earnings
confidence high
sentiment negative
materiality 0.75
MasterCraft Boat Q1 FY2024: Net sales $104.2M (-38.5% YoY), adj EPS $0.47 (-67%), maintains FY guidance
MasterCraft Boat Holdings, Inc.
2023-Q1 EPS reported
$0.36
revenue$104,217,000
- Net sales $104.2M, down 38.5% YoY; net income from cont. ops $7.1M ($0.41 diluted).
- Adjusted EPS $0.47 vs $1.43 prior year, down 67.1%; Adjusted EBITDA $12.2M vs $35.9M.
- FY2024 guidance maintained: net sales $390-420M, adj EBITDA $42-52M, adj EPS $1.46-$1.88.
- Q2 FY2024 guidance: net sales ~$96M, adj EBITDA ~$7M, adj EPS ~$0.22.
- Share repurchases $5.8M; cash and investments $90.0M.