{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-045178","form_type":"8-K","ticker":"MCFT","cik":"0001638290","company_name":"MasterCraft Boat Holdings, Inc.","filed_at":"2023-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.647761+00:00","generated_at":"2026-06-11T01:59:26.707163+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MasterCraft reports record FY23 profit but Q4 sales down 15.5%; FY24 guide steep decline","bullets":["Q4 net sales $166.6M (-15.5% YoY); net income $23.1M (-31.2%); Adjusted EBITDA $32.7M (-31.3%).","Full year FY23 net sales $662.0M (+3.2% YoY); net income $90.5M (+2.9%); record operating cash flow ~$134M.","FY24 guidance: net sales $390-420M, Adjusted EBITDA $42-52M, Adjusted EPS $1.46-1.88, implying sharp declines.","Management cites elevated dealer inventories, slowing retail, and macro headwinds; production plans reduced for FY24.","Share repurchases of $22.9M in FY23 (incl. $7.0M in Q4); capital expenditures ~$22M guided for FY24."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-045178","json":"https://secwatch.observer/filing/0000950170-23-045178.json","markdown":"https://secwatch.observer/filing/0000950170-23-045178.md","text":"https://secwatch.observer/filing/0000950170-23-045178.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1638290/000095017023045178/0000950170-23-045178-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1638290/000095017023045178/mcft-20230830.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:59:26.707163+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"551b946cec6ee97a48ea94dddec3011721a6a3fb","claim":"MasterCraft Boat Holdings, Inc. reported fiscal 2023 year ended June 30, 2023 results: revenue $662.0 million, net income $90.5 million, or $5.09 per diluted share.","evidence_excerpt":"period ▪ Share repurchases of $7.0 million during the quarter Full Year Highlights: ▪ The most profitable fiscal year in the Company's history. ▪ Net sales increased to $662.0 million, up 3.2% from the prior-year period ▪ Net income from continuing operations was $90.5 million, or $5.09 per diluted share, up 2.9% and 7.8%, respectively, from the prior-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1638290/000095017023045178/0000950170-23-045178-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 year ended June 30, 2023"},{"label":"Revenue","value":"$662.0 million"},{"label":"Net income","value":"$90.5 million, or $5.09 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a62f8e977592a7c925f1d5e111f8e5e19733da61","claim":"MasterCraft Boat Holdings, Inc. reported its fiscal 2023 fourth quarter ended June 30, 2023 results: revenue $166.6 million, net income $23.1 million, or $1.32 per diluted share.","evidence_excerpt":"our continuing operations, which exclude the NauticStar segment results reported as discontinued operations. Fourth Quarter Highlights: ▪ Net sales for the fourth quarter were $166.6 million, down 15.5% from the prior-year period ▪ Net income from continuing operations was $23.1 million, or $1.32 per diluted share, down 31.2% and 28.6%, respectively, from the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1638290/000095017023045178/0000950170-23-045178-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its fiscal 2023 fourth quarter ended June 30, 2023"},{"label":"Revenue","value":"$166.6 million"},{"label":"Net income","value":"$23.1 million, or $1.32 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}