earnings
confidence high
sentiment positive
materiality 0.85
MasterCraft Boat record FY: rev $708M, adj EPS $4.54; sells NauticStar segment
MasterCraft Boat Holdings, Inc.
- Record FY2022 net sales $707.9M (+34.6% YoY); adj diluted EPS $4.54 (+37.2%).
- Q4 net sales $217.7M (+39.9%); adj EBITDA $44.6M (+65.6%); adj EPS $1.77 (+80.6%).
- Non-cash impairment of $23.8M recorded on NauticStar intangible and fixed assets.
- Sold NauticStar business to Iconic Marine Group on Sept 2; to be reported as discontinued ops.
- FY2023 continuing ops guidance: rev $580-615M, adj EBITDA $105-115M, adj EPS $3.89-$4.31.