财务数据和关键指标变化 - 公司2024财年净销售额为3.666亿美元,较上年下降45%,主要由于销量下降和经销商优惠增加所致 [16] - 2024财年毛利率为18.3%,较上年下降7.3个百分点,主要由于销量下降导致成本吸收下降和经销商优惠增加所致 [16] - 2024财年调整后EBITDA为3,290万美元,较上年下降75%,调整后EBITDA利润率为9%,较上年下降10.9个百分点 [17] - 2024财年调整后净收益为2,090万美元,每股1.22美元,较上年下降77% [17] 各条业务线数据和关键指标变化 - MasterCraft品牌2025款新车型已获得经销商好评,包括升级仪表盘、新软件以及尾部推进器等新功能 [13] - Crest品牌2025款新车型包括2款重新设计的车型,包括全新高性能Triton和简化的产品组合 [14] - 公司新推出的豪华pontoon品牌Balise,在2024财年第四季度开始向目标市场的经销商发货,两款Horizon和Helix车型获得良好市场反响 [14][15] 各个市场数据和关键指标变化 - 公司2024财年第四季度和全年面临经济和行业不确定性,导致零售需求普遍放缓,经销商库存水平较高 [5][6] - 公司已采取措施降低经销商库存,截至2024财年末,库存较上年下降约20%,但仍高于最佳水平 [6] - 公司预计2025财年零售销量将下降5%-15%,采取谨慎的指导方针应对市场不确定性 [18][19] 公司战略和发展方向及行业竞争 - 公司决定剥离Aviara业务,将品牌权利转让给MarineMax旗下的Cruisers游艇,以集中资源发展MasterCraft、Crest和Balise等核心品牌 [7] - 公司推出新的豪华pontoon品牌Balise,将利用Crest现有工厂和团队进行生产,并通过新增经销商网络销售,预计将为pontoon业务带来增量利润 [8][29] - 公司将采取谨慎的资本配置策略,在当前不确定的环境下,将对并购保持选择性和纪律性,同时继续投资于关键的长期增长计划 [11] 管理层对经营环境和未来前景的评论 - 公司2024财年表现超出最新预期,但仍面临经济环境和竞争激烈的零售市场的压力 [5] - 公司采取了提前调整生产计划等措施,以应对市场需求下降,并优化经销商库存水平 [5][6] - 公司对2025财年的市场前景持谨慎态度,预计零售销量将下降5%-15%,并相应调整生产计划 [18][19] - 公司相信未来市场将会复苏,并做好准备把握未来增长机遇 [26] 其他重要信息 - 公司2024财年自由现金流为正,资产负债表保持强劲,为未来发展提供支持 [12][17] - 公司过去3年通过股票回购计划向股东返还了近6,500万美元 [18] - 公司2025财年资本支出预计为1,200万美元 [19] 问答环节重要的提问和回答 问题1 **Martin Mitela 提问** 公司2025财年EBITDA利润率较低,主要是由于销量下降导致的成本吸收下降,还是由于促销环境恶化? [22] **Tim Oxley 回答** 主要是由于销量下降导致的成本吸收下降,同时还有员工奖金等额外费用增加的影响 [23] 问题2 **Drew Crum 提问** 公司对2025财年零售需求趋势的假设是如何的,是否会随着时间推移而改善? [24] **Tim Oxley 和 Brad Nelson 回答** 公司目前开局较好,但随着竞争对手库存进入零售市场,预计这将对公司经销商造成重大压力。公司将继续与经销商合作,采取优惠措施应对,但对未来市场走势仍持谨慎态度 [25][26] 问题3 **Kevin Condon 提问** 公司2024财年末库存下降20%,2025财年是否也有类似的目标? [31] **Tim Oxley 回答** 公司2024财年计划库存下降600-1,000台,实际接近下限。2025财年公司也计划在这一范围内进行库存调整,主要集中在Crest品牌 [32][33]

MasterCraft Boat Holdings, Inc. (MCFT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 81.82%. A quarter ago, it was expected that this sport boats maker would post earnings of $0.23 per share when it actually produced earnings of $0.37, delivering a surprise of 60.87%. Over the last fou ...

财务业绩 - 第四季度净销售额为6720万美元，同比下降59.7%[3] - 全年净销售额为3.666亿美元，同比下降44.6%[4] - 2024财年第三季度净销售额为67,182千美元，同比下降59.7%[26] - 2024财年第三季度毛利率为12.2%，同比下降1,360个基点[26] 品牌销量 - 2024财年第三季度MasterCraft品牌销量为302台，同比下降68.2%[26] - 2024财年第三季度Pontoon品牌销量为216台，同比下降56.1%[26] - 2024财年第三季度Aviara品牌销量为42台，同比增长23.5%[26] 平均销售价格 - 2024财年第三季度MasterCraft品牌平均销售价格为147美元/台，同比增长8.1%[26] - 2024财年第三季度Pontoon品牌平均销售价格为46美元/台，同比下降8.0%[26] - 2024财年第三季度Aviara品牌平均销售价格为306美元/台，同比下降17.3%[26] - 2024财年第三季度合并平均销售价格为120美元/台，同比增长6.2%[26] 盈利情况 - 持续经营净亏损810万美元，每股摊薄亏损0.49美元[3,7] - 经调整每股摊薄净亏损0.04美元，同比下降从1.37美元[3,7] - 全年持续经营净利润870万美元，每股摊薄收益0.51美元[4,10] - 全年经调整每股摊薄净收益1.22美元，同比下降从5.35美元[4,10] 非经常性项目 - 非现金减值费用980万美元与Aviara分部有关[3] - 经调整EBITDA为80万美元，同比下降97.4%[3,8] - 全年经调整EBITDA为3290万美元，同比下降74.9%[4,10] 现金流和财务状况 - 本季度回购股票450万美元[3] - 全年回购股票1630万美元[4] - 年末现金及投资8620万美元，总债务4930万美元[4] - 2024财年第三季度公司现金及现金等价物余额为7,394千美元[24] 非GAAP指标 - 公司定义了EBITDA、Adjusted EBITDA、EBITDA利润率和Adjusted EBITDA利润率等非GAAP指标[31] - 公司定义了Adjusted Net Income(Loss)和Adjusted Net Income(Loss)每股等非GAAP指标[32] - 公司提供了EBITDA和Adjusted EBITDA的调节表[31] - 公司提供了Adjusted Net Income(Loss)的调节表[32,33] - 公司提供了Adjusted Net Income(Loss)每股的调节表[34,35] - 公司表示非GAAP指标有局限性,不应被视为GAAP指标的替代[29] - 公司表示非GAAP指标的计算方式可能与同行业公司存在差异[30] - 公司表示非GAAP指标剔除了某些非经常性项目,更能反映公司的核心经营情况[29] 其他 - 公司表示无法就某些GAAP指标提供前瞻性指引[30] - 公司提供了投资者联系方式[36]

VONORE, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 fourth quarter and year ended June 30, 2024. Subsequent to June 30, 2024, we agreed to transfer rights to our Aviara brand of luxury dayboats and related assets to a third party. The transaction is subject to customary closing conditions, and is expected to close in the first quarter of fiscal 2025. We intend to classify Aviara as discontinued operations begin ...

VONORE, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the "Company") will host a live webcast of its fiscal fourth quarter and full year 2024 earnings conference call on Thursday, August 29, 2024, at 8:30 a.m. EDT. Brad Nelson, Chief Executive Officer and Tim Oxley, Chief Financial Officer, will discuss the Company's financial results. The Company will issue a premarket earnings release prior to the call on August 29, 2024. Participants may access the conference ca ...

MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Q3 2024 Results Conference Call May 8, 2024 8:30 AM ET Corporate Participants Tim Oxley - Chief Financial Officer Fred Brightbill - Chief Executive Officer Conference Call Participants Joe Altobello - Raymond James Drew Crum - Stifel Noah Zatzkin - KeyBanc Capital Markets Kevin Condon - Baird Griffin Bryan - D.A. Davidson Operator Good day, and thank you for standing by. Welcome to the Q3 2024 MasterCraft Boat Holdings, Inc. Earnings Conference Call. At this tim ...

{ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37502 MASTERCRAFT BOAT HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 06-1571747 (State or Other Jurisdi ...

For the quarter ended March 2024, MasterCraft Boat Holdings, Inc. (MCFT) reported revenue of $95.71 million, down 42.6% over the same period last year. EPS came in at $0.37, compared to $1.36 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $92.32 million, representing a surprise of +3.67%. The company delivered an EPS surprise of +60.87%, with the consensus EPS estimate being $0.23.While investors closely watch year-over-year changes in headline numbers -- revenue an ...

MasterCraft Boat Holdings, Inc. (MCFT) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60.87%. A quarter ago, it was expected that this sport boats maker would post earnings of $0.23 per share when it actually produced earnings of $0.37, delivering a surprise of 60.87%.Over the last f ...

VONORE, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2024 third quarter ended March 31, 2024. The overview, commentary, and results provided herein relate to our continuing operations. Overview: Net sales for the third quarter were $95.7 million, down 42.6% from the prior-year periodNet income from continuing operations was $3.8 million, or $0.23 per diluted shareDiluted Adjusted Net Income per share, a non-GAAP measur ...