Malibu Boats (MBUU) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.15 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 153.33%. A quarter ago, it was expected that this maker of performance sports boats would post a loss of $0.31 per share when it actually produced a loss of $0.39, delivering a surprise of -25.81%.Over the l ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 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: 001-36290 Delaware | --- | --- | |--------------------------------------------------------------|------------- ...

Exhibit 99.1 MALIBU BOATS, INC. ANNOUNCES FIRST QUARTER FISCAL 2025 RESULTS Loudon, TN, October 31, 2024 - Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2024. First Quarter Fiscal 2025 Highlights Compared to First Quarter Fiscal 2024: • Net sales decreased 32.9% to $171.6 million • Unit volume decreased 39.7% to 1,024 units • Gross profit decreased 50.3% to $28.2 million • GAAP net income decreased 124.8% to a net loss of $5.1 million • GAA ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional val ...

LOUDON, Tenn., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its first quarter fiscal 2025 financial results on Thursday, October 31, 2024, before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu's Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman. Investors and analysts are ...

Malibu Boats, Inc. (MBUU) is navigating choppy waters as consumer demand for boats remains soft. This Zacks Rank #5 (Strong Sell) is riding out the slowdown while preparing for normalization. Malibu Boats is a designer and manufacturer of recreational powerboats, including performance sport, sterndrive, and outboard boats. It's brands include Malibu and Axis in sport boats, Cobalt in sterndrive boats, Pursuit and Cobia in saltwater fishing boat market and the Pathfinder, Maverick and Hewes flats and bay boa ...

John M Lund Photography Inc Business Introduction Malibu Boats (NASDAQ:MBUU) is a leading company in the manufacturing design and marketing of a wide range of recreational boats, offering everything from sterndrive to performance sport boats and outboard boats under an umbrella of eight brands. Malibu, Pursuit, Axis, Cobia, Maverick, Hewes, Pathfinder, and Cobalt. According to SSI, As of June 30th this year, the company held the top market share in the US for the performance sport boats through the Malibu a ...

LOUDON, Tenn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Malibu Boats™, the global leader in towboat sales, is thrilled to announce the launch of the new ultra-luxury 2025 Malibu M230 and its industry-leading premium features including the all-new Malibu Command Center™. The new M230 has been designed from the hull up to be the leader in its class, setting a new industry benchmark in engineering, design, performance, comfort, luxury, and onboard features. Sitting at 23 feet long with a dry weight of 6,750 pounds, ...

Malibu Boats, Inc. (MBUU) reported mixed fourth-quarter fiscal 2024 results, with earnings missing the Zacks Consensus Estimate but revenues beating the same. However, both top and bottom lines declined on a yearover-year basis. Weak retail demand negatively impacted the company's results in the quarter. MBUU's Earnings & Revenues Details In the fiscal fourth quarter, MBUU reported an adjusted loss per share (EPS) of 39 cents, wider than the Zacks Consensus Estimate of a loss of 31 cents. In the prior-year ...

MaximFesenko/iStock via Getty Images Malibu's (NASDAQ:MBUU) pull-forward demand from COVID has led to a hangover of performance by the company as it dealt with tough comps coinciding with tough macro conditions. Relative to the S&P 500, Russell 2000, and S&P 500 Consumer Discretionary Index, MBUU has underperformed by 79%, 63%, and 61%, respectively since Aug 2022. After a streak of misfortunes, I believe the tide has turned and the current valuation is an attractive entry point. My base case projects a 50- ...