earnings
confidence high
sentiment positive
materiality 0.75
MasterCraft reports record Q2; net sales up 34% to $159.5M, raises FY guidance
MasterCraft Boat Holdings, Inc.
2022-Q2 EPS reported
$1.36
revenue$303,475,000
- Net sales $159.5M (+34.4% YoY); net income $15.4M (+23.2%); diluted EPS $0.81 (+22.7%).
- Adjusted diluted EPS $0.91 (+21.3%); Adjusted EBITDA $25.0M (+17.4%); shared $9.9M in buybacks.
- Gross margin fell 260bps to 22.1% on supply-chain disruption and inflation; mid-cycle price hikes phased in.
- FY2022 guidance raised: net sales growth ~25%, adj. EBITDA margin ~18%, adj. EPS growth ~32% YoY.
- Q3 guide: net sales growth ~12%, adj. EBITDA margin ~17%, adj. EPS growth ~4%; acute supplier disruption defers revenue.