Malibu and Axis boats
Search documents
Malibu Boats, Inc. Recognized with Five NMMA CSI Awards Across Multiple Brands
Globenewswire· 2026-02-12 20:37
Core Insights - Malibu Boats, Inc. has received five Customer Satisfaction Index (CSI) Awards from the National Marine Manufacturers Association (NMMA) for its brands, highlighting its commitment to customer satisfaction in the recreational boating industry [1][2]. Group 1: Awards and Recognition - The NMMA CSI Awards recognize boat brands that achieve high levels of customer satisfaction based on surveys of boat buyers [2]. - Malibu and Axis brands were honored in the Ski, Wake & Surf Boats segment, while Cobalt, Pursuit, and Pathfinder were recognized in the Fiberglass Outboard Boats segment [2]. Group 2: Company Commitment - The CEO of Malibu Boats, Inc., Steve Menneto, emphasized that these awards reflect the company's commitment to delivering exceptional products and ownership experiences [3]. - Customer satisfaction is considered one of the most important measures of success for the company, as indicated by the recognition across multiple brands and segments [3]. Group 3: Industry Benchmark - The NMMA CSI program is regarded as the benchmark for customer satisfaction in the marine industry, with awards based on feedback from verified boat owners [3]. - Manufacturers must meet or exceed a rigorous satisfaction threshold set by the NMMA to qualify for these awards [3]. Group 4: Company Overview - Malibu Boats, Inc. is based in Loudon, Tennessee, and is a leading designer and manufacturer of a diverse range of recreational powerboats [5]. - The company is a market leader in the performance sport boat category through its Malibu and Axis brands and holds leading positions in various segments of the sterndrive and saltwater fishing boat markets [5]. - Malibu Boats, Inc. focuses on innovation, quality craftsmanship, and customer-centric design to serve a broad range of recreational boating customers worldwide [4].
Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Second Quarter Fiscal 2026 Financial Results
Globenewswire· 2026-01-22 21:30
Core Viewpoint - Malibu Boats, Inc. is set to release its second quarter fiscal 2026 financial results on February 5, 2026, before market opening, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - The financial results will be released on February 5, 2026, before the market opens [1]. - A conference call will be hosted by the company's President and CEO, Steve Menneto, and CFO, David Black, at 8:30 a.m. Eastern Time on the same day [1]. Group 2: Conference Call Participation - Investors and analysts can participate in the conference call by dialing (844) 695-5523 or (412) 317-0699 [2]. - A live webcast of the conference call will be available on the Investor Relations section of the company's website, with a replay archived for twelve months [2]. Group 3: Company Overview - Malibu Boats, Inc. is based in Loudon, Tennessee, and is a leading designer, manufacturer, and marketer of recreational powerboats [3]. - The company is a market leader in various segments, including performance sport boats, sterndrive boats, and saltwater fishing boats, with brands such as Malibu, Axis, Cobalt, Pursuit, and Cobia [3]. - Malibu Boats is recognized as an innovator in the powerboat industry, catering to a diverse range of recreational boaters and water sports enthusiasts [3].
Malibu Boats Inc. Expands Share Repurchase Program to $70 Million
Globenewswire· 2025-12-19 12:00
Core Insights - Malibu Boats, Inc. has increased its share repurchase program from $50 million to $70 million, reflecting the board's confidence in the company's long-term strategy and financial position [1][2] - The company aims to balance investing in its core business while returning excess capital to shareholders, indicating a commitment to delivering shareholder value [2] Financial Performance - In the second quarter, Malibu Boats repurchased $20.7 million of shares under the existing repurchase program, demonstrating active capital allocation [3] Company Overview - Malibu Boats, Inc. is a leading designer and manufacturer of recreational powerboats, including performance sport, sterndrive, and outboard boats, with a strong market presence in various segments [4] - The company is recognized for its innovation in the powerboat industry, catering to a diverse range of recreational boaters and water sports enthusiasts [4]
Malibu Boats, Inc. Announces Appointment of David Black to Chief Financial Officer
Globenewswire· 2025-11-13 12:00
Core Viewpoint - Malibu Boats, Inc. has appointed David S. Black as Chief Financial Officer to enhance financial performance and support future growth initiatives through acquisitions and strategic planning [1][3]. Company Leadership - David S. Black, previously Vice President of Finance and interim CFO, has over 19 years of experience in accounting and finance, including roles as Corporate Controller and Director of Internal Audit [2][3]. - The CEO, Steve Menneto, expressed confidence in Black's ability to drive the company's growth and financial strategy, emphasizing his understanding of the business and strategic vision [3]. Fiscal Guidance - For fiscal year 2026, Malibu Boats anticipates net sales to be flat to down mid-single digits percentage points year-over-year, with an Adjusted EBITDA margin ranging from 8% to 9% [4]. - The company has not provided reconciliations for the Adjusted EBITDA margin due to the unpredictability of certain costs related to vertical integration, stock-based compensation, and litigation [5]. Company Overview - Malibu Boats, Inc. is a leading designer and manufacturer of recreational powerboats, including performance sport, sterndrive, and outboard boats, with a strong market presence in various segments [6].
Malibu Boats, Inc. Announces Upcoming Investor Day
Globenewswire· 2025-08-21 20:30
Core Viewpoint - Malibu Boats, Inc. is set to host an Investor Day on September 25, 2025, to discuss growth strategies and value creation [1][2]. Company Overview - Malibu Boats, Inc. is a leading designer, manufacturer, and marketer of recreational powerboats, including performance sport, sterndrive, and outboard boats [4]. - The company holds a market leadership position in the performance sport boat category through its Malibu and Axis brands, and in the 20' - 40' segment of the sterndrive category via its Cobalt brand [4]. - Malibu Boats is also a key player in the saltwater fishing boat market with brands such as Pursuit, Cobia, Pathfinder, Maverick, and Hewes [4]. - The company is recognized as an innovator in the powerboat industry, catering to a diverse range of recreational boaters and water sports enthusiasts [4]. Event Details - The Investor Day will feature presentations and discussions with the leadership team, covering the company's strategy, long-term financial targets, and capital allocation priorities [2]. - The event will be available via live webcast, allowing for virtual participation and a Q&A session [3]. - Interested investors can register for the virtual event through the company's website, and a recording will be made available post-event [3].