Earnings ·
MasterCraft Boat Holdings reported fiscal 2026 results ending June 30, 2026, marked by the May 15 completion of its…
MCFTMasterCraft Boat Holdings, Inc.
MasterCraft Boat Holdings reported fiscal 2026 results ending June 30, 2026, marked by the May 15 completion of its merger with Marine Products. Consolidated net sales rose 22.8% to $348.9 million, driven by a $33.3 million contribution from the new Recreation and Sport Fishing segment. However, reported loss from continuing operations was $1.6 million due to a $10.1 million non-cash impairment charge in the Leisure segment and $20.4 million in acquisition-related expenses. Adjusted Net Income increased 100% to $30.2 million ($1.76 per diluted share), while Adjusted EBITDA grew nearly 80% to $45.6 million. The company also announced a fiscal year-end change from June 30 to December 31, effective July 1, 2026, and provided guidance for the subsequent six-month transition period. MasterCraft Boat Holdings is a manufacturer and marketer of recreational powerboats.