Tag Archives: Fred Brightbill

Mastercraft releases Q1 results

MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) announced financial results for its fiscal 2023 first quarter ended October 2, 2022. Highlights: Eighth consecutive period-over-period record-setting quarter for both net sales and earningsRecord net sales for the first quarter increased to $169.5 million, up 29.7% from the prior-year periodRecord net income from continuing operations was $24.6 million, or $1.37 per diluted shareRecord Diluted Adjusted Net Income per share, ...

Read More »

MasterCraft issues inaugural sustainability report

MasterCraft Boat Holdings, Inc. announced that it has issued its inaugural Sustainability Report. The Company recognizes the importance of social and environmental responsibility and global sustainability, and said it is committed to making the best products in the best way possible. Among the report’s highlights are several milestones achieved: SASB and TCFD reporting: The Company utilizes the Sustainability Accounting Standards Board (SASB) and Task ...

Read More »

MasterCraft reports record Q4, fiscal year results

MasterCraft Boat Holdings, Inc. recently announced record financial results for its fiscal 2022 fourth quarter and year ended June 30, 2022. “We delivered record-setting performances for each quarter, which culminated in record net sales and adjusted earnings for the full year," MasterCraft CEO and chairman Fred Brightbill said. "We grew our net sales by nearly 35 percent and our diluted adjusted ...

Read More »

Mastercraft sells NauticStar to Iconic Marine Group

MasterCraft Boat Holdings, Inc. has announced that its NauticStar business was acquired by a subsidiary of Iconic Marine Group. Iconic Marine Group assumed substantially all liabilities related to the NauticStar business and intends to continue operating the NauticStar business as usual. The transaction, which closed on September 2, 2022, is subject to a customary working capital adjustment. Fred Brightbill, Chief Executive Officer and Chairman of MasterCraft ...

Read More »

MasterCraft celebrates safety milestone

MasterCraft Boat Company, a subsidiary of MasterCraft Boat Holdings Inc., has completed a major milestone in workplace safety – over two million safe hours worked without a lost time incident, which continues to accumulate. This achievement took over 450 calendar days, or well over one year, without an incident to attain. Achieving two million safe hours worked without a lost time ...

Read More »

MasterCraft, Ilmor partner on new engine

MasterCraft Boat Company, a subsidiary of MasterCraft Boat Holdings Inc., and exclusive partner Ilmor Marine announced the release of the highest performing tow sports engine, the Ilmor Supercharged 6.2L Engine. MasterCraft and Ilmor will preview the new engine at the 2022 Miami International Boat Show. For boaters looking for the most powerful ride, the Ilmor Supercharged 6.2L Engine boasts 630 horsepower and 665 LB-FT ...

Read More »

MasterCraft reports record Q1 FY22

MasterCraft logo

MasterCraft Boat Holdings, Inc. recently announced financial results for its fiscal 2022 first quarter ended October 3, 2021. Fred Brightbill, Chief Executive Officer and Chairman, commented, “Our business performed extremely well during the first quarter in a very challenging and dynamic environment. These results reflect a continuation of exceptional execution against our strategic and operational priorities as we delivered a ...

Read More »

MasterCraft updates guidance for First Quarter 2022

MasterCraft logo

MasterCraft Boat Holdings, Inc. announced it is revising its guidance for fiscal first quarter 2022 due principally to a temporary delay in the shipment of a key component from a single engine parts supplier for the company’s MasterCraft brand. The timing of delivery of these delayed units will shift into the fiscal second quarter 2022. MasterCraft now expects fiscal first ...

Read More »

MasterCraft reports record Q4, Fiscal 2021 results

MasterCraft logo

MasterCraft Boat Holdings, Inc. recently announced its financial results for its fiscal 2021 fourth quarter and year ended June 30, 2021. Highlights for Q4 include a net sales increase of 204%, while the full year highlights include a net sales increase to $525.8 million, up 45%. “Our businesses executed extremely well against our strategic priorities during fiscal year 2021 in ...

Read More »

MasterCraft set to release fiscal 2021 earnings report September 2

MasterCraft Boat Holdings, Inc. will host a live webcast of its fourth quarter and fiscal 2021 earnings conference call on Thursday, September 2, 2021, at 8:30 a.m. EDT. Fred Brightbill, Chief Executive Officer and Chairman, Tim Oxley, Chief Financial Officer, and George Steinbarger, Chief Revenue Officer, will discuss the company’s financial results. The company will also issue a pre-market earnings ...

Read More »