Tag Archives: Malibu Boats Inc.

Malibu reports record Q3

Malibu Boats, Inc. recently announced its financial results for the third quarter ended March 31, 2022. “Our record-setting pace continues with yet another outstanding quarter with net sales growing 26%, net income rising 56.1% and Adjusted EBITDA increasing 39.9% compared to the prior year. Led by our operational excellence, we were able to ship more units than anticipated, in spite of ...

Read More »

Pursuit Boats celebrates safety milestone

Pursuit Boats, a manufacturer of luxury sport fishing and cruising boats, has hit a monumental milestone. On December 15, 2021, the company reached 1 million man hours worked without a lost time incident. This milestone was achieved over 290 days. The accomplishment is a testament to Pursuit’s commitment to the safety of its workforce and the company celebrated with an ...

Read More »

Malibu reports record Q4, FY21 results

Malibu Boats, Inc. (Nasdaq: MBUU) announced its financial results for the fourth quarter and fiscal year ended June 30, 2021. Highlights for Q4 include a net sales increase of 133.2% to $276.7 million, unit volume increase of 110.7% and a net income increase or 437.1% to $35 million. “Our premium brands, market leading innovation and operational excellence delivered another record-breaking year ...

Read More »

Malibu Boats posts net sales and gross profit increases

Malibu Boats, Inc. announced its financial results for the second quarter ended December 31, 2020. Fiscal Second Quarter 2021 Highlights Compared to Fiscal Second Quarter 2020: Net sales increased 8.6% to $195.6 millionUnit volume declined 3.4%Gross profit increased 24.1% to $49.5 millionNet income increased 25.8% to $22.1 millionAdjusted EBITDA increased 27.5% to $39.1 millionAdjusted fully distributed net income per share increased 31.2% ...

Read More »

Malibu debuts all-new 2021 Wakesetter 23 LSV

Malibu debuts new LSV23

Malibu Boats has announced the release of its all-new Wakesetter 23 LSV. For 2021 there are new design features like a transom walk-over, completely reconfigured interior, inspired billet accents, a custom-tuned sound system, and more hull graphic color options. “The 2021 23 LSV’s blend of luxury and enhanced performance along with cutting edge features and a bold new look make ...

Read More »

Malibu reports slowing in Q3 results

Malibu Boats logo

Malibu Boats, Inc. announced its financial results for the third quarter ended March 31, 2020. “The fiscal third quarter of 2020 was a tale of two environments. Through the greater part of the quarter, we delivered strong performance, as early boat show season momentum extended into March. However, retail strength shifted nearly overnight as the COVID-19 virus ravaged the U.S. late ...

Read More »

Cobalt celebrates manufacturing safety milestone

Cobalt Boats has announced that in 2019 it achieved the distinction of compiling more than one million hours worked without a lost-time injury. Cobalt’s approximately 708 employees at its factory in Neodesha, Kansas, reached the million-hour milestone just before Christmas, providing further confirmation of the company’s commitment to workplace safety. This is a first in Cobalt’s long history. To mark ...

Read More »

Malibu announces record quarter for Q2

Malibu Boats logo

Malibu Boats, Inc. announced its financial results for the second quarter ended Dec. 31, 2019. Highlights for the second quarter of fiscal year 2020 included a net sales increase of 8.6% to $180.1 million compared to the second quarter of fiscal year 2019. Unit volume increased 2.5% to 1,804 boats compared to the same period last year. Net sales per unit increased 6% to ...

Read More »

Malibu delivers ‘strong quarter’ for Q1 FY20

Malibu Boats logo

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 ...

Read More »

Tennessee elected officials visit with Malibu Boats

Last week, Congressman Tim Burchett (R-TN-02), Lieutenant Governor Randy McNally (R), and State Representative Lowell Russell (R-21) visited Malibu Boats’ manufacturing facility in Loudon, Tenn. where they met with employees, discussed pressing issues facing the recreational boating industry, and experienced the boat manufacturing process firsthand. “I really appreciate Jack taking the time to show us around the plant so we ...

Read More »