earnings
confidence high
sentiment neutral
materiality 0.75
MasterCraft Q2 net sales $63.4M (-29% YoY), Adj EPS $0.10, narrows FY25 guidance
MasterCraft Boat Holdings, Inc.
2024-Q2 EPS reported
-$0.15
revenue$128,727,000
- Net sales fell 29.4% to $63.4M; income from continuing ops $0.4M ($0.03 diluted EPS).
- Adjusted net income $1.7M ($0.10 diluted EPS) vs $9.5M ($0.55) prior year; Adj EBITDA $3.5M (5.6% margin).
- All debt repaid; $62.9M cash, $100M revolver available; generated $13.9M operating cash flow.
- FY25 guidance narrowed: net sales $275-295M, Adj EBITDA $19-24M, Adj EPS $0.64-0.86.
- Q3 guidance: net sales ~$75M, Adj EBITDA ~$5M, Adj EPS ~$0.17; early boat show results encouraging.