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Women plan to increase outdoor activity to record levels in 2025, according to Winnebago Industries insights survey
Globenewswire· 2025-07-01 14:00
The Power of the Outdoors For many women, the outdoors is more than a destination—it's a path to well-being. Among those planning to increase their time outside in 2025, the top motivations are deeply personal: to stay active (56%), improve overall health (54%), reduce stress (52%), and boost mood (48%). These benefits resonate across generations, though each age group brings its own perspective. Baby Boomers are especially drawn to the physical health advantages, while younger generations—Gen Z and Millenn ...
Marine Products (MPX) Earnings Call Presentation
2025-06-25 13:16
CORPORATE OVERVIEW April 2025 MARINE PRODUCTS CORPORATION FORWARD LOOKING STATEMENTS NON-GAAP DISCLOSURE Certain statements and information included in this press release constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements that look forward in time or express management's beliefs, expectations, hopes or strategies. In particular, such statements include, without limitation: our plans to begin ...
Malibu Boats, Inc. Appoints Melanie Cook to Board of Directors
Globenewswire· 2025-06-24 20:30
LOUDON, Tenn., June 24, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU), a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, announced today that Melanie Cook, former Chief Operating Officer of GE Appliances, has been appointed to the Company’s Board of Directors as an independent director, effective immediately. Ms. Cook will serve on the Audit Committee and the Nominating and Governance Committee. “We are excited to welcome Melanie to our board,” said Mi ...
Winnebago Industries to Announce Third Quarter Fiscal 2025 Financial Results on June 25, 2025
Globenewswire· 2025-06-10 11:00
Core Points - Winnebago Industries, Inc. plans to release its third quarter fiscal 2025 financial results on June 25, 2025, before the New York Stock Exchange opens [1] - A conference call will be held at 9:00 a.m. CT, hosted by the President and CEO Michael Happe and Senior Vice President and CFO Bryan Hughes [1] Company Overview - Winnebago Industries is a leading North American manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, under various brands such as Winnebago, Grand Design, and Chris-Craft [3] - The company is committed to sustainable innovation and vertical integration in key component areas, with multiple facilities located in Iowa, Indiana, Minnesota, and Florida [3] - Winnebago Industries' common stock is traded on the New York Stock Exchange under the symbol WGO [3]
Winnebago Industries Announces Preliminary Third Quarter Fiscal 2025 Results Ahead of the Baird Conference
Globenewswire· 2025-06-05 11:00
Core Viewpoint - Winnebago Industries anticipates lower net revenues and earnings for the third quarter of fiscal 2025 due to macroeconomic uncertainties affecting consumer sentiment and dealer networks [2][3] Financial Performance - Estimated net revenues for the third quarter of fiscal 2025 are approximately $775 million [2] - Reported earnings per diluted share are expected to be in the range of $0.55 to $0.65, while adjusted diluted earnings per share are projected to be between $0.75 and $0.85 [2] Market Conditions - The selling season began positively in March but faced challenges in the last two months of the fiscal third quarter due to growing macroeconomic uncertainty [3] - The Winnebago Motorhomes business unit is experiencing the most significant market pressures, leading to expectations of lower net revenue than previously anticipated [3] Strategic Actions - The company is implementing inventory management strategies to align production with market demand and dealer needs [3] - Significant steps have been taken to lower field inventory, improve working capital, and adjust production schedules [3] - Cost reduction and profitability improvement strategies are being initiated for fiscal 2025, including modifying production schedules and adjusting headcount [3] Business Transformation - The ongoing transformation of the Winnebago Motorhomes unit aims to enhance agility and long-term success [3] - Grand Design Towables is showing market share progress in the travel trailer segment, with strong demand for new motorhome products [3] - Newmar's Class A diesel market share has exceeded 30%, and the expanded product lineup is expected to contribute positively to future performance [3] Upcoming Events - Winnebago Industries will participate in the Baird 2025 Global Consumer Technology & Services Conference on June 5, 2025 [4] - The company plans to report its third quarter fiscal 2025 financial results on June 25, 2025, followed by a conference call [5]
MasterCraft Boat Company Launches Third-Annual ‘Surf to Save Lives' Campaign in Support of St. Jude Children's Research Hospital®
GlobeNewswire News Room· 2025-05-20 15:00
Core Points - MasterCraft Boat Company has launched its third year of the Surf to Save Lives campaign, aiming to raise funds for St. Jude Children's Research Hospital, with a pledge of $75,000 in 2025, bringing the total raised since 2023 to $225,000 [1][2] - The campaign allows boaters nationwide to log their on-water activities through the MasterCraft Connect app, with MasterCraft donating $1 for every minute logged, up to a maximum of $75,000 [3] - The initiative is open to all boaters, not just MasterCraft owners, encouraging widespread participation in support of St. Jude's mission [3] Company Overview - MasterCraft is a leading innovator, designer, manufacturer, and marketer of premium performance sport boats, with a history of industry-leading innovation since its founding in 1968 [8][9] - The company is headquartered in Vonore, TN, and operates under three brands: MasterCraft, Crest, and Balise [9][10] Philanthropic Efforts - Over the past two years, MasterCraft has donated a total of $150,000 to St. Jude, reaching the maximum annual donation of $75,000 each year [2] - The campaign is supported by Alexa Score, a childhood cancer survivor and professional wakeboarder, who serves as the official spokesperson [5][6] - MasterCraft employees also have the opportunity to contribute through a dedicated Employee Giving Program [6]
MasterCraft Boat Holdings, Inc. Reports Fiscal 2025 Third Quarter Results
Globenewswire· 2025-05-07 11:30
Overview - MasterCraft Boat Holdings, Inc. reported financial results for the third quarter of fiscal 2025, ending March 30, 2025, with a focus on continuing operations excluding the former Aviara segment [1][4]. Financial Performance - Consolidated net sales for the third quarter were $76.0 million, a decrease of $8.0 million or 9.5% from the same period in fiscal 2024, primarily due to planned lower unit volumes to align dealer inventories with retail demand [4][10]. - Gross margin percentage declined by 250 basis points compared to the prior-year period, attributed to changes in sales price, material and overhead inflation, and lower cost absorption due to decreased production volume [5][24]. - Income from continuing operations was $3.8 million, or $0.23 per diluted share, down from $5.7 million, or $0.34 per diluted share in the prior-year period [6][10]. - Adjusted net income was $5.0 million, or $0.30 per diluted share, compared to $8.5 million, or $0.50 per diluted share in the prior-year period [6][10]. - Adjusted EBITDA was $7.5 million, down from $11.7 million in the prior-year period, with an adjusted EBITDA margin of 9.9%, down from 13.9% [7][10]. Operational Insights - The company maintained a disciplined approach to capital allocation, achieving operating cash flow of $18.5 million year-to-date despite low cycle production volumes [3][10]. - Cash and investments totaled $66.5 million, with $100 million available on the revolving credit facility and no outstanding debt, indicating a robust, debt-free balance sheet [10][11]. Outlook - The company revised its full-year guidance, now expecting consolidated net sales of approximately $275 million, adjusted EBITDA of approximately $20 million, and adjusted earnings per share of approximately $0.71 for fiscal 2025 [11][10]. - Capital expenditures are expected to be approximately $9 million for the year [11].
MasterCraft Boat Holdings, Inc. to Webcast Fiscal Third Quarter 2025 Earnings Conference Call Wednesday, May 7, 2025
Newsfilter· 2025-04-23 20:30
Core Points - MasterCraft Boat Holdings, Inc. will host a live webcast for its fiscal third quarter 2025 earnings conference call on May 7, 2025, at 8:30 a.m. EDT [1] - The call will feature discussions by the CEO, CFO, and Vice President of Finance regarding the Company's financial results [1] - A pre-market earnings release will be issued prior to the call on the same day [1] Access Information - Participants can access the conference call live via the Company's investor website by clicking on the webcast icon [2] - Telephone participants must register in advance to receive a confirmation email with dial-in details, including a 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, Tennessee, 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 can be found on its investor and brand websites [3]
Winnebago Industries, Leave No Trace Announce First-Ever RV & Boating Environmental Stewardship Guidelines
Newsfilter· 2025-04-22 16:05
Core Insights - Winnebago Industries has partnered with Leave No Trace to promote environmental stewardship in outdoor activities, specifically targeting RV and boating communities [1][2][4] - The partnership aims to adapt the 7 Principles of Leave No Trace into guidelines tailored for RVers and boaters, encouraging responsible recreation [3][4] Company Overview - Winnebago Industries is a leading manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, with a commitment to sustainable innovation [6] - The company operates multiple facilities across Iowa, Indiana, Minnesota, and Florida, and is publicly traded on the New York Stock Exchange under the symbol WGO [6] Partnership Details - The collaboration with Leave No Trace focuses on educating outdoor enthusiasts on minimizing their environmental impact while enjoying recreational activities [2][4] - The guidelines include practical advice such as planning ahead, disposing of waste properly, and respecting wildlife [5] Leave No Trace Overview - Leave No Trace is a nonprofit organization dedicated to promoting sustainable outdoor practices through education and research [7] - The organization reaches millions of people annually in the U.S. to foster a sustainable future for the outdoors [7]
Winnebago Industries, Leave No Trace Announce First-Ever RV & Boating Environmental Stewardship Guidelines
Globenewswire· 2025-04-22 16:05
Core Insights - Winnebago Industries has partnered with Leave No Trace to promote environmental stewardship in outdoor activities, specifically targeting RV and boating communities [1][2] - The partnership aims to adapt the 7 Principles of Leave No Trace into guidelines tailored for RVers and boaters, enhancing responsible recreation practices [3][4] Company Overview - Winnebago Industries is a leading manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, with a commitment to sustainable innovation [7] - The company operates multiple facilities across Iowa, Indiana, Minnesota, and Florida, and is publicly traded on the New York Stock Exchange under the symbol WGO [7] Partnership Details - The collaboration with Leave No Trace focuses on educating outdoor enthusiasts on minimizing their environmental impact while enjoying recreational activities [2][4] - The guidelines include practical advice such as planning ahead, disposing of waste properly, and respecting wildlife [5] Environmental Commitment - Leave No Trace is an international nonprofit organization dedicated to promoting sustainable outdoor practices through education and research [8] - The partnership reflects a shared commitment to preserving outdoor spaces and empowering communities to engage in responsible recreation [4][8]