MasterCraft Boat (MCFT)

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MasterCraft Boat Company Enhances Dealer Network with Performance Marine Watersports at Lake of the Ozarks
Globenewswire· 2025-04-29 15:00
Core Insights - MasterCraft Boat Company has announced a strategic partnership with Performance Marine Watersports to enhance customer experience and service capabilities in the Lake of the Ozarks region [1][2][3] Group 1: Partnership Details - The partnership positions MasterCraft as a leader in the towboat category and aims to deliver best-in-class experiences for current and future MasterCraft owners [1] - Performance Marine Watersports is the first dedicated watersports dealership at Lake of the Ozarks, expanding its offerings with MasterCraft models designed for various water conditions [2] Group 2: Customer Experience - MasterCraft emphasizes the importance of exceptional ownership experiences, aligning with Performance Marine Watersports' commitment to personalized, high-quality service [3] - The dealership provides white-glove service with every boat purchase and offers convenient on-water demonstrations [3] Group 3: Future Plans - Performance Marine Watersports plans to host more events and owner reunions, aiming to grow the MasterCraft family in the region [4]
MasterCraft Boat Holdings, Inc. to Webcast Fiscal Third Quarter 2025 Earnings Conference Call Wednesday, May 7, 2025
Newsfilter· 2025-04-23 20:30
Core Points - MasterCraft Boat Holdings, Inc. will host a live webcast for its fiscal third quarter 2025 earnings conference call on May 7, 2025, at 8:30 a.m. EDT [1] - The call will feature discussions by the CEO, CFO, and Vice President of Finance regarding the Company's financial results [1] - A pre-market earnings release will be issued prior to the call on the same day [1] Access Information - Participants can access the conference call live via the Company's investor website by clicking on the webcast icon [2] - Telephone participants must register in advance to receive a confirmation email with dial-in details, including a unique passcode and registrant ID [2] - A replay of the conference call and webcast will be archived on the Company's website [2] Company Overview - MasterCraft Boat Holdings, Inc. is headquartered in Vonore, Tennessee, and is a leading innovator, designer, manufacturer, and marketer of recreational powerboats [3] - The Company operates through three brands: MasterCraft, Crest, and Balise [3] - Additional information about the Company and its brands can be found on its investor and brand websites [3]
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
Core Viewpoint - MasterCraft Boat Company is expanding its dealership presence into St. George, Utah, to enhance service accessibility and cater to the growing boating community in the region [1][2][6] Group 1: Expansion Details - The new MasterCraft Boats of Utah location in St. George aims to provide a convenient service option for existing customers and attract new ones, reducing travel needs to Salt Lake City [1][2] - The dealership has been a trusted partner since 1999 and has received multiple awards for customer satisfaction and service excellence [3] - The St. George location will offer a range of services including maintenance, repairs, on-water demos, and boat storage, positioning it as a premier destination for boaters in southern Utah [4] Group 2: Market Strategy - MasterCraft Boats of Utah plans to host grand opening celebrations and community events to introduce the brand to the local market, supported by a comprehensive digital advertising campaign [5] - The expansion is expected to increase MasterCraft's market share in southern Utah, aligning with the growing boating community in the area [6] Group 3: Company Background - MasterCraft is recognized as a leading innovator in the premium performance sport boat industry, with a history of over five decades in manufacturing high-quality boats [8] - MasterCraft Boat Holdings, Inc. operates under three brands: MasterCraft, Crest, and Balise, and is headquartered in Vonore, TN [9]
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
Core Insights - MasterCraft Boat Company is launching the fifth annual 'Let Her Rip' campaign to empower women and girls in watersports [1][2] - The campaign will feature seven stops across the U.S., including new locations, and aims to foster inclusivity in the sport [2][4] - The initiative is supported by Progressive Insurance and Chevrolet, highlighting a commitment to female-focused programs [4][3] Company Overview - MasterCraft is a leading innovator and manufacturer of premium performance sport boats, established in 1968 [5][7] - The company focuses on building high-quality ski, wakeboard, wake surf, and luxury performance powerboats [5][7] Campaign Details - The 'Let Her Rip' campaign will take place from May through July 2025, with clinics led by professional female athletes [4][6] - The seven-stop tour includes locations such as Hot Springs, AR, Denver, CO, and Lake Tahoe, CA [6][4] - The program aims to provide hands-on instruction in boat driving and watersports techniques, catering to all skill levels [3][4]
MasterCraft Names Industry Veteran, Mike O'Connell, as President of Pontoon Segment
Newsfilter· 2025-02-24 21:15
Core Viewpoint - MasterCraft Boat Holdings, Inc. has appointed Mike O'Connell as the President of the Company's Pontoon Segment, effective immediately, succeeding George Steinbarger who has left the company [1][3]. Group 1: Leadership Changes - Mike O'Connell, a nearly 40-year veteran of the marine industry, is well-prepared to lead the Pontoon segment, having previously served as President of Aviara Boats and held leadership roles at Godfrey pontoons and Hurricane deck boats [2]. - The CEO of MasterCraft, Brad Nelson, expressed confidence in O'Connell's leadership abilities and highlighted the importance of his role in navigating a challenging retail environment [3]. Group 2: Strategic Focus - The company aims to position its Crest and Balise brands to capitalize on consumer interest as it approaches the critical summer selling season [3]. - O'Connell emphasized the potential of the newly launched Balise product line and the leadership position of Crest in the pontoon industry, indicating a focus on long-term growth and success [3]. Group 3: Company Overview - MasterCraft Boat Holdings, Inc. is headquartered in Vonore, TN, and is a leading innovator, designer, manufacturer, and marketer of premium recreational powerboats through its brands: MasterCraft, Crest, and Balise [4]. - The company holds leading market share positions in two of the fastest-growing segments of the powerboat industry: performance sport boats and pontoon boats [4].
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].