Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2019. Highlights for the First Quarter of Fiscal Year 2020 Net sales increased 39.4% to $172.1 million compared to the first quarter of fiscal year 2019.Unit volume increased 13.9% to 1,727 boats compared to the first quarter of fiscal year 2019.Net sales per unit increased 22.3% to $99,641 ...
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MasterCraft posts 17.2% sales increase for Q1 FY20
MasterCraft Boat Holdings, Inc. announced financial results for its fiscal 2020 first quarter ended September 29, 2019. First Quarter Highlights: Net sales increased to $109.8 million, up 17.2 percent from $93.6 million in the prior-year period.GAAP net income was $8.6 million, up slightly from $8.5 million in the prior-year period.GAAP diluted earnings per share increased in the first quarter by $0.01, up 2.2 percent to $0.46, from the prior ...
Read More »Brunswick announces third quarter financial results
Brunswick Corporation (NYSE: BC) today reported results for the third quarter of 2019. “Our third quarter performance reflects the continued successful execution of our marine strategy and reinforces the tremendous confidence we have in the future growth opportunities within each of our businesses,” said Brunswick chief executive officer David Foulkes. “Both gross and operating margins expanded during the quarter, despite ...
Read More »MasterCraft announces Q4 FY19 results
MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2019 fourth quarter and full year ended June 30, 2019. Net Sales for the fourth quarter were $122.8 million, reflecting an increase of $27.4 million, or 28.7%, compared to $95.4 million for the prior-year period. The increase was primarily due to an increase at MasterCraft of $6.0 million, or 8.1%, primarily due to an ...
Read More »BRP reports Q1 FY 2020 results
BRP Inc. reported its financial results for the three-month period ended April 30, 2019. All financial information is in Canadian dollars unless otherwise noted. “We have experienced strong retail momentum in North America and Europe with all our sectors trending positively, and we are very satisfied with our year-over-year revenue growth of 17%, even while operating in a dynamic environment. ...
Read More »Malibu reports results for Q2 FY 2019
Malibu Boats, Inc. (Nasdaq: MBUU) announced its financial results for the second quarter ended Dec. 31, 2018. Highlights for Q2 of fiscal year 2019 include: Net sales increased 45 percent to $165.8 million compared to the second quarter of fiscal year 2018. Unit volume increased 18.2 percent to 1,760 boats compared to the second quarter of fiscal year 2018. Net ...
Read More »MarineMax reports 2019 Q1 results
MarineMax, Inc. (NYSE:HZO) announced results for its first quarter ended Dec. 31, 2018. Revenue grew over $5 million, or 2 percent to $241.9 million for the quarter ended Dec. 31, 2018 from $236.9 million in the comparable period last year. Same-store sales were up approximately 1 percent in the quarter. This caps a five-year period in which the December quarter ...
Read More »Malibu reports strong growth for Q1 Fiscal 2019
Malibu Boats, Inc. recently announced its financial results for the first quarter ended Sep. 30, 2018. “Fiscal year 2019 started strong, with our first quarter results delivering robust growth and increasing profitability. Demand for our product continues to be record setting,” Jack Springer, Chief Executive Officer of Malibu Boats, Inc. said. “We also continue to strive to be the most efficient ...
Read More »Brunswick announces 2018 Q2 financial results
Brunswick Corp.’s has released its financial results for the second quarter of 2018. Consolidated net sales increased 3.6 percent versus second quarter 2017, and were up 4.3 percent for the combined marine business. Operating earnings decreased by 38 percent for the quarter, and were down 32 percent for the combined marine business. “During the first half of 2018, we launched ...
Read More »MarineMax reports 2018 Q3 financial results
MarineMax, Inc. has announced results for its third quarter ended June 30, 2018. Revenue increased approximately 10 percent to $361.3 million for the quarter ended June 30, 2018, compared with $329.8 million for the June quarter last year, with same-store sales growing 8 percent. Net income for the quarter increased about 22 percent year-over-year to $17.4 million, while earnings per ...
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