Earnings ·
Reports $154.1M net sales and $0.50 EPS for first three months of transition period
MCFTMasterCraft Boat Holdings, Inc.
MasterCraft Boat Holdings reported consolidated net sales of $154.1 million, a 123.4% increase from the prior-year period, driven by $59.3 million in incremental sales from its Marine Products acquisition and strong organic growth in legacy segments. Diluted earnings per share reached $0.50, up from $0.22, while adjusted EBITDA rose to $20.1 million. The company also repurchased $4.8 million of shares during the quarter. MasterCraft Boat Holdings is a leading innovator, designer, manufacturer and marketer of recreational powerboats.