, /PRNewswire/ -- Marine Products Corporation (NYSE:Â MPX) announced today that it will release its financial results for the third quarter ended September 30, 2025 on Thursday, October 30, 2025 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, October 30, 2025 at 8:00 a.m. Eastern Time. Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, o ...

PresentationBruce BeckmanChief Financial Officer Hello, and good morning. I'm Bruce Beckman, Chief Financial Officer. And on behalf of the entire Malibu Boats team, I'd like to welcome you to our 2025 Investor Day. We have a great lineup of presentations for you today, followed by a 30-minute Q&A session. We have QR codes for those of you in the room to log your questions, and we'll also be taking questions from those joining us virtually. For those in the room, our team will pass around the mic for you to ...

Malibu Boats Investor Day Summary Company Overview - **Company**: Malibu Boats (NasdaqGM: MBUU) - **Event**: 2025 Investor Day held on September 25, 2025 - **Industry**: Marine and Boat Manufacturing Key Points and Arguments Management and Strategy - A new management team is in place, aiming to share the company's future direction and engage with stakeholders [3][4] - The company emphasizes a strategy of "build, innovate, and grow" to enhance customer experience and operational efficiency [6][10][12] Historical Context - Malibu Boats was founded in 1982 in California and later moved to Tennessee, a hub for boat manufacturing [5] - The company has expanded through acquisitions, including the Cobalt line in 2018 and Pursuit thereafter [5][6] Business Growth and Market Position - Malibu Boats operates eight manufacturing locations and has over 300 dealers globally, producing more than 85 boat models [6] - The company is the leading manufacturer of fiberglass boats, with a focus on customer satisfaction and innovation [6][9] Financial Performance - The company anticipates a return to mid-cycle performance, projecting revenues of approximately $1.3 billion with a 17.5% EBITDA margin if market conditions stabilize [17] - There is potential for outperformance, targeting $1.5 billion in revenue and a 20% EBITDA margin through improved execution [18] Innovation and Product Development - Continuous innovation is a core focus, with plans to introduce new products and features that enhance customer experience [11][31] - The company has a robust pipeline of new models, with four new models launched annually for the past decade [48] Market Opportunities - The total addressable market for boat building is estimated at $6 billion, with significant growth potential in marine services and technology [14] - The company aims to expand its market share through strategic M&A and by addressing white space opportunities in the market [12][51] Dealer Relationships - Strong relationships with dealers are emphasized, with an average partnership duration of over 12 years [46] - The company is focused on enhancing dealer support and engagement to drive retail success [21][66] Vertical Integration - Vertical integration is a key strategy, allowing for better control over quality, supply chain, and manufacturing processes [44][64] - Recent expansions in facilities and capabilities are designed to enhance operational efficiency and scalability [62][63] Customer Focus - The company prioritizes customer-centric strategies, aiming to meet diverse consumer needs across various boating activities [40][42] - There is a growing trend of first-time buyers seeking premium products that align with active lifestyles [42] Additional Important Content - The company has a disciplined approach to capital investment and M&A, ensuring alignment with strategic goals [34] - The focus on operational excellence includes continuous improvement initiatives to enhance manufacturing efficiency and reduce costs [20][62] - The introduction of innovative features, such as the NextGen LT4 engine and advanced touchscreen technology, positions Malibu as a leader in the industry [49][50] This summary encapsulates the key insights and strategic directions discussed during the Malibu Boats 2025 Investor Day, highlighting the company's commitment to innovation, customer satisfaction, and market leadership in the marine industry.

Core Insights - Malibu Boats, Inc. is hosting an Investor Day to present its strategic plan aimed at driving growth and enhancing long-term value creation [1][2] - The event will include presentations from the CEO and CFO, followed by a Q&A session to provide insights into the company's strategy, growth objectives, and capital allocation priorities [2][3] Event Details - Presentations will start at approximately 10:00 a.m. ET on September 25, 2025, lasting for two hours, followed by a thirty-minute Q&A session [3] - The event will be available via live webcast, allowing virtual participation in the Q&A session, with an archived version accessible shortly after the event [3][4] Company Overview - Malibu Boats, Inc. is a leading designer, manufacturer, and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive, and outboard boats [5] - The company holds a market-leading position in the performance sport boat category through its Malibu and Axis brands, and is also a leader in the 20' - 40' segment of the sterndrive boat category with its Cobalt brand [5] - Malibu Boats is recognized as an innovator in the powerboat industry, catering to a wide range of recreational boaters, fishermen, and water sports enthusiasts [5]

Company Performance - Brunswick Corporation (NYSE:BC) announced an award-winning performance at the 2025 Cannes Boat Show [2] - The company reported an increase in year-over-year boat sales [2] - Brunswick also gained market share in the outboard segment [2] - The company received several notable industry awards during the event [2] Industry Insights - The performance at the Cannes Boat Show highlights positive trends in the boating industry [2] - Increased boat sales and market share suggest a growing demand for recreational boating [2]

Core Insights - Malibu Boats, Inc. has announced a six-year global partnership with the International Waterski & Wakeboard Federation (IWWF) starting January 1, 2026, to support premier waterski, wakeboard, and wakesurf events, making Malibu the exclusive official towboat partner [1][4] Company Overview - Malibu Boats, Inc. is a leading designer, manufacturer, and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive, and outboard boats [5] - The company is the market leader in the performance sport boat category through its Malibu and Axis brands and holds a leading position in the 20'–40' segment of the sterndrive boat category with its Cobalt brand [5] - Malibu Boats is recognized as a preeminent innovator in the powerboat industry, appealing to a broad range of recreational boaters and watersports enthusiasts [5] Partnership Details - The partnership will feature two elite Malibu models: the Response TXi and the Malibu M230, both known for their precision, power, and innovation in competitive watersports [2][3] - The Response TXi has set more world records in waterskiing than any other boat, while the M230 is favored by professional riders for its performance [2][4] - This collaboration aims to enhance athlete development and expand the reach of towed watersports globally [4]

Group 1 - MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) has shown notable improvements in its operations three months after the initial analysis, supported by a robust balance sheet that assures sustainability [1] - The company operates in the logistics sector and has been involved in stock investing and macroeconomic analysis for nearly a decade, focusing on ASEAN and NYSE/NASDAQ stocks, particularly in banks, telecommunications, logistics, and hotels [1] - The analyst has diversified investments across different industries and market cap sizes, holding stocks for both retirement and trading profits [1] Group 2 - The analyst has entered the US market in 2020, gaining awareness of it through a trading account managed for a relative, which led to the decision to open a personal account [1] - The analyst has been using analyses from Seeking Alpha to compare with those conducted in the Philippine market since discovering the platform in 2018 [1]

Group 1 - MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) has shown notable improvements in its operations three months after the initial analysis, supported by a robust balance sheet that assures sustainability [1] - The company operates in the logistics sector and has been involved in stock investing and macroeconomic analysis for nearly a decade, focusing on ASEAN and NYSE/NASDAQ stocks, particularly in banks, telecommunications, logistics, and hotels [1] - The analyst has diversified investments across different industries and market cap sizes, holding stocks for retirement as well as for trading profits [1] Group 2 - The analyst has entered the US market in 2020, gaining awareness through a trading account managed by a relative, which led to the decision to open a personal account [1] - The analyst has been using analyses from Seeking Alpha to compare with those conducted in the Philippine market, indicating a cross-market investment strategy [1]

Core Insights - Malibu Boats (MBUU) reported revenue of $207.04 million for the quarter ended June 2025, marking a year-over-year increase of 30.5% and exceeding the Zacks Consensus Estimate of $195.8 million by 5.74% [1] - The company's EPS for the same period was $0.42, a significant improvement from -$0.39 a year ago, although it fell short of the consensus estimate of $0.44 by 4.55% [1] Revenue Breakdown - Revenue from Malibu products reached $80.3 million, surpassing the average estimate of $56.75 million by two analysts, reflecting a year-over-year increase of 114.1% [4] - Cobalt products generated $53.8 million in revenue, which was below the average estimate of $62.1 million, but still represented a year-over-year increase of 7.2% [4] - Saltwater Fishing products reported revenue of $72.9 million, falling short of the average estimate of $83 million, with a year-over-year change of 2.7% [4] Stock Performance - Over the past month, shares of Malibu Boats have returned +16.4%, significantly outperforming the Zacks S&P 500 composite's +1.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Financial Data and Key Metrics Changes - In Q4, net sales increased by 30.4% to $207 million, and unit volume increased by 16.8% to 1,221 boats [20] - For the full fiscal year 2025, net sales decreased by 2.6% to $807.6 million, and unit volume decreased by 9% to 4,898 boats [24] - Q4 adjusted EBITDA increased to $19.7 million, with an adjusted EBITDA margin of 9.5% [22] - GAAP net income for Q4 increased to $4.8 million, and adjusted net income per share increased by 205% to $0.42 [23] Business Line Data and Key Metrics Changes - The Malibu and Axis brands represented approximately 46.6% of unit sales, while Cobalt represented 26.9% and saltwater fishing represented 26.5% [20] - Adjusted EBITDA margin for the Malibu segment increased to 19.4% for fiscal year 2025 from 15.3% in fiscal year 2024 [26] - Adjusted EBITDA margin for the saltwater fishing segment decreased to 9.5% from 10.8%, and for the Cobalt segment decreased to 8.3% from 10.2% [27] Market Data and Key Metrics Changes - Initial market data suggests that fiscal Q4 was the weakest quarter of the year, with the broader market down mid-teens percentage points [10] - The company anticipates a modest direct impact from tariffs on fiscal year 2026 structure estimated between 1.5% to 3% cost of sales [17] Company Strategy and Development Direction - The company plans to introduce 11 new model year 26 boats while maintaining a commitment to quality and safety [8] - The focus remains on aligning wholesale with retail and supporting dealer health [10][12] - The company is committed to customer-centric innovation and environmental responsibility [15] Management's Comments on Operating Environment and Future Outlook - Management acknowledges a challenging retail environment and macroeconomic uncertainty affecting consumer sentiment [6][10] - The company expects gradual improvement in fiscal year 2026, with net sales anticipated to be flat to down mid-single digits [29] - Management emphasizes a disciplined approach to expectations, aligning with real-time market conditions [18] Other Important Information - The company generated $29 million in free cash flow for the year and returned $36 million to shareholders through share repurchases [9][27] - The balance sheet remains strong with $19 million of net cash and over $300 million of untapped liquidity [27] Q&A Session Summary Question: Inventory levels and destocking expectations - Management indicated that elevated inventory levels are modest, around one to two weeks, and will be addressed in fiscal year 2026 guidance [33][34] Question: Impact of tariffs on pricing - Management is exploring multiple mitigation strategies for tariffs, including supply chain adjustments, and has incorporated expected cost increases into guidance [36] Question: Retail outlook and dealer health - Management expects the retail market to remain similar to the previous year, focusing on gaining market share in a declining market [47][49] Question: Pricing and cost offsets - Management confirmed that some mitigation efforts occurred in the previous fiscal year, and price increases will be necessary due to additional costs [61][63] Question: Long-term debt and capital strategy - Management clarified that the presence of long-term debt is due to the use of a credit facility for working capital, with a strong net cash position [67][68] Question: Sensitivity analysis for EBITDA margin recovery - Management noted that stabilizing the market would help eliminate the need for destocking, which could drive revenue and profit growth [70]