MasterCraft Boat (MCFT)
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MasterCraft Boat Holdings, Inc. (MCFT) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2026-02-05 13:55
Core Insights - MasterCraft Boat Holdings, Inc. reported quarterly earnings of $0.29 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, and showing a significant increase from $0.10 per share a year ago, resulting in an earnings surprise of +77.59% [1] - The company achieved revenues of $71.76 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.71% and increasing from $63.37 million year-over-year [2] - MasterCraft's stock has increased by approximately 22.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.5% [3] Earnings Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.40 on revenues of $83.68 million, and for the current fiscal year, it is $1.24 on revenues of $301.1 million [7] Industry Context - The Leisure and Recreation Products industry, to which MasterCraft belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
MasterCraft Boat (MCFT) - 2026 Q2 - Earnings Call Presentation
2026-02-05 13:30
FISCAL SECOND QUARTER 2026 RESULTS MASTERCRAFT + MARINE PRODUCTS TO COMBINE F E B R U A R Y 5 , 2 0 2 6 1 DISCLAIMER Forward Looking Statements This presentation includes forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Forward-looking statements can often be identified by such words and phrases as "believes," "anticipates," "expects," "intends," "estimates," "may," "will," "should," "continue," and similar expressions and comparable terminology, ...
MasterCraft Boat (MCFT) - 2026 Q2 - Quarterly Results
2026-02-05 12:20
Exhibit 99.1 Highlights: Brad Nelson, Chief Executive Officer, commented, "We delivered results that exceeded our expectations, and we are building momentum as we head into boat-shows and the spring selling season. We're entering this window with right-sized dealer inventories and a team that continues to deliver on key initiatives – bringing leading-edge innovation to market, executing on operational and cost efficiencies, and maintaining disciplined production management." Nelson continued, "Within Master ...
Marine Products (NYSE:MPX) Earnings Call Presentation
2026-02-05 12:00
MASTERCRAFT + MARINE PRODUCTS TO COMBINE F E B R U A R Y 5 , 2 0 2 6 1 DISCLAIMER Forward Looking Statements This presentation includes forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Forward-looking statements can often be identified by such words and phrases as "believes," "anticipates," "expects," "intends," "estimates," "may," "will," "should," "continue," and similar expressions and comparable terminology, or the negative thereof. Forward-lo ...
MasterCraft Boat Holdings, Inc. Reports Fiscal 2026 Second Quarter Results
Globenewswire· 2026-02-05 11:45
Core Insights - MasterCraft Boat Holdings, Inc. reported strong financial results for the second quarter of fiscal 2026, exceeding expectations and raising full-year guidance [3][10]. Financial Performance - Consolidated net sales for the second quarter reached $71.8 million, an increase of $8.4 million or 13.2% compared to the same period in fiscal 2025 [4][10]. - Gross margin percentage improved by 440 basis points to 21.6% due to higher net sales and effective cost controls [5][28]. - Income from continuing operations was $2.5 million, or $0.15 per diluted share, compared to $0.4 million, or $0.03 per diluted share, in the prior-year period [7][10]. - Adjusted net income was $4.7 million, or $0.29 per diluted share, up from $1.7 million, or $0.10 per diluted share, in the prior-year period [7][10]. - Adjusted EBITDA for the quarter was $7.5 million, compared to $3.5 million in the prior-year period, with an adjusted EBITDA margin of 10.4% [8][10]. Operational Highlights - The increase in net sales was attributed to favorable model mix, higher unit volumes, and increased prices [4][10]. - The company reported a unit sales volume of 583 for the quarter, a 5.4% increase from the previous year [28]. - MasterCraft's segment saw a 12.1% increase in net sales, while the Pontoon segment experienced a 21.2% increase [28]. Strategic Developments - The company announced a definitive agreement to acquire Marine Products Corporation, expected to close in the second calendar quarter of 2026 [11]. - A $75 million revolving credit facility was amended and extended, maturing on February 5, 2031 [12]. Future Outlook - For the full fiscal year 2026, consolidated net sales are expected to be between $300 million and $310 million, with adjusted EBITDA between $36 million and $39 million [18]. - The company anticipates third-quarter consolidated net sales of approximately $75 million and adjusted EBITDA of approximately $9 million [18].
MasterCraft Boat Holdings, Inc. and Marine Products Corporation to Combine, Creating a Diversified Portfolio of Proven Recreational Marine Brands
Globenewswire· 2026-02-05 11:45
Core Insights - MasterCraft Boat Holdings, Inc. is acquiring Marine Products Corporation in a cash and stock transaction valued at approximately $232.2 million, enhancing its portfolio of leading brands in the recreational marine industry [2][4][3] Group 1: Transaction Overview - The acquisition will combine MasterCraft's brands (MasterCraft, Crest, Balise) with Marine Products' brands (Chaparral, Robalo), creating a diversified portfolio across four distinct categories [3][10] - Marine Products shareholders will receive $2.43 per share in cash and 0.232 shares of MasterCraft common stock, implying a value of $7.79 per Marine Products share based on MasterCraft's closing price on February 4, 2026 [4] - The transaction is expected to close in the second calendar quarter of 2026, pending shareholder approvals and customary closing conditions [8] Group 2: Strategic and Operational Benefits - The combined company will benefit from an expanded dealer network, enhancing geographic coverage and growth opportunities [3][10] - Enhanced manufacturing capabilities and technological innovation are anticipated to drive growth and efficiency, with facilities in Tennessee, Michigan, and Georgia [10] - The transaction is expected to generate net sales of approximately $560 million and adjusted EBITDA of approximately $64 million for the twelve months ending June 30, 2026 [10] Group 3: Leadership and Governance - Brad Nelson, CEO of MasterCraft, will lead the combined company, with Scott Kent as CFO, while maintaining the leadership teams of Chaparral and Robalo as separate operating units [6][7] - The Board of Directors will expand from seven to ten members, including three new directors, with Roch Lambert serving as Chair [7] Group 4: Financial Profile - The combined company will have a robust balance sheet with no debt, providing financial flexibility for growth investments [10] - The transaction is expected to be accretive to adjusted EPS in Fiscal 2027, with anticipated annual net savings of approximately $6 million from the elimination of Marine Products' public company costs [10]
MasterCraft Boat Holdings, Inc. to Webcast Fiscal Second Quarter 2026 Earnings Conference Call Thursday, February 5, 2026
Globenewswire· 2026-01-30 12:30
VONORE, Tenn., Jan. 30, 2026 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal second quarter 2026 earnings conference call on Thursday, February 5, 2026, at 8:30 a.m. EST. Brad Nelson, Chief Executive Officer and Scott Kent, Chief Financial Officer, will discuss the Company’s financial results. The Company will issue a pre-market earnings release prior to the call on February 5, 2026. Participants may access the conference call live vi ...
MasterCraft Boat Holdings, Inc. to Webcast Fiscal Second Quarter 2026 Earnings Conference Call Thursday, February 5, 2026
Globenewswire· 2026-01-30 12:30
Live webcast at 8:30 a.m. ESTVONORE, Tenn., Jan. 30, 2026 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal second quarter 2026 earnings conference call on Thursday, February 5, 2026, at 8:30 a.m. EST. Brad Nelson, Chief Executive Officer and Scott Kent, Chief Financial Officer, will discuss the Company’s financial results. The Company will issue a pre-market earnings release prior to the call on February 5, 2026. Participants may acces ...
Will MasterCraft Boat Holdings, Inc. (MCFT) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2026-01-15 18:10
Core Insights - MasterCraft Boat Holdings, Inc. (MCFT) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 98.61% [2][6] - The company reported earnings of $0.28 per share for the most recent quarter, surpassing the expected $0.16 per share, resulting in a surprise of 75.00% [3] - For the previous quarter, MasterCraft reported $0.40 per share against an expectation of $0.18 per share, achieving a surprise of 122.22% [3] Earnings Estimates and Predictions - Estimates for MasterCraft Boat Holdings, Inc. have been trending upward, influenced by its history of earnings surprises [6] - The stock currently has a positive Zacks Earnings ESP of +4.08%, indicating increased analyst optimism regarding its near-term earnings potential [9] - The combination of a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy) suggests a high likelihood of another earnings beat [9] Earnings ESP and Market Behavior - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8] - A negative Earnings ESP does not necessarily indicate an earnings miss, but it reduces predictive power [9]
MasterCraft Launches All-New X22, Continuing to Set the Standard in the Premium Towboat Space
Globenewswire· 2026-01-08 15:00
Core Insights - MasterCraft Boat Company has introduced the all-new X22, a fully redesigned 22-foot premium towboat that aims to set new standards in its category with enhanced performance, design, and functionality [1][2][13] Performance & Innovation - The X22 features improved agility and handling, drawing inspiration from the larger X24, and includes MasterCraft's SurfStar system with 3,800 pounds of ballast for superior wave quality [4] - The boat offers Rapid Surf presets for beginners and Custom Surf options for experienced riders to tailor their surfing experience [4] - It is powered by an Ilmor 6.2L GDI engine, with an optional supercharged version delivering 630 horsepower and 665 pound-feet of torque, ensuring reliable performance [6] Design & Usability - The exterior and interior of the X22 have been meticulously designed with sculpted lines and high-quality finishes, enhancing both aesthetics and functionality [7][8] - The transom includes oversized loungers and dual storage compartments for up to four boards, along with additional storage for gear and integrated cupholders [9] - The cabin features spacious seating, upgraded finishes, and practical elements like wireless charging and integrated cubbies for convenience [10] Technology & Features - The helm includes a dual-display layout similar to the X24, with a panoramic center screen and a touchscreen for controlling various settings [5] - The SoundStage Audio system, developed with Meridian, provides an immersive audio experience, complemented by the optional MAAX transom system for rear audio [12] - Built-in telematics through MasterCraft Connect offers remote diagnostics and system monitoring for enhanced owner experience [12] Market Positioning - The X22 is set to debut at the Atlanta Boat Show on January 9, 2026, highlighting MasterCraft's commitment to innovation and quality in the premium towboat market [16] - MasterCraft aims to maintain its reputation for delivering high-quality, performance-driven boats that cater to both drivers and riders, emphasizing comfort and stability on the water [17][18]