Core Viewpoint - Twin Vee PowerCats Co. successfully closed the sale of a commercial property in Marion, North Carolina for $4.25 million, which is expected to positively impact its balance sheet [1] Company Summary - The property was initially intended for the construction of a manufacturing facility for Twin Vee's subsidiary, Forza X1, Inc. [1] - The sale price of $4.25 million will enhance Twin Vee's financial position [1]

Financial Data and Key Metrics Changes - Net sales increased approximately 13.5% year over year to $194.7 million, driven by increased unit volumes and inflation-driven price increases [11] - Adjusted EBITDA for the quarter increased 19.1% to $11.8 million, with adjusted EBITDA margin rising to 6.1% from 5.8% in the prior year [13] - GAAP net loss decreased 86.2% to a loss of $700,000 [13] - Consolidated net sales per unit increased 2.9% to $172,500 per unit [11] Business Line Data and Key Metrics Changes - In the Malibu segment, gross profit decreased 1% to $27.9 million, with gross margin as a percentage of sales at 14.3%, down 210 basis points year over year [12] - Unit volume increased 10.3% to 1,129 units, with Malibu and Axis brands representing approximately 47.7% of unit sales [11] - Saltwater fishing represented 25.5% and Cobalt made up the remaining 26.8% of unit sales [11] Market Data and Key Metrics Changes - Retail activities remained soft, with inventories entering the quarter slightly elevated [4] - The company expects the market to decline in the range of mid to high single digits for the year, with a continuation of high single digit to low double digit decline through the second quarter [15] Company Strategy and Development Direction - The company is focused on driving growth and long-term value creation through its Build, Innovate, and Grow framework, expanding capabilities beyond boat building into parts, accessories, and marine services [5] - A new financing partnership, MBI Acceptance, was launched to support dealer retail activity [5][6] - The company aims to protect dealer health, manage production with precision, and continue pushing innovation [9] Management's Comments on Operating Environment and Future Outlook - Management remains realistic about the broader marine environment, noting no clear inflection signaling a market recovery [9] - The company is maintaining its full-year guidance, expecting sales to be flat to down mid single digit percentage points [15] - Management expressed confidence in the ability to outperform the market while building for the next up cycle [10] Other Important Information - The company generated $2.5 million of free cash flow during Q1, inclusive of $4.3 million of capital expenditures [13] - The company anticipates consolidated adjusted EBITDA margin for the full year ranging from 8% to 9% [16] Q&A Session Summary Question: Impact of interest rates on consumer behavior - Management noted that consumer sentiment has improved with recent rate cuts, but retail finance rates will take time to reflect these changes [19] Question: Higher dealer incentives for Malibu brand - Management indicated that higher dealer incentives were related to clearing inventory and expected a competitive promotional environment moving forward [20] Question: Inventory management and expectations - Management stated that dealer inventories are expected to reduce across all segments, aligning production with market expectations [21][29] Question: Insights on MBI Acceptance rollout - Initial feedback on MBI Acceptance has been positive, with strong dealer engagement and early success in the rollout [32][34] Question: Discounting levels in the market - Management acknowledged that while discounting has cooled from previous excess inventory levels, the environment remains competitive [38] Question: Consumer purchasing behavior - Management observed no significant changes in the cash buyer versus payment buyer dynamic, with MBI Acceptance expected to provide more insights over time [55]

Financial Data and Key Metrics Changes - Third quarter sales increased by 7% year-over-year, marking the first quarter of growth in over two years [3][8] - Gross profit rose by 11% to $10.2 million, with a gross profit margin of 19.2%, up 80 basis points from the previous year [8] - SG&A expenses increased by 31% to $7.4 million, with SG&A as a percentage of sales rising to 13.9%, up 260 basis points [9] - Diluted EPS decreased to $0.07 from $0.10 in the prior year, while EBITDA fell by 15% to $3.7 million [9][10] - Year-to-date operating cash flow was $11.7 million, and free cash flow was $10.8 million [9] Business Line Data and Key Metrics Changes - The increase in sales was driven by a 7% net increase in price and mix, despite a slight decrease in the number of boats sold [7] - Field inventory was reduced by 6% year-over-year, indicating effective inventory management [4] Market Data and Key Metrics Changes - The marine industry is experiencing macro and geopolitical risks, but there is cautious optimism among industry players [3][5] - Interest rate cuts are anticipated to positively impact retail demand, although the effects may take time to materialize [5] Company Strategy and Development Direction - The company is focused on investing in new models and enhancing features within the Chaparral and Robalo brands [11] - Strategic growth opportunities and partnerships are being evaluated to enhance the company's portfolio [11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing positive feedback from dealers and a year-over-year increase in sales [11] - The company is cautiously optimistic about the impact of potential interest rate cuts on retail demand [5] Other Important Information - The company plans to liquidate its terminated supplemental executive retirement plan, expecting a net cash distribution of approximately $3 million [10] - The company finished the third quarter with $47.4 million in cash and no debt [10] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of immediate inquiries from analysts or investors [12]

Leading the Future of Marine FIRST QUARTER FISCAL 2026 EARNINGS RESULTS October 30, 2025 Use & Definition of Non-GAAP Financial Measures This presentations includes the following financial measures defined as non-GAAP financial measures by the Securities and Exchange Commission: Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Net Income per Share and Free Cash Flow. These measures have limitations as analytical tools and should not be considered as an alternative to, or more meaningfu ...

LOUDON, Tenn., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2025. First Quarter Fiscal 2026 Highlights Compared to First Quarter Fiscal 2025: Net sales increased 13.5% to $194.7 millionUnit volume increased 10.3% to 1,129 unitsGross profit decreased 1.0% to $27.9 millionGAAP net loss decreased 86.2% from a net loss of $5.1 million to a net loss of $0.7 millionGAAP net loss available to Class A Common Stoc ...

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 Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment Company Summaries - **nCino (NCNO)**: A provider of cloud-based software for financial institutions, with a 9.9% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - **Vertiv (VRT)**: A leading global provider of critical digital infrastructure and services for data centers and communication networks, experiencing a 7.6% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - **Bread Financial (BFH)**: A tech-forward financial services company offering personalized payment, lending, and saving solutions, with a 7.3% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - **Medpace (MEDP)**: A global full-service clinical contract research organization providing clinical development services, seeing a 3.6% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [4] - **MasterCraft Boat (MCFT)**: A company that designs, manufactures, and markets recreational powerboats, with a 3.4% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [5]

Core Viewpoint - Brunswick reported a strong third quarter with nearly 8% sales growth across all business units, indicating a stable consumer demand in the boating industry [1][3][4]. Sales Performance - The third quarter sales showed a significant recovery from the second quarter, which was affected by tariff announcements and market fluctuations [3]. - All four reporting segments of Brunswick exceeded guidance and consensus for both top and bottom lines, reflecting a solid quarter and positive consumer trends [4]. Consumer Behavior - The demand for premium boats remains robust, while value boat purchases have also stabilized, suggesting a strengthening consumer base [3][4]. - Gas prices have historically been low, and only when prices exceed $5 per gallon does it impact boating behavior, primarily leading to reduced usage rather than abandonment of boating [8]. Tariff Impact - Brunswick's tariff exposure is estimated to be around $75 million, primarily due to tariffs on components imported from China, despite only 5% of their supply base being from China [5][6]. - The company is actively working to reduce its reliance on imported components by increasing domestic sourcing and vertical integration [6][10]. Competitive Position - As a predominantly domestic manufacturer with production facilities in 21 states, Brunswick is well-positioned to handle a long-term environment of persistent tariffs, especially compared to competitors facing higher import tariffs [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 Viewpoint - Marine Products Corporation will release its financial results for Q3 2025 on October 30, 2025, before market opens, and will host a conference call to discuss these results [1]. Group 1: Financial Results Announcement - The financial results for the third quarter ended September 30, 2025, will be announced on October 30, 2025 [1]. - A conference call to review the financial and operating results will take place on the same day at 8:00 a.m. Eastern Time [1]. Group 2: Conference Call Participation - Individuals can participate in the conference call by dialing toll-free (888) 660-6357 or +1 (929) 201-6127 for international callers, using conference ID number 9979064 [2]. - The call will also be broadcast and archived for 90 days on the Company's investor website for those unable to join by telephone [2]. Group 3: Company Overview - Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brands Chaparral and Robalo [3]. - Chaparral's product offerings include sterndrive models such as SSi Sportboats, SSX Luxury Sportboats, and the SURF Series, as well as outboard models like OSX Luxury Sportboats and SSi Outboard Bowriders [3]. - Robalo specializes in outboard sport fishing models, including Center Consoles, Dual Consoles, and Cayman Bay Boats [3].