earnings
confidence high
sentiment positive
materiality 0.85
MasterCraft Q1 record net sales $169.5M (+29.7%); raises FY23 guidance
MasterCraft Boat Holdings, Inc.
2023-Q1 EPS reported
$0.23
revenue$169,516,000
- Q1 net income from continuing ops $24.6M ($1.37 diluted EPS) vs $12.2M ($0.65) YoY.
- Adjusted EPS $1.43 (+90.7%); Adjusted EBITDA $35.9M (+72.8%); margin 21.2%.
- Raised FY23 guidance: net sales $590M-$625M, Adj. EBITDA $108M-$118M, Adj. EPS $4.20-$4.60.
- Completed NauticStar sale with $22.1M pretax loss from discontinued ops.
- Repurchased $4.2M in shares during the quarter.