Overview - MasterCraft Boat Holdings, Inc. reported financial results for the second quarter of fiscal 2025, ending December 29, 2024, with a focus on continuing operations excluding the former Aviara segment [1][3] Financial Performance - Consolidated net sales for the second quarter were $63.4 million, a decrease of $26.4 million or 29.4% from the same period in fiscal 2024, primarily due to planned lower unit volumes and unfavorable model mix [4][8] - Gross margin percentage declined by 610 basis points to 17.2% compared to the prior-year period, attributed to unfavorable model mix and lower cost absorption from decreased production volume [5][22] - Income from continuing operations was $0.4 million, or $0.03 per diluted share, down from $8.7 million, or $0.51 per diluted share, in the prior-year period [5][31] - Adjusted net income was $1.7 million, or $0.10 per diluted share, compared to $9.5 million, or $0.55 per diluted share, in the prior-year period [6][31] - Adjusted EBITDA was $3.5 million, down from $12.9 million in the prior-year period, with an adjusted EBITDA margin of 5.6%, down from 14.4% [6][22] Operational Highlights - The company generated $13.9 million in cash flow from continuing operations despite low cycle production volumes, maintaining a strong balance sheet with $62.9 million in cash and investments [3][8] - The early boat show season results indicated strong demand for the new ultra-premium XStar lineup, contributing to positive momentum as the summer selling season approaches [3][8] Outlook - The company is narrowing its full-year guidance for fiscal 2025, expecting consolidated net sales between $275 million and $295 million, with adjusted EBITDA between $19 million and $24 million [13][8] - For the fiscal third quarter of 2025, consolidated net sales are anticipated to be approximately $75 million, with adjusted EBITDA of around $5 million [13][8]

MasterCraft Boat Holdings, Inc. (MCFT) is scheduled to report fiscal second-quarter 2025 results on Feb. 6. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 300%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Trend in MCFT’s Estimate RevisionFor the quarter to be reported, the Zacks Consensus Estimate for earnings is pegged as break-even. In the last quarter, the company reported adjusted earnings per share of 37 cents. In the past seve ...

Company Overview - MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) is a boat manufacturer selling brands such as MasterCraft, Crest, and Balise [1] Industry Trends - The boat manufacturing industry has shown weakness recently [1] - Dealers have lowered inventory levels [1] - Retail demand for boats has remained subdued [1] Investment Methodology - The author focuses on small cap companies in US, Canadian, and European markets [1] - Investment philosophy centers on identifying mispriced securities through understanding financial drivers [1] - Utilizes DCF model valuation to assess stock prospects and risk-reward profile [1] - Approach incorporates elements of value, dividend, and growth investing [1]

Earnings Webcast Details - MasterCraft Boat Holdings Inc will host a live webcast for its fiscal second quarter 2025 earnings conference call on February 6 2025 at 8:30 am EST [1] - The webcast will feature Brad Nelson CEO and Tim Oxley CFO discussing the company's financial results [1] - A pre-market earnings release will be issued prior to the call on February 6 2025 [1] Webcast Access Information - Participants can access the live webcast on the investor section of the company's website InvestorsMasterCraftcom [2] - Telephone participation requires advance registration with a confirmation email providing dial-in number 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 Tenn 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 is available on their respective websites [3] Investor Contact Information - John Zelenak Manager of Treasury & Investor Relations can be contacted via email at investorrelations@MasterCraftcom [4]

Event and Product Launch - MasterCraft Boat Company will showcase its newly redesigned flagship model, the XStar, at the Barrett-Jackson Auction in Scottsdale, Arizona, from January 19-26, 2025 [1] - The XStar lineup includes both the iconic 23-foot design and an all-new 25-foot model, featuring groundbreaking updates [2] - The event will also mark the official kick-off of MasterCraft's new partnership with Chevrolet, with a Silverado HD 2500 displayed alongside the XStar models [1][3] Product Features and Innovations - The XStar lineup sets a new standard for power, performance, and luxury, with bold upgrades enhancing the boating experience [4] - Key features include the all-new MAAX (MasterCraft Aft Audio Experience) System, a redesigned helm, and the cutting-edge Z100 tower [4] - The XStar is powered by the Ilmor Supercharged 6.2L engine, delivering 630 horsepower and 665 lb-ft of torque, paired with the SurfStar system and a redesigned hull and ballast configuration [4] Marketing and Sales Strategy - MasterCraft will launch a nationwide roadshow featuring over 100 stops, showcasing the Silverado HD 2500 and XStar models together [3] - Representatives from MasterCraft and its dealer partner, Wolf Watersports, will be available at the event to assist consumers in starting the order process for the 2025 XStar models [5] Company Background - MasterCraft is a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats, founded in 1968 [6] - MasterCraft Boat Holdings, Inc, headquartered in Vonore, TN, operates through its three brands: MasterCraft, Crest, and Balise, holding leading market share positions in performance sport boats and pontoon boats [7]

Core Insights - MasterCraft Boat Company is set to unveil its redesigned flagship model, the XStar, at the Barrett-Jackson Auction in Scottsdale, Arizona, from January 19-26, 2025, alongside a new partnership with Chevrolet [1][3] Group 1: Product Launch and Features - The XStar lineup includes a newly redesigned 23-foot model and an all-new 25-foot model, showcasing significant updates to enhance the boating experience [2] - Key features of the XStar include the MAAX (MasterCraft Aft Audio Experience) System for superior sound quality, a redesigned helm for intuitive control, and the Z100 tower for improved functionality [4] - The XStar is powered by the Ilmor Supercharged 6.2L engine, delivering 630 horsepower and 665 lb-ft of torque, paired with MasterCraft's SurfStar system and a redesigned hull and ballast configuration [4] Group 2: Marketing and Partnerships - The event at Barrett-Jackson serves as a launchpad for MasterCraft's partnership with Chevrolet, with the Silverado HD 2500 displayed alongside the XStar models [3] - Following the auction, MasterCraft will embark on a nationwide roadshow with over 100 stops to showcase the Silverado HD 2500 and XStar models together [3] Group 3: Company Background - MasterCraft Boat Holdings, Inc. is a leading innovator in the premium recreational powerboat market, with a strong presence in performance sport boats and pontoon boats [7] - The company has a rich history of innovation since its founding in 1968, aiming to build the world's best ski, wakeboard, wakesurf, and luxury performance powerboats [6]

Completely Redesigned From Bow to Stern, The 23- and 25-Foot XStar Models Combine Legendary Performance With Cutting-Edge Innovation and Bold New Styling Upgrades Include New MAAX Audio, Z100 Tower, All-New 4 Camera Visibility System, Completely Redesigned Helm and Transom, Reimagined Design, Luxurious Interior and Standard Supercharged Engine VONORE, Tenn., Jan. 08, 2025 (GLOBE NEWSWIRE) -- MasterCraft Boat Company, a MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) subsidiary and the best-selling towboat bra ...

Core Viewpoint - MasterCraft Boat Company has launched a completely redesigned XStar lineup, featuring new 23-foot and 25-foot models that combine legendary performance with innovative technology and luxurious design [1][4]. Product Features - The new XStar models introduce the MasterCraft Aft Audio Experience (MAAX), a state-of-the-art audio system with six subwoofers, ten interior cockpit speakers, four tower speakers, and six transom speakers, providing a total of 4,200 watts of peak power, which is approximately 100% more than current systems [2][9]. - The Z100 tower features power folding with dual switch stations, redesigned side tows, and integrated audio pods, enhancing both functionality and aesthetics [2][15]. - The XStar lineup is powered by the Ilmor Supercharged 6.2L engine, delivering 630 horsepower and 665 lb-ft of torque, making it the most powerful towboat engine in the world [5]. Performance and Technology - Equipped with the SurfStar system, the XStar models offer adjustable wave performance, allowing for professional-grade waves in minutes with MasterCraft's FastFill technology, which fills ballast tanks at a rate of approximately 60 gallons or 500 lbs per minute [6][8]. - The new 4-Camera Visibility System enhances safety and situational awareness by providing real-time monitoring of the surroundings [10]. Design and Comfort - The XStar's interior features luxurious materials, customizable seating options, and advanced ergonomics, including a U-shaped cockpit and redesigned transom loungers [12][13]. - Unique to the XStar 25, the A-frame structure behind the helm seat serves multiple functions, including a comfortable rear-facing seat and an optional integrated refrigerator [14]. Customer Support and Services - MasterCraft offers the XStar Concierge program, providing personalized service and proactive support for owners, enhancing the overall ownership experience [18]. - The MasterCare warranty program offers a five-year, 500-hour warranty, ensuring customer satisfaction and reliability [17]. Market Position - MasterCraft Boat Holdings, Inc. is recognized as a leading innovator in the premium recreational powerboat market, with a strong focus on performance sport boats and pontoon boats [21].

MasterCraft Boat Holdings, Inc. (MCFT) has experienced a remarkable 16.6% increase in its stock price in the past month, outpacing the industry’s 13.9% growth. The stock has also outperformed the 4.7% rise of the S&P 500.On Tuesday, the stock closed at $20.55, below its 52-week high of $24.05 but above its 52-week low of $16.12. In the past three months, MCFT has outpaced its industry peers Malibu Boats, Inc.’s (MBUU) 0.4% gain, OneWater Marine Inc.’s (ONEW) 8.4% decline and Marine Products Corporation’s (M ...

MasterCraft Boat Holdings, Inc. (MCFT) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Si ...