earnings
confidence high
sentiment negative
materiality 0.75
MasterCraft Boat FY2024 sales down 44.6%, net income $8.7M; Aviara to be discontinued
MasterCraft Boat Holdings, Inc.
2024-FY EPS reported
$0.46
revenue$366,588,000
- Q4 net sales $67.2M, down 59.7% YoY; net loss from cont. ops $8.1M ($0.49 loss per share).
- Full-year net sales $366.6M (-44.6%); net income from cont. ops $8.7M ($0.51 diluted EPS).
- Adjusted EBITDA $32.9M, down 74.9%; margin 9.0% vs 19.9% prior year.
- Aviara rights transfer agreed post-year-end; expected to close Q1 FY2025, classified as discontinued ops.
- FY2025 guidance: net sales $265M-$300M, Adj. EBITDA $15M-$26M, Adj. EPS $0.36-$0.87.