secwatch.observer — SEC 8-K summary
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Issuer:     MasterCraft Boat Holdings, Inc. (MCFT)
CIK:        0001638290
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000950170-24-011949
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1638290/000095017024011949/0000950170-24-011949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1638290/000095017024011949/mcft-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-011949

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