secwatch.observer — SEC 8-K summary
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Issuer:     MasterCraft Boat Holdings, Inc. (MCFT)
CIK:        0001638290
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0000950170-25-065002
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasterCraft Q3 net sales down 9.5% to $76M; cuts FY2025 guidance
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- Net sales $76.0M (-9.5% YoY); income from continuing ops $3.8M ($0.23 diluted).
- Adjusted net income $5.0M ($0.30 diluted); adjusted EBITDA $7.5M (9.9% margin).
- Cash and investments $66.5M; no debt; $100M revolver undrawn.
- FY2025 guidance lowered: net sales ~$275M, adjusted EBITDA ~$20M, adj. EPS ~$0.71.
- Dealer inventories down ~30% YoY due to planned production cuts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1638290/000095017025065002/0000950170-25-065002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1638290/000095017025065002/mcft-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-065002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer