secwatch.observer — SEC 8-K summary
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Issuer:     MasterCraft Boat Holdings, Inc. (MCFT)
CIK:        0001638290
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0000950170-23-060687
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1638290/000095017023060687/0000950170-23-060687-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1638290/000095017023060687/mcft-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-060687

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer