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Tag Archives: Fiscal Year 2020

Malibu delivers ‘strong quarter’ for Q1 FY20

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 ...

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NMMA outlines fiscal year 2020 federal funding priorities

NMMA has submitted its appropriations request for fiscal year 2020 (FY20) to Congress, as both chambers begin to finalize their respective funding packages. While the appropriations process sets the spending levels at every agency in the federal government, it is often an opportunity to improve and enhance initiatives or programs that are important to marine manufacturers and the entire recreational ...

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