earnings
confidence high
sentiment positive
materiality 0.80
MasterCraft posts record Q3: net sales $186.7M up 26%, adjusted EPS $1.21 up 20%
MasterCraft Boat Holdings, Inc.
2022-Q3 EPS reported
$2.49
revenue$490,210,000
- Net sales $186.7M (+26.3% YoY); net income $20.9M (+19.2%); diluted EPS $1.13 (+21.5%).
- Adjusted EBITDA $32.1M (+16.4%); adjusted diluted EPS $1.21 (+19.8%); sixth consecutive record quarter.
- FY2022 net sales guidance raised to ~30% growth; adjusted EBITDA margin guided to high-16% range.
- Share repurchases of $10.1M during quarter; $20M+ used of $50M authorization.
- NauticStar segment margins dragged by supply chain and inflation; mid-cycle price increases phased in.