earnings
confidence high
sentiment positive
materiality 0.75
Malibu Boats reports record Q1 FY2023: net sales $302.2M (+19.2%), EPS $1.69
MALIBU BOATS, INC.
2023-Q1 EPS reported
$1.69
revenue$302,211,000
- Net sales $302.2M (+19.2% YoY); unit volume 2,237 (+10.5%).
- Net income $36.1M (+29.3%); diluted EPS $1.69 (+32.0%).
- Adjusted EBITDA $57.1M (+27.6%); adjusted EPS $1.79 (+30.7%).
- FY2023 guidance: net sales growth mid-to-high single digits; adjusted EBITDA margin down slightly.
- Saltwater Fishing net sales $92.2M (+20.2%), Cobalt $64.8M (+10.8%), Malibu $145.2M (+22.8%).