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MasterCraft Boat Holdings, Inc. to Webcast Fiscal Third Quarter 2025 Earnings Conference Call Wednesday, May 7, 2025
Newsfilter· 2025-04-23 20:30
VONORE, Tenn., April 23, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company") will host a live webcast of its fiscal third quarter 2025 earnings conference call on Wednesday, May 7, 2025, at 8:30 a.m. EDT. Brad Nelson, Chief Executive Officer, Tim Oxley, Chief Financial Officer, and Scott Kent, Vice President of Finance and Incoming Chief Financial Officer, will discuss the Company's financial results. The Company will issue a pre-market earnings release prior to the call o ...
MasterCraft Boats of Utah Expands to St. George, Bringing MasterCraft's Premier Lineup of Towboats to Southern Utah
Newsfilter· 2025-04-17 15:00
Core Viewpoint - MasterCraft Boat Company is expanding its operations by opening a new location in St. George, Utah, to enhance service accessibility for existing customers and attract new ones [1][2][5]. Group 1: Expansion Details - The new MasterCraft Boats of Utah location in St. George aims to provide a more convenient service option for customers, reducing travel time from Salt Lake City [1]. - St. George is identified as an ideal market due to its thriving boating community and favorable climate for year-round boating activities [2]. Group 2: Company Reputation and Experience - MasterCraft Boats of Utah has been a trusted dealer since 1999, recognized for its innovation and customer satisfaction, having received multiple awards over the years [3]. - The dealership's team has over 100 years of combined industry experience, emphasizing their commitment to expert guidance and premium service [3]. Group 3: Services Offered - The new location will provide a range of services including maintenance, repairs, a pro shop, on-water demonstrations, customer events, and boat storage [4]. - The staff will consist of industry leaders and MasterCraft experts, positioning the location as a premier destination for boaters in southern Utah [4]. Group 4: Marketing and Community Engagement - To introduce the brand to the local market, MasterCraft Boats of Utah plans grand opening celebrations, including demo days and community meet-and-greets [5]. - A comprehensive digital advertising campaign will be launched to increase awareness, alongside prominent signage to attract boating enthusiasts [5]. Group 5: Market Positioning - This expansion is part of MasterCraft's strategy to strengthen its market share in key regions, ensuring customers have access to high-quality boats and superior service [6]. - The company continues to focus on delivering an exceptional on-water experience, reinforcing its position as the leading towboat brand [6].
MasterCraft Boats of Utah Expands to St. George, Bringing MasterCraft’s Premier Lineup of Towboats to Southern Utah
GlobeNewswire· 2025-04-17 15:00
New St. George Dealership Location to Deliver MasterCraft’s Unmatched Service and Industry-Leading Performance to Local BoatersVONORE, Tenn., April 17, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) subsidiary and the best-selling towboat brand, is proud to announce the expansion of MasterCraft Boats of Utah into St. George, Utah. This strategic move provides current MasterCraft customers with a more convenient service location, eliminating the need to tra ...
MasterCraft Boat Holdings, Inc. (MCFT) Surges 13.9%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 13:51
MasterCraft Boat Holdings, Inc. (MCFT) shares rallied 13.9% in the last trading session to close at $16.75. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 14.8% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, MasterCraft Boat shares soared, reflecting renewed investor optimism. This sport boats maker is expected to post quarterly e ...
MasterCraft Boat Holdings, Inc. Announces CFO Transition
Newsfilter· 2025-04-07 11:30
VONORE, Tenn., April 07, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) (the "Company"), today announced that Tim Oxley, Chief Financial Officer, has decided to retire from the Company, effective December 31, 2025. Scott Kent, Vice President of Finance, will succeed Mr. Oxley as Chief Financial Officer, effective July 1, 2025. Mr. Oxley will transition to serve as a special advisor to the executive team/Board from July 1, 2025 until December 31, 2025, to ensure a smooth transition of ...
MasterCraft Announces 2025 Rule the Water Demo Tour, Featuring the All-New XStar Lineup
Newsfilter· 2025-03-25 15:00
Core Insights - MasterCraft Boat Company is launching the Rule the Water Demo Tour to showcase its new XStar lineup, which has received the NMMA Innovation Award [1][2] - The 2025 XStar lineup features advanced audio systems and design elements, enhancing the overall boating experience [2] - The tour will cover 57 stops across key markets, allowing potential customers to test drive the new models and explore the full range of MasterCraft boats [3] Company Overview - MasterCraft is recognized as a leading innovator in the premium performance sport boat industry, with a history of over five decades in manufacturing [5] - MasterCraft Boat Holdings, Inc. operates under three brands: MasterCraft, Crest, and Balise, and is headquartered in Vonore, TN [6]
Ahead of International Women’s Day, MasterCraft Celebrates Five Years of Empowering Women with Nationwide “Let Her Rip” On-Water Campaign
GlobeNewswire· 2025-03-04 16:00
With Support from Progressive Insurance® and the Power of Chevrolet’s Cutting-Edge Tow Vehicles, MasterCraft is Bringing ‘Let Her Rip’ to New and Returning Locations, Empowering More Women and Girls on the Water Than Ever BeforeVONORE, Tenn., March 04, 2025 (GLOBE NEWSWIRE) -- Today, MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) subsidiary and the best-selling towboat brand, announced the fifth annual ‘Let Her Rip’ campaign, a series of on-water clinics designed to inspire and em ...
MasterCraft Names Industry Veteran, Mike O'Connell, as President of Pontoon Segment
Newsfilter· 2025-02-24 21:15
VONORE, Tenn., Feb. 24, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) ("MasterCraft" or the "Company"), today announced that Mike O'Connell, Senior Vice President of Operational Excellence will take on the additional role of President of the Company's Pontoon Segment, effective immediately. Mr. O'Connell succeeds George Steinbarger, who has departed the Company. A nearly 40-year veteran of the marine industry, Mike is well-prepared to lead our Pontoon segment. He is a proven leader ...
MasterCraft Names Industry Veteran, Mike O'Connell, as President of Pontoon Segment
GlobeNewswire News Room· 2025-02-24 21:15
Core Viewpoint - MasterCraft Boat Holdings, Inc. has appointed Mike O'Connell as President of the Company's Pontoon Segment, effective immediately, succeeding George Steinbarger who has left the company [1][3]. Company Leadership - Mike O'Connell brings nearly 40 years of experience in the marine industry and has previously held leadership roles at various boat companies, including President of Godfrey pontoons and Hurricane deck boats [2]. - O'Connell joined MasterCraft in 2023 as President of Aviara Boats and is recognized as a proven leader in the industry [2]. Strategic Focus - The CEO of MasterCraft, Brad Nelson, emphasized the importance of O'Connell's leadership in navigating a challenging retail environment and positioning the Crest and Balise brands for growth during the upcoming summer selling season [3]. - O'Connell expressed enthusiasm for leading the Pontoon segment and highlighted the potential of the newly launched Balise product line, indicating a focus on long-term growth and success [3]. Company Overview - MasterCraft Boat Holdings, Inc. is headquartered in Vonore, TN, and is a leading innovator in the design, manufacturing, and marketing of premium recreational powerboats through its brands: MasterCraft, Crest, and Balise [4]. - The company holds significant market share in two rapidly growing segments of the powerboat industry: performance sport boats and pontoon boats [4].
MasterCraft Expands Dealer Network with Action Water Sports in Dallas-Fort Worth
GlobeNewswire· 2025-02-11 18:00
Nation’s Largest Towboat Market Gains Premier Dealer, Bringing MasterCraft’s Industry-Leading Performance, Enhanced Technology and Unmatched Service to Local BoatersVONORE, Tenn., Feb. 11, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) subsidiary and the best-selling towboat brand, is proud to welcome Action Water Sports as the newest authorized MasterCraft dealer in the Dallas-Fort Worth (DFW) market – the largest towboat market in the United States. This ...