earnings
confidence high
sentiment positive
materiality 0.80
Malibu Boats Q4 net sales up 27.6%; FY22 record revenue $1.21B
MALIBU BOATS, INC.
2022-FY EPS reported
$7.51
revenue$1,214,877,000
- Q4 net sales $353.2M (+27.6% YoY); unit volume +10.3% to 2,596 units.
- Q4 diluted EPS $2.31 (+44.4% YoY); adjusted fully distributed EPS $2.43 (+32.1%).
- FY22 record net sales $1.21B (+31.1%), record net income $163.4M (+43.0%), record Adjusted EBITDA $246.5M.
- FY23 guidance: net sales growth mid-to-high single digits; EBITDA margin expected down slightly YoY.
- All three segments (Malibu, Saltwater Fishing, Cobalt) posted net sales increases in Q4 and FY22.