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MasterCraft Boat (MCFT) - 2025 Q1 - Quarterly Results
2024-11-06 12:32
Exhibit 99.1 FOR IMMEDIATE RELEASE MasterCraft Boat Holdings, Inc. Reports Fiscal 2025 First Quarter Results VONORE, Tenn. – November 6, 2024 – MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2025 first quarter ended September 29, 2024. The overview, commentary, and results provided herein relate to our continuing operations, which exclude our former Aviara segment. Overview: ▪ Net sales for the first quarter were $65.4 million, down $28.9 million, or 30.7%, f ...
MasterCraft Boat Holdings, Inc. Reports Fiscal 2025 First Quarter Results
GlobeNewswire News Room· 2024-11-06 12:30
VONORE, Tenn., Nov. 06, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2025 first quarter ended September 29, 2024. The overview, commentary, and results provided herein relate to our continuing operations, which exclude our former Aviara segment. Overview: Net sales for the first quarter were $65.4 million, down $28.9 million, or 30.7%, from the prior-year periodIncome from continuing operations was $1.0 million, or $0.06 per diluted ...
MasterCraft Boat Holdings, Inc. to Webcast Fiscal First Quarter 2025 Earnings Conference Call Wednesday, November 6, 2024
GlobeNewswire News Room· 2024-10-23 12:00
VONORE, Tenn., Oct. 23, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal first quarter 2025 earnings conference call on Wednesday, November 6, 2024, at 8:30 a.m. EST. Brad Nelson, Chief Executive Officer, and Tim Oxley, Chief Financial Officer, will discuss the Company’s financial results. The Company will issue a pre-market earnings release prior to the call on November 6, 2024. Participants may access the conference call live vi ...
MasterCraft Boat Company Hosts Successful Dealer Meeting at Tennessee Factory, Honoring Legacy and Ushering in a New Era of Innovation & Partnership
GlobeNewswire News Room· 2024-10-17 20:30
VONORE, Tenn., Oct. 17, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) subsidiary and the world's best-selling towboat brand, recently hosted a dynamic dealer meeting at its state-of-the-art factory in Tennessee, bringing together its dealer network for a day of education, celebration, and forward-looking announcements. The all-day event provided a structured experience for nearly 170 attendees, with stations focused on product education, company history, ...
MasterCraft Boat: Cheap Manufacturer After Selling Assets And CEO Change
Seeking Alpha· 2024-09-26 23:05
MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT ) is making many changes inside the organization to fight the expected decline in consumer demand. In 2024, we saw a change of CEO and a change in the Board of Directors in combination London Stock Market Research is a service offered by an ex-investment banker from the city of London. After around 11 years in the industry, I decided to drop out, and made dollars out of what I learned in business. I appreciate value investments, and I usually buy companies that ...
MasterCraft Expects A Very Cautious FY2025
Seeking Alpha· 2024-08-31 10:13
GuyNichollsPhotography MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) reported the company's fiscal Q4 results on the 29th of August, also initiating the company's FY2025 outlook. The Q4 results were incredibly weak, as was already expected. On top, though, the initial FY2025 outlook shows very weak expectations going forward as well, in contrast to Malibu Boats' (MBUU) much better initial growth outlook for the same fiscal year period. From my previous article on the stock, "MasterCraft: Cloudy Industry Out ...
MasterCraft Boat's Q4 Earnings Beat Estimates, Stock Down
ZACKS· 2024-08-30 17:06
MasterCraft Boat Holdings, Inc. (MCFT) reported fourth-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. However, the top and the bottom line declined on a year-overyear basis. Following the results, the stock dropped 6% during trading hours on Aug 29. Negative investor sentiments were witnessed as the company reported lower-than-expected demand activity at the retail level. Management stated concerns about elevated interest rates and lingering competitor dealer d ...
MasterCraft Boat (MCFT) - 2024 Q4 - Annual Report
2024-08-29 22:56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: June 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 MASTERCRAFT BOAT HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delawar ...
MasterCraft Boat (MCFT) - 2024 Q4 - Earnings Call Transcript
2024-08-29 14:59
MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Q4 2024 Results Conference Call August 29, 2024 8:30 AM ET Company Participants Tim Oxley - Chief Financial Officer Brad Nelson - Chief Executive Officer Conference Call Participants Martin Mitela - Raymond James Drew Crum - Stifel Kevin Condon - Baird Operator Ladies and gentlemen, thank you for standing by, and welcome to the MasterCraft Boat Holdings, Inc. Fiscal Fourth Quarter and Full Year 2024 Earnings Conference Call. Please be advised that today's confer ...
MasterCraft Boat Holdings, Inc. (MCFT) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2024-08-29 13:51
MasterCraft Boat Holdings, Inc. (MCFT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 81.82%. 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 fou ...