---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-060687"
form_type: "8-K"
ticker: "MCFT"
cik: "0001638290"
company_name: "MasterCraft Boat Holdings, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:40:07.996730+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MasterCraft Boat Q1 FY2024: Net sales $104.2M (-38.5% YoY), adj EPS $0.47 (-67%), maintains FY guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-060687
- form_type: 8-K
- ticker: MCFT
- cik: 0001638290
- company_name: MasterCraft Boat Holdings, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1638290/000095017023060687/0000950170-23-060687-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1638290/000095017023060687/mcft-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-060687
- JSON: https://secwatch.observer/filing/0000950170-23-060687.json
- Plain text: https://secwatch.observer/filing/0000950170-23-060687.txt

## Key facts
- Earnings Releases
  MasterCraft Boat Holdings, Inc. reported first quarter fiscal 2024 ended October 1, 2023 results: revenue $104.2 million, net income $7.1 million, EPS $0.41 per diluted share. Guidance reaffirmed.
  - Period: first quarter fiscal 2024 ended October 1, 2023
  - Revenue: $104.2 million
  - Net income: $7.1 million
  - EPS: $0.41 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: operations, which excludes our former NauticStar segment. Results for NauticStar are reported as discontinued operations. ▪ Net sales for the first quarter decreased to $104.2 million, down 38.5% from the prior-year period. ▪ Net income from continuing operations was $7.1 million, or $0.41 per diluted share. ▪ Diluted Adjusted Net Income per share, a non-GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638290/000095017023060687/0000950170-23-060687-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.