MasterCraft Q2 net sales down 37.5% to $99.5M; adjusted EPS $0.37, down 69.2%

MasterCraft Boat Holdings, Inc.

2023-Q2 EPS reported $0.70 revenue$203,698,000

Net sales $99.5M, down 37.5% YoY; net income from continuing ops $5.9M ($0.35 diluted EPS).
Adjusted EBITDA $9.8M, down 67.2% from $29.8M; adjusted EBITDA margin fell to 9.8% from 18.7%.
Narrowed FY2024 guidance: net sales $400M-$412M, adj. EBITDA $42M-$47M, adj. EPS $1.53-$1.78.
Q3 FY2024 guidance: net sales ~$92M, adj. EBITDA ~$7M, adj. EPS ~$0.23.
Repurchased $4.4M of stock (~214K shares) in Q2; total repurchases since June 2021 $58.6M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

MasterCraft Boat Holdings, Inc. reported its fiscal 2024 second quarter ended December 31, 2023 results: revenue $99.5 million, net income $5.9 million, EPS $0.35 per diluted share. Guidance reaffirmed.

Period: its fiscal 2024 second quarter ended December 31, 2023
Revenue: $99.5 million
Net income: $5.9 million
EPS: $0.35 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

quarter ended December 31, 2023. The highlights, commentary, and results provided herein relate to our continuing operations. Highlights: ▪ Net sales for the second quarter was $99.5 million, down 37.5% from the prior-year period ▪ Net income from continuing operations was $5.9 million, or $0.35 per diluted share ▪ Diluted Adjusted Net Income per share, a non-GAAP

View on SEC.gov

171 earnings releases filed in the last 30 days. Browse all earnings releases →

MasterCraft Boat Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-011949

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.