Malibu Boats(MBUU) - 2024 Q3 - Quarterly Results
Malibu Boats(MBUU)2024-05-02 19:01
Exhibit 99.1 MALIBU BOATS, INC. ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS Loudon, TN, May 2, 2024 - Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the third quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to Third Quarter Fiscal 2023: • Net sales decreased 45.8% to $203.4 million • Unit volume decreased 51.9% to 1,269 units • Gross profit decreased 59.1% to $40.3 million • GAAP net income decreased 226.8% to a net loss of $67.8 million, inclusive of ...