and lower interest rates, indicating potential undervaluation and a positive outlook. The company projects 2025 revenue between $270M-$300M, Adjusted EBITDA of $17M-$26M, and EPS of $0.55-$0.95, supporting my valuation of $35 per share. MCFT's proven profitable business model, positive long-term FCF, and net income growth make it an attractive investment despite potential risks from tariffs and interest rate changes.

MasterCraft: Beneficial Guidance, Trump's Tariff Risks, And Cheap

MCFT's fiscal first-quarter margins reflect lower cost absorption resulting from planned reductions in unit volume and higher dealer incentives.

MasterCraft Boat's Q1 Earnings & Revenues Beat Estimates, Fall Y/Y

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT ) Q1 2025 Results Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Tim Oxley - Vice President, Chief Financial Officer, Treasurer and Secretary Brad Nelson - Chief Executive Officer Conference Call Participants Joseph Altobello - Raymond James Craig Kennison - Robert W. Baird Eric Wold - B.

MasterCraft Boat Holdings, Inc. (MCFT) Q1 2025 Earnings Call Transcript

MasterCraft Boat Holdings, Inc. (MCFT) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.47 per share a year ago.

MasterCraft Boat Holdings, Inc. (MCFT) Beats Q1 Earnings and Revenue Estimates

VONORE, Tenn., Nov. 06, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2025 first quarter ended September 29, 2024.

MasterCraft Boat Holdings, Inc. Reports Fiscal 2025 First Quarter Results

VONORE, Tenn., Oct. 23, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal first quarter 2025 earnings conference call on Wednesday, November 6, 2024, at 8:30 a.m.

MasterCraft Boat Holdings, Inc. to Webcast Fiscal First Quarter 2025 Earnings Conference Call Wednesday, November 6, 2024

VONORE, Tenn., Oct. 17, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) subsidiary and the world's best-selling towboat brand, recently hosted a dynamic dealer meeting at its state-of-the-art factory in Tennessee, bringing together its dealer network for a day of education, celebration, and forward-looking announcements. The all-day event provided a structured experience for nearly 170 attendees, with stations focused on product education, company history, pricing strategies, product development, marketing insights, and a comprehensive tour of the factory. The highlight of the day was the unveiling of an exciting new product, signaling the start of an innovative new chapter for the brand.

MasterCraft Boat Company Hosts Successful Dealer Meeting at Tennessee Factory, Honoring Legacy and Ushering in a New Era of Innovation & Partnership

MasterCraft Boat Holdings is undergoing significant organizational changes, including a new CEO, board changes, and asset sales, to combat expected declines in consumer demand. Despite recent declines in revenue and net income, MCFT's long-term business model shows consistent growth, making the stock undervalued and a potential buy. Increased R&D and SG&A expenses indicate MCFT's commitment to innovation and market expansion, while reduced debt and share repurchases are expected to boost stock demand.

MasterCraft Boat: Cheap Manufacturer After Selling Assets And CEO Change

MasterCraft's Q4 results were expectedly bleak. The divestment of Aviara creates better short-term profitability and a better operational focus on core brands. The given FY2025 outlook is very conservative, expecting dealer destocking and industry struggles to still persist against Malibu Boats' more optimistic outlook.

MasterCraft Expects A Very Cautious FY2025

MCFT's fiscal fourth-quarter top line is negatively impacted by lower unit volume and unfavorable model mix and options.

MasterCraft Boat's Q4 Earnings Beat Estimates, Stock Down

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT ) Q4 2024 Results Conference Call August 29, 2024 8:30 AM ET Company Participants Tim Oxley - Chief Financial Officer Brad Nelson - Chief Executive Officer Conference Call Participants Martin Mitela - Raymond James Drew Crum - Stifel Kevin Condon - Baird Operator Ladies and gentlemen, thank you for standing by, and welcome to the MasterCraft Boat Holdings, Inc. Fiscal Fourth Quarter and Full Year 2024 Earnings Conference Call. Please be advised that today's conference is being recorded.

MasterCraft Boat Holdings, Inc. (MCFT) Q4 2024 Earnings Call Transcript

MasterCraft Boat Holdings, Inc. (MCFT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to earnings of $1.37 per share a year ago.

MasterCraft Boat Holdings, Inc. (MCFT) Reports Q4 Loss, Tops Revenue Estimates

VONORE, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 fourth quarter and year ended June 30, 2024.

MasterCraft Boat Holdings, Inc. Reports Fiscal 2024 Results

VONORE, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal fourth quarter and full year 2024 earnings conference call on Thursday, August 29, 2024, at 8:30 a.m.

MasterCraft Boat Holdings, Inc. to Webcast Fiscal Fourth Quarter and Full Year 2024 Earnings Conference Call Thursday, August 29, 2024

Transaction Better Positions MasterCraft to Execute Strategic Growth Initiatives with Enhanced Operational Focus MasterCraft to Wind Down Merritt Island Production Facility Operations and Commence Marketing of Property for Sale Aviara Segment to be Reported as Discontinued Operations Beginning First Quarter Fiscal Year 2025 VONORE, Tenn., Aug. 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (“MasterCraft” or the “Company”) today announced that it has entered into an asset exchange agreement under which it will transfer the rights to its Aviara brand of luxury dayboats and related assets to Cruisers Yachts, a subsidiary of MarineMax, Inc. (“MarineMax”).

MasterCraft Boat Holdings, Inc. Enters into Asset Exchange Agreement with MarineMax for Aviara Brand

MasterCraft has continued reporting weak financials as major industry headwinds persist. The company guides for an even weaker Q4 due to persisting struggles and a large dealer's financial distress. An eventual recovery should still happen with rate cuts and an improved customer sentiment. The valuation has become even more attractive as investors get scared by the temporary headwinds.

MasterCraft: Cloudy Industry Outlook Makes Stock Even Cheaper

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MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT ) Q3 2024 Results Conference Call May 8, 2024 8:30 AM ET Corporate Participants Tim Oxley - Chief Financial Officer Fred Brightbill - Chief Executive Officer Conference Call Participants Joe Altobello - Raymond James Drew Crum - Stifel Noah Zatzkin - KeyBanc Capital Markets Kevin Condon - Baird Griffin Bryan - D.A. Davidson Operator Good day, and thank you for standing by.

MasterCraft Boat Holdings, Inc. (MCFT) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for MasterCraft Boat Holdings, Inc. (MCFT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

MasterCraft Boat Holdings, Inc. (MCFT) Reports Q3 Earnings: What Key Metrics Have to Say

MasterCraft Boat Holdings, Inc. (MCFT) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $1.36 per share a year ago.

MasterCraft Boat Holdings, Inc. (MCFT) Q3 Earnings and Revenues Surpass Estimates

VONORE, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 third quarter ended March 31, 2024.

MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 Third Quarter

MasterCraft Boat Holdings is a towboat maker primarily used for waterskiing and watersports. The company has a strong balance sheet with $108.8 million in cash and investments and $51.4 million in debt. Shareholder activist Coliseum Capital Management has accumulated a 13% stake in the company and could push for a sale or further involvement.

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