MasterCraft Boat Holdings, Inc. (MCFT) has experienced a remarkable 16.6% increase in its stock price in the past month, outpacing the industry’s 13.9% growth. The stock has also outperformed the 4.7% rise of the S&P 500.On Tuesday, the stock closed at $20.55, below its 52-week high of $24.05 but above its 52-week low of $16.12. In the past three months, MCFT has outpaced its industry peers Malibu Boats, Inc.’s (MBUU) 0.4% gain, OneWater Marine Inc.’s (ONEW) 8.4% decline and Marine Products Corporation’s (M ...

MasterCraft Boat Holdings, Inc. (MCFT) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Si ...

MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT ) recently increased its guidance for the year 2025 because of recent demand for recreational boats. The company also noted better than expected EPS Normalized . I also believe that the decrease in the interestLondon Stock Market Research is a service offered by an ex-investment banker from the city of London. After around 11 years in the industry, I decided to drop out, and made dollars out of what I learned in business. I appreciate value investments, and I us ...

MasterCraft Boat Holdings, Inc. (MCFT) reported first-quarter fiscal 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. However, the top and bottom lines declined on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Following the results, the stock surged 25% during trading hours on Wednesday. Positive investor sentiments were witnessed as MCFT provided a better-than-expected earnings outlook for fiscal 2025. Strong inventory manageme ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Non-accelerated filer ☐ Smaller reporting company ☐ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37502 MASTERCRAFT BOAT HOLDINGS, INC. (Exact name of registrant as specified in it ...

Fiscal First Quarter 2025 Results November 6, 2024 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws, which statements involve substantial risks and uncertainties. Forwardlooking statements generally relate to future events and include, without limitation, projections, forecasts and estimates about possible or assumed future results of the Company's business, financial condition, liquidity, results of operations, plans and obje ...

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. Riley Securities Drew Crum - Stifel Michael Swartz - Truist Securities Noah Zatzkin - KeyBanc Capital Markets Operator Ladies and gentlemen, thank you ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this sport boats maker would post a loss of $0.22 per share when it actually produced a loss of $0.04, delivering a surprise of 81.82%.Over the last four qu ...

Exhibit 99.1 FOR IMMEDIATE RELEASE MasterCraft Boat Holdings, Inc. Reports Fiscal 2025 First Quarter Results VONORE, Tenn. – November 6, 2024 – MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2025 first quarter ended September 29, 2024. The overview, commentary, and results provided herein relate to our continuing operations, which exclude our former Aviara segment. Overview: ▪ Net sales for the first quarter were $65.4 million, down $28.9 million, or 30.7%, f ...

Overview - MasterCraft Boat Holdings, Inc. reported net sales of $65.4 million for the first quarter of fiscal 2025, a decrease of $28.9 million or 30.7% compared to the prior year [2][4] - Income from continuing operations was $1.0 million, or $0.06 per diluted share, down from $8.5 million or $0.50 per diluted share in the prior year [6][7] - Adjusted Net Income was $1.9 million, or $0.12 per diluted share, compared to $10.3 million, or $0.60 per diluted share, in the prior year [7][27] - Adjusted EBITDA was $3.8 million, down from $14.0 million in the prior year, with an adjusted EBITDA margin of 5.9% compared to 14.9% [7][21] Financial Performance - The decrease in net sales was primarily attributed to lower unit volumes and an unfavorable model mix [4] - Gross margin percentage declined by 570 basis points to 18.1% due to lower cost absorption from decreased production volume and higher dealer incentives [5][20] - Operating expenses decreased by $1.1 million, driven by lower share-based compensation and professional fees [6] Strategic Actions - The company completed the sale of its Aviara brand and related assets to MarineMax, Inc. on October 18, 2024, and is in the process of selling its Aviara manufacturing facility for $26.5 million [2][3] - A Fourth Amendment to the Credit Agreement was executed to obtain necessary consents and waivers related to the Aviara transaction, with a draw of $49.5 million on the Revolving Credit Facility [3] Outlook - The company raised the lower end of its full-year guidance, expecting consolidated net sales between $270 million and $300 million, with Adjusted EBITDA between $17 million and $26 million [9] - For the fiscal second quarter of 2025, consolidated net sales are projected to be approximately $60 million, with Adjusted EBITDA of around $1 million [9]