Recent Updates — MCFT

MasterCraft Boat Holdings, Inc. completed its previously announced merger with Marine Products Corporation on May 15, 2026. The transaction was structured as a two-step merger resulting in Marine Products becoming a wholly owned subsidiary of MasterCraft. Shareholders of Marine Products received 0.232 shares of MasterCraft common stock and $2.43 in cash for each share held. The total merger consideration amounted to approximately $284 million, comprising roughly $199 million in stock and $85 million in cash. This filing provides unaudited pro forma combined financial statements for the fiscal year ended June 30, 2026, illustrating the combined results of operations as if the acquisition had occurred on July 1, 2025. MasterCraft Boat Holdings operates in the recreational boat manufacturing industry.

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.

MasterCraft Boat Holdings, Inc. announced that its Board of Directors approved changing the company's fiscal year end from June 30 to December 31, effective July 1, 2026. This transition involves a short first quarter ending October 4, 2026, followed by a full transition period ending December 31, 2026. Concurrently, the Board adopted the Fifth Amended and Restated Bylaws to align with the new fiscal calendar, adjusting advance notice requirements for director nominations and stockholder proposals. The company expects its next annual meeting of stockholders to occur in May 2027. MasterCraft Boat Holdings, Inc. manufactures premium performance boats.