---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055071"
form_type: "8-K"
ticker: "MCFT"
cik: "0001638290"
company_name: "MasterCraft Boat Holdings, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:31:05.897895+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MasterCraft Q3 net sales down 42.6% to $95.7M; cuts full-year guidance

## Summary
- Net sales $95.7M, down 42.6% YoY; net income $3.8M ($0.23 diluted EPS) vs $22.8M.
- Adjusted EPS $0.37, down 72.8% YoY; Adjusted EBITDA $9.7M, down 70.7%.
- Full-year guidance cut: net sales $360-365M, Adj EBITDA $28-30M, Adj EPS $0.95-1.05.
- Launched new luxury pontoon brand Balise; production started in Owosso, MI.
- Ended quarter with $105.7M cash, $50.4M debt; $1.6M share repurchases.

## SEC filing metadata
- accession: 0000950170-24-055071
- form_type: 8-K
- ticker: MCFT
- cik: 0001638290
- company_name: MasterCraft Boat Holdings, Inc.
- filed_at: 2024-05-08T23:59:59+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/1638290/000095017024055071/0000950170-24-055071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1638290/000095017024055071/mcft-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055071
- JSON: https://secwatch.observer/filing/0000950170-24-055071.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055071.txt

## Key facts
- Earnings Releases
  MasterCraft Boat Holdings, Inc. reported full year fiscal 2024 results: revenue $360 million and $365 million, EPS $0.95 and $1.05. Guidance lowered.
  - Period: full year fiscal 2024
  - Revenue: $360 million and $365 million
  - EPS: $0.95 and $1.05
  - Guidance: lowered
  - Result: guidance update
  source text: Consolidated net sales is now expected to be between $360 million and $365 million, with Adjusted EBITDA between $28 million and $30 million, and Adjusted Earnings per share between $0.95 and $1.05.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638290/000095017024055071/0000950170-24-055071-index.htm
- Earnings Releases
  MasterCraft Boat Holdings, Inc. reported fiscal 2024 third quarter ended March 31, 2024 results: revenue $95.7 million, net income $3.8 million, EPS $0.23 per diluted share.
  - Period: fiscal 2024 third quarter ended March 31, 2024
  - Revenue: $95.7 million
  - Net income: $3.8 million
  - EPS: $0.23 per diluted share
  - Result: reported results
  source text: Overview: ▪ Net sales for the third quarter were $95.7 million, down 42.6% from the prior-year period ▪ Net income from continuing operations was $3.8 million, or $0.23 per diluted share ▪ Diluted Adjusted Net Income per share, a non-GAAP measure, was $0.37, down 72.8% from the prior-year period
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638290/000095017024055071/0000950170-24-055071-index.htm

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