Core Insights - MasterCraft Boat reported fiscal second-quarter 2026 results that exceeded internal expectations, with consolidated net sales of $71.8 million, up 13.2% year-over-year, and a gross margin improvement to 21.6% [4][7][8] Financial Performance - Operating expenses increased to $12.8 million, up $2.1 million from the prior year, due to costs associated with a new ERP system, business development, and higher selling and marketing costs [1] - Adjusted net income was $4.7 million, or $0.29 per diluted share, compared to $1.7 million, or $0.10 per share, a year earlier [8] - Adjusted EBITDA rose to $7.5 million, up from $3.5 million last year, with an adjusted EBITDA margin improvement to 10.4% from 5.6% [8] Inventory and Demand - Pipeline inventory levels improved by approximately 25% year-over-year, with management maintaining a full-year assumption of a 5% to 10% decline in retail demand [9][10] - The company is entering the spring selling season with "right-sized" dealer inventories and a focus on innovation and cost efficiencies [3] Strategic Initiatives - MasterCraft announced a definitive agreement to combine with Marine Products Corporation, which is expected to broaden its brand portfolio and dealer footprint [4][6] - The transaction is valued at $232.2 million, with Marine Products shareholders receiving 0.232 shares of MasterCraft stock plus $2.43 in cash per share [6][18] - The combined company is expected to achieve approximately $6 million in annual cost savings and be accretive to adjusted EPS in fiscal 2027 [21] Future Guidance - Management raised full-year guidance for fiscal 2026 to $300–$310 million in sales, $36–$39 million in adjusted EBITDA, and $1.45–$1.60 in adjusted EPS, excluding the Marine Products deal [7][15] - For the fiscal third quarter of 2026, net sales are expected to be approximately $75 million, with adjusted EBITDA around $9 million and adjusted EPS of approximately $0.35 [15] Brand and Product Development - The MasterCraft brand is supported by premium products with higher margins, with new models like the X24, XStar, and the all-new X22 enhancing the product mix [12] - In the pontoon segment, operational improvements and new product introductions, such as the Halo model from the luxury brand Balise, are being emphasized [13][14]

Core Insights - MasterCraft Boat Holdings, Inc. reported revenue of $71.76 million for the quarter ended December 2025, marking a year-over-year increase of 13.2% and exceeding the Zacks Consensus Estimate of $69.87 million by 2.71% [1] - The company achieved an EPS of $0.29, significantly higher than the $0.10 reported a year ago, resulting in an EPS surprise of 77.59% compared to the consensus estimate of $0.16 [1] Financial Performance Metrics - MasterCraft's unit sales volume reached 409, slightly above the average estimate of 408, while the consolidated unit sales volume was 583, exceeding the average estimate of 563 [4] - The net sales per unit for MasterCraft was reported at $151.00, matching the average estimate, while the consolidated net sales per unit was $123.00, slightly below the average estimate of $125.05 [4] - Net sales for MasterCraft amounted to $61.74 million, surpassing the average estimate of $61.55 million, reflecting a year-over-year change of 12.1%, while net sales for Pontoon reached $10.02 million, exceeding the average estimate of $8.75 million with a year-over-year increase of 21.2% [4] Stock Performance - Over the past month, shares of MasterCraft Boat Holdings, Inc. have returned 12.2%, significantly outperforming the Zacks S&P 500 composite, which saw a change of 0.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Insights - MasterCraft Boat Holdings, Inc. is acquiring Marine Products Corporation in a cash and stock transaction valued at approximately $232.2 million, enhancing its portfolio of leading brands in the recreational marine industry [2][4][3] Group 1: Transaction Overview - The acquisition will combine MasterCraft's brands (MasterCraft, Crest, Balise) with Marine Products' brands (Chaparral, Robalo), creating a diversified portfolio across four distinct categories [3][10] - Marine Products shareholders will receive $2.43 per share in cash and 0.232 shares of MasterCraft common stock, implying a value of $7.79 per Marine Products share based on MasterCraft's closing price on February 4, 2026 [4] - The transaction is expected to close in the second calendar quarter of 2026, pending shareholder approvals and customary closing conditions [8] Group 2: Strategic and Operational Benefits - The combined company will benefit from an expanded dealer network, enhancing geographic coverage and growth opportunities [3][10] - Enhanced manufacturing capabilities and technological innovation are anticipated to drive growth and efficiency, with facilities in Tennessee, Michigan, and Georgia [10] - The transaction is expected to generate net sales of approximately $560 million and adjusted EBITDA of approximately $64 million for the twelve months ending June 30, 2026 [10] Group 3: Leadership and Governance - Brad Nelson, CEO of MasterCraft, will lead the combined company, with Scott Kent as CFO, while maintaining the leadership teams of Chaparral and Robalo as separate operating units [6][7] - The Board of Directors will expand from seven to ten members, including three new directors, with Roch Lambert serving as Chair [7] Group 4: Financial Profile - The combined company will have a robust balance sheet with no debt, providing financial flexibility for growth investments [10] - The transaction is expected to be accretive to adjusted EPS in Fiscal 2027, with anticipated annual net savings of approximately $6 million from the elimination of Marine Products' public company costs [10]

VONORE, Tenn., Jan. 30, 2026 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal second quarter 2026 earnings conference call on Thursday, February 5, 2026, at 8:30 a.m. EST. Brad Nelson, Chief Executive Officer and Scott Kent, Chief Financial Officer, will discuss the Company’s financial results. The Company will issue a pre-market earnings release prior to the call on February 5, 2026. Participants may access the conference call live vi ...

Core Viewpoint - MasterCraft Boat Holdings, Inc. will host a live webcast for its fiscal fourth quarter and full year 2025 earnings conference call on August 27, 2025, at 8:30 a.m. EDT, where financial results will be discussed by the CEO and CFO [1]. Group 1 - The conference call will be accessible via webcast on the investor section of the Company's website, and participants can also join via telephone after registering in advance [2]. - A pre-market earnings release will be issued prior to the call on the same day [1]. - A replay of the conference call and webcast will be archived on the Company's website for future access [2]. Group 2 - 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].