secwatch.observer — SEC 8-K summary
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Issuer:     MasterCraft Boat Holdings, Inc. (MCFT)
CIK:        0001638290
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0000950170-24-101580
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasterCraft Boat FY2024 sales down 44.6%, net income $8.7M; Aviara to be discontinued
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1638290/000095017024101580/0000950170-24-101580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1638290/000095017024101580/mcft-20240829.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-101580

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