Financial Performance - Net sales reached $69 million, a 5.6% increase compared to Q1 FY25[21, 23] - Adjusted EBITDA was $6.7 million, up $2.9 million from $3.8 million in Q1 FY25[21, 23] - Adjusted diluted net income per share was $0.28, an increase of $0.16 from $0.12 in Q1 FY25[21, 24] Balance Sheet and Capital Allocation - The company maintains a strong financial position with approximately $67 million in cash and investments and no debt[21] - The company returned $2.3 million of capital through a share repurchase program[21] - Capital expenditures (TTM) were $10.1 million[27] - Share repurchases (TTM) amounted to $8.4 million[27] Operational Highlights - Wholesale units totaled 565, a 2.5% increase from 551 in Q1 FY25[23] - Dealer inventories decreased by approximately 26% year-over-year and approximately 40% from FY19[21] FY26 Guidance - The company expects Q2 FY26 net sales to be approximately $69 million[30] - The company expects Q2 FY26 adjusted EBITDA to be approximately $5 million[30] - The company expects Q2 FY26 adjusted DEPS to be approximately $0.16[30] - The company anticipates FY26 net sales to be between $295 million and $310 million[30] - The company anticipates FY26 adjusted EBITDA to be between $30 million and $35 million[30] - The company anticipates FY26 adjusted DEPS to be between $1.18 and $1.43[30] - The company anticipates FY26 capital expenditures to be approximately $9 million[30]

Financial Performance - Consolidated net sales for Q1 fiscal 2026 were $69.0 million, an increase of $3.6 million or 5.6% compared to the prior year[4] - Income from continuing operations was $3.7 million, or $0.22 per diluted share, up from $1.0 million, or $0.06 per diluted share in the prior-year period[7] - Adjusted Net Income for Q1 fiscal 2026 was $4.5 million, or $0.28 per diluted share, compared to $1.9 million, or $0.12 per diluted share in the prior-year period[7] - Adjusted EBITDA was $6.7 million, up $2.9 million from the prior-year period, with an adjusted EBITDA margin of 9.7%, up from 5.9%[8] - The company expects full year fiscal 2026 consolidated net sales to be between $295 million and $310 million, with Adjusted EBITDA between $30 million and $35 million[10] - For Q2 fiscal 2026, consolidated net sales are expected to be approximately $69 million, with Adjusted EBITDA of approximately $5 million[11] Sales and Unit Performance - MasterCraft's consolidated unit sales volume increased by 2.5% to 565 units in Q3 2025, compared to 551 units in Q3 2024[23] - Consolidated net sales rose by 5.6% to $69,002 thousand in Q3 2025, up from $65,359 thousand in Q3 2024[23] - The company reported a significant increase in pontoon unit sales by 6.2%, reaching 188 units in Q3 2025[23] Profitability Metrics - Gross margin percentage increased by 420 basis points during Q1 fiscal 2026, primarily due to increased net sales and effective cost controls[6] - Gross margin improved by 420 basis points to 22.3% in Q3 2025, compared to 18.1% in Q3 2024[23] - Adjusted EBITDA for Q3 2025 was $6,705 thousand, representing a margin of 9.7%, compared to $3,842 thousand and a margin of 5.9% in Q3 2024[31] - Adjusted Net Income increased to $4,532 thousand in Q3 2025, up from $1,938 thousand in Q3 2024[31] - Adjusted Net Income per diluted share rose to $0.28 in Q3 2025, compared to $0.12 in Q3 2024[32] - Income from continuing operations increased to $3,656 thousand in Q3 2025, up from $1,016 thousand in Q3 2024[31] Cash Flow and Shareholder Returns - Free cash flow for Q3 2025 was negative at $(10,127) thousand, compared to $(2,707) thousand in Q3 2024[32] - Share repurchases during the quarter amounted to $2.3 million[4] Strategic Initiatives - The company launched the new MasterCraft X24 model, enhancing brand excitement and momentum[3] - MasterCraft maintains a debt-free balance sheet, considered one of the strongest in the industry, allowing for confident investments throughout the cycle[3] Taxation - MasterCraft's income tax expense for fiscal 2026 reflects an income tax rate of 23.0%[33]

Overview - MasterCraft Boat Holdings, Inc. reported financial results for the first quarter of fiscal 2026, ending September 28, 2025, with consolidated net sales of $69.0 million, an increase of $3.6 million or 5.6% from the previous year [4][6][14] - The company experienced a strong performance despite macroeconomic uncertainties and a dynamic retail environment, supported by disciplined cost controls and effective production planning [3][9] Financial Performance - Consolidated net sales increased to $69.0 million, driven by higher prices, increased unit volumes, favorable option sales, and reduced dealer incentives, partially offset by an unfavorable model mix [4][6] - Gross margin percentage improved by 420 basis points to 22.3% compared to the prior year, attributed to increased net sales and effective cost management [5][24] - Income from continuing operations rose to $3.7 million, or $0.22 per diluted share, compared to $1.0 million, or $0.06 per diluted share, in the prior-year period [6][20] - Adjusted net income for the quarter was $4.5 million, or $0.28 per diluted share, up from $1.9 million, or $0.12 per diluted share, in the previous year [6][34] - Adjusted EBITDA was reported at $6.7 million, an increase of $2.9 million from the prior year, with an adjusted EBITDA margin of 9.7% [7][25] Operational Highlights - The company successfully managed dealer inventories, which returned to normal levels, and launched the new MasterCraft X24 model, generating positive sentiment among dealers [3][9] - Unit sales for MasterCraft boats increased by 0.8% to 377 units, while pontoon unit sales rose by 6.2% to 188 units, contributing to a consolidated unit sales increase of 2.5% [24] - The financial position remains strong, with a debt-free balance sheet, allowing for continued investment in innovation and shareholder returns through share repurchases [3][9] Outlook - The company raised its full-year earnings guidance based on the strong performance in Q1 and positive operational trends, indicating readiness for a return to a more normalized environment [9][14] - For fiscal 2026, consolidated net sales are expected to be between $295 million and $310 million, with adjusted EBITDA projected between $30 million and $35 million [14]

Industry Overview - The leisure industry is experiencing robust demand for recreational products, particularly in the golf sector, supported by elevated disposable incomes and stable employment levels [1][3] - Companies are focusing on business model transformation through AI-driven efficiency initiatives and enhanced digital engagement to improve customer acquisition and retention [1][4] - Infrastructure investments and portfolio expansions are expected to provide a positive impact on growth [1] Golf Industry Insights - The U.S. golf equipment market is projected to generate approximately $2.67 billion in revenues by 2025, with a compound annual growth rate of 3.88% from 2025 to 2030 [3] - U.S. consumers are expected to contribute $7.78 on a per capita basis to the golf market, while China is anticipated to lead globally with projected revenues of around $9 billion in 2025 [3] Product Development and Market Trends - Companies are emphasizing premium product launches, including next-generation golf balls, clubs, and performance footwear, to enhance player experience and brand loyalty [4] - The boat industry is focusing on maintaining stability through right-sizing channel inventories and innovative product development [5] - The cruise industry is gaining momentum due to increased onboard spending and targeted investments in marketing and pricing optimization [7] Performance Expectations - MasterCraft Boat Holdings, Inc. is expected to report strong performance due to premium product demand and innovation, with an Earnings ESP of +4.08% [12][13] - Melco Resorts & Entertainment Limited is likely to benefit from strength in Macau's gaming market, with an Earnings ESP of +9.09% [14][15] - Planet Fitness, Inc. is anticipated to see growth from steady membership increases and franchise expansion, with an Earnings ESP of +2.03% [16][17]

Award-Winning Dealership to Enhance Local MasterCraft Customer Experience with Exceptional Service and Proven On-Water ExpertiseVONORE, Tenn., Nov. 03, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Company, LLC, a MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) subsidiary and the world's best-selling towboat brand, today announced it has added Northwest Inboards, a trusted name in the Pacific Northwest, as an official MasterCraft dealership. With a long-standing reputation for marine and towboat expertise, North ...

Core Insights - MasterCraft Boat Holdings, Inc. (MCFT) is positioned to continue its earnings-beat streak, particularly noted for its recent performance in the Zacks Leisure and Recreation Products industry [1] - The company has achieved an average earnings surprise of 94.44% over the last two quarters, indicating strong performance against earnings estimates [1] Earnings Performance - For the most recent quarter, MasterCraft reported earnings of $0.4 per share, surpassing the expected $0.18 per share, resulting in a surprise of 122.22% [2] - In the previous quarter, the company reported $0.3 per share against an expectation of $0.18 per share, leading to a surprise of 66.67% [2] Earnings Estimates and Predictions - Estimates for MasterCraft have been trending higher, supported by its history of earnings surprises [5] - The company currently has a positive Earnings ESP of +4.08%, indicating bullish sentiment among analysts regarding its earnings prospects [8] - The combination of a positive Earnings ESP and a Zacks Rank 1 (Strong Buy) suggests a high likelihood of another earnings beat in the upcoming report [8] Statistical Insights - Research indicates that 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 [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]

Core Viewpoint - MasterCraft Boat Holdings, Inc. (MCFT) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][4][6]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for MasterCraft Boat Holdings, Inc. for the fiscal year ending June 2026 is projected at $1.28 per share, unchanged from the previous year [9]. - Over the past three months, analysts have increased their earnings estimates for the company by 13.5%, reflecting a positive trend in earnings outlook [9]. Zacks Rating System - The Zacks rating system is based on changes in earnings estimates, which are crucial for predicting near-term stock price movements [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - MasterCraft Boat Holdings, Inc. is now positioned in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [10][11].

Core Viewpoint - MasterCraft Boat Holdings, Inc. will host a live webcast for its fiscal first quarter 2026 earnings conference call on November 6, 2025, at 8:30 a.m. EST, where financial results will be discussed by the CEO and CFO [1][2]. Company Overview - MasterCraft Boat Holdings, Inc. is headquartered in Vonore, Tennessee, and is recognized as a leading innovator, designer, manufacturer, and marketer of recreational powerboats under its three brands: MasterCraft, Crest, and Balise [3]. - For more information about the company and its brands, stakeholders can visit the respective websites [3]. Investor Relations - The company provides an option for participants to access the conference call live via webcast on its investor section of the website, with a registration process for telephone participation [2][4]. - A replay of the conference call and webcast will be archived on the company's website for future access [2].

Core Insights - MasterCraft Boat Company is relaunching the Rider Experience series in partnership with the World Wake Association (WWA), marking a significant commitment to growing watersports participation and community engagement [1][3][4] Group 1: Event Series Overview - The MasterCraft WWA Rider Experience series will consist of five stops across the country in 2026, each accommodating up to 100 participants [4][5] - The series aims to create pathways for riders of all levels, from beginners to aspiring national champions, emphasizing inclusivity and long-term progression [4][3] Group 2: Partnership and Goals - The partnership between MasterCraft and WWA is designed to enhance the event experience, expand access, and provide meaningful opportunities for enthusiasts [3][4] - The collaboration aims to showcase the energy of wakesports and inspire a new generation of riders, leveraging MasterCraft's brand leadership and WWA's community credibility [7][4] Group 3: Event Features - Each event will include professional coaching from MasterCraft's athletes, community-building activities, and national qualifying opportunities for competitive riders [5][6] - The series will feature the all-new MasterCraft X24, which is expected to elevate the competitive experience in wakesports [7] Group 4: Company Background - MasterCraft is recognized for its industry-leading quality, comfort, and craftsmanship in premium performance sport boats, with a focus on innovative design and superior ride characteristics [8][10] - The company has a rich history of innovation since its founding in 1968 and continues to aim for excellence in the watersports industry [10][11]

Core Insights - MasterCraft Boat Company has unveiled its 2026 model year lineup, featuring class-leading performance, unmatched craftsmanship, and proven reliability, highlighted by the completely redesigned X24 model [1][12]. Product Features - The 2026 lineup introduces advanced technology and stylish design, including a new audio system called MasterCraft SoundStage, keyless digital ignition, and a new stern thruster for improved maneuverability [5][6][7][8]. - Enhanced lighting features across all models, including full RGB lighting on NXT and new storage-area LEDs on XT models, improve visibility and aesthetics [9]. - Functional upgrades include optional valuables drawers, upgraded battery charger ports, and new rear entry access on mooring covers [10]. Design and Customization - The X24 model showcases a reengineered hull for better wake and wave performance, expanded cockpit space, and smarter storage solutions, accommodating up to two boards per side [13][14]. - The lineup offers new gel and flake colors, vinyl and flooring options, and updated tower color options for further personalization [11]. Brand Mission and Legacy - MasterCraft emphasizes its commitment to delivering industry-leading quality and performance, focusing on comfort and innovative design for drivers, riders, and passengers [20]. - With nearly 60 years of industry leadership, MasterCraft continues to innovate and create memorable experiences for boaters [2][22].