earnings
confidence high
sentiment positive
materiality 0.80
Malibu Boats Q2 net sales up 28.4% to $338.7M; diluted EPS $1.72 (+22%)
MALIBU BOATS, INC.
2023-Q2 EPS reported
$3.41
revenue$640,943,000
- Net sales $338.7M (+28.4% YoY); unit volume 2,439 units (+17.7%) across all segments.
- GAAP diluted EPS $1.72 (+22.0%); adjusted fully distributed EPS $1.83 (+22.0%).
- Gross margin 22.3% (down 180 bps) due to higher dealer flooring costs and mix shift.
- Adjusted EBITDA $57.6M (+19.7%); margin 17.0% (down 120 bps from 18.2%).
- FY2023 guidance: net sales growth mid-to-high single digits; Adj EBITDA margin down slightly.