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 ...

LOUDON, Tenn., May 08, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the third quarter ended March 31, 2025. Third Quarter Fiscal 2025 Highlights Compared to Third Quarter Fiscal 2024: Net sales increased 12.4% to $228.7 millionUnit volume increased 12.8% to 1,431 unitsGross profit increased 13.4% to $45.7 millionGAAP net income increased 119.4% to $13.2 millionGAAP net income available to Class A Common Stock per share (diluted) increased 120.1% to $0 ...

Core Viewpoint - Malibu Boats, Inc. is set to release its third quarter fiscal 2025 financial results on May 8, 2025, before market opening, followed by a conference call with management to discuss the results [1]. Company Overview - Malibu Boats, Inc. is based in Loudon, Tennessee, and is a leading designer, manufacturer, and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive, and outboard boats [3]. - The company holds a market leadership position in the performance sport boat category through its Malibu and Axis brands, and leads the 20' - 40' segment of the sterndrive boat category with its Cobalt brand [3]. - Malibu Boats is also a key player in the saltwater fishing boat market with brands such as Pursuit, Cobia, Pathfinder, Maverick, and Hewes [3]. - The company is recognized as an innovator in the powerboat industry, designing products that cater to a growing demographic of recreational boaters, fishermen, and water sports enthusiasts [3].

Company Overview - MasterCraft Boat Holdings, Inc. (MCFT) shares increased by 13.9% to close at $16.75, following a notable trading volume and a previous loss of 14.8% over the past four weeks [1] - The surge in share price is linked to President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, which has renewed investor optimism [1] Earnings Expectations - MasterCraft is expected to report quarterly earnings of $0.18 per share, reflecting a year-over-year decline of 51.4% [2] - Revenue projections stand at $75.37 million, down 21.3% compared to the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for MasterCraft has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] - In comparison, Malibu Boats (MBUU), a competitor in the same industry, saw a 12.6% increase in its stock price, closing at $28.35, but has returned -19.6% over the past month [3] Competitor Analysis - Malibu Boats has a revised consensus EPS estimate of $0.66, which is a 4.8% increase from the previous year, but has seen a change of -6.2% over the past month [4] - Malibu currently holds a Zacks Rank of 4 (Sell), indicating a less favorable outlook compared to MasterCraft [4]