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. Welcome to the Q3 2024 MasterCraft Boat Holdings, Inc. Earnings Conference Call. At this tim ...

{ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 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 its charter) Delaware 06-1571747 (State or Other Jurisdi ...

For the quarter ended March 2024, MasterCraft Boat Holdings, Inc. (MCFT) reported revenue of $95.71 million, down 42.6% over the same period last year. EPS came in at $0.37, compared to $1.36 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $92.32 million, representing a surprise of +3.67%. The company delivered an EPS surprise of +60.87%, with the consensus EPS estimate being $0.23.While investors closely watch year-over-year changes in headline numbers -- revenue an ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60.87%. A quarter ago, it was expected that this sport boats maker would post earnings of $0.23 per share when it actually produced earnings of $0.37, delivering a surprise of 60.87%.Over the last f ...

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. The overview, commentary, and results provided herein relate to our continuing operations. Overview: Net sales for the third quarter were $95.7 million, down 42.6% from the prior-year periodNet income from continuing operations was $3.8 million, or $0.23 per diluted shareDiluted Adjusted Net Income per share, a non-GAAP measur ...

OWOSSO, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Crest Marine, LLC., a leader in the recreational powerboat industry and subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT), today announced the expansion of its portfolio with the launch of an all-new, independent luxury pontoon brand, Balise Pontoon Boats ("Balise"). Balise was born from the singular mission to be the most luxurious and innovative pontoon boat on the market. The team behind Balise prioritized timeless artistry, sophisticated entert ...

公司信息 - MasterCraft Boat Holdings, Inc.将于2024年5月8日举行第三季度财报电话会议[1] - MasterCraft Boat Holdings, Inc.总部位于田纳西州冯诺尔，是一家领先的休闲动力船制造商[3] 参与方式 - 参与者可以通过公司网站的投资者部分实时访问电话会议的网络直播[2] - 投资者可以通过发送电子邮件至investorrelations@MasterCraft.com与公司的副总裁Bobby Potter取得联系[4]

财务数据和关键指标变化 - 第二季度净销售额为9950万美元,较上年同期下降38%,主要由于销量下降和经销商激励措施增加所致 [32] - 第二季度毛利率为18.8%,较上年同期下降520个基点,主要由于产量下降导致成本吸收下降、经销商激励措施增加以及原材料、人工和间接费用通胀所致 [33] - 第二季度调整后净收益为630万美元,每股0.37美元,较上年同期下降70% [35] - 第二季度调整后EBITDA为980万美元,较上年同期下降67% [36] 各条业务线数据和关键指标变化 - MasterCraft品牌第二季度净销售额为7300万美元,较上年同期下降33%,符合公司预期 [22] - Crest品牌第二季度净销售额为1700万美元,较上年同期下降54%,符合预期 [23] - Aviara品牌第二季度净销售额为1000万美元,较上年同期下降30% [27] 各个市场数据和关键指标变化 - 早期船展结果参差不齐,但整体鼓舞人心,消费者对pontoon的兴趣超出预期 [24] - 公司在明尼阿波利斯、芝加哥、亚特兰大和底特律等主要pontoon市场的展会上表现出色 [25] 公司战略和发展方向及行业竞争 - 公司将在2025年推出一个新的pontoon品牌,定位于高端客户,提供更优质的水上体验 [26] - 公司最近聘请了30年行业资深人士Michael Connell担任Aviara总裁,以提升Aviara的运营表现和执行其增长战略 [29] - 公司将继续通过股票回购计划向股东返还现金,同时优先保持财务灵活性和对业务的高回报投资 [39][40][41] - 公司预计在经历当前周期性逆风后,将从谨慎转向乐观,并保持积极的并购态度 [21] 管理层对经营环境和未来前景的评论 - 公司在充满挑战的宏观环境和激烈的零售竞争中交出了超预期的业绩 [10] - 公司正专注于与预期需求相匹配的经销商库存再平衡,以确保经销商网络的健康 [11][15] - 尽管短期内存在挑战,但公司的消费者导向品牌组合、高度可变的成本结构和强大的资产负债表,使其有信心继续投资长期增长计划 [11][12] - 公司对经济前景持谨慎乐观态度,预计利率下降、消费者信心改善和GDP增长强劲将有利于零售需求 [13] - 公司相信其灵活的经营模式将使其能够缓解近期风险,并在经济复苏时把握上行机会 [14] 问答环节重要的提问和回答 问题1 **Joe Altobello 提问** 第三季度销售额和EBITDA环比下降,是否全部由于促销活动加剧所致? [51] **Tim Oxley 回答** 不全是,还有一周因冰雪天气而停产,以及给经销商一些喘息空间为第四季度做准备的因素 [52] 问题2 **Craig Kennison 提问** 如何评价经销商网络的健康状况? [58] **Fred Brightbill 和 Tim Oxley 回答** 总体来说经销商网络健康良好,虽然个别经销商存在问题,但公司一直密切关注并与金融公司保持沟通 [59][60] 问题3 **Eric Wold 提问** 除了融资成本上升,激烈的价格竞争也压缩了经销商的利润空间吗? [67] **Fred Brightbill 和 Tim Oxley 回答** 是的,在如此竞争的市场环境下,价格竞争也导致了经销商利润率下降,不仅仅是融资成本上升的影响 [68][69]

{ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: December 31, 2023 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 its charter) Delaware 06-1571747 (State or Other Juri ...

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Q1 2024 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Bobby Potter - Vice President-Strategy & Investor Relations Fred Brightbill - Chief Executive Officer & Chairman Tim Oxley - Chief Financial Officer Conference Call Participants Joe Altobello - Raymond James Eric Wold - B. Riley Securities Operator Good morning, and thank you for standing by. Welcome to the Fiscal First Quarter 2024 MasterCraft Boat Holdings Earnings Conference Cal ...