M&A
confidence high
sentiment neutral
materiality 0.35
MasterCraft posts pro forma FY2026 net sales of $565.8M, loss of $0.40/sh after Marine Products merger
MasterCraft Boat Holdings, Inc.
- Pro forma combined FY2026 net sales $565.8M; operating loss $10.2M; loss from continuing operations $10.0M (-$0.40 per diluted share).
- Marine Products deal closed May 15, 2026: 34,863,738 shares at 0.232 exchange ratio plus $2.43 cash per share; total consideration $284.2M.
- MasterCraft issued 8,088,171 shares at $24.64 close on May 14, 2026 ($199.4M) plus $84.8M cash; goodwill of $105.6M recorded.
- MasterCraft standalone FY2026: net sales $348.9M, operating loss $1.1M including $10.05M impairments, net loss $1.6M.
- Marine Products ten-and-a-half months to May 14, 2026: net sales $216.9M, net loss $5.7M including $10.3M merger-related costs.