Tag Archives: Malibu Boats Inc.

Malibu Boats, Inc. recently announced its financial results for the first quarter ended September 30, 2023. Net sales for the three months ended September 30, 2023 decreased $46.4 million, or 15.3%, to $255.8 million as compared to the three months ended September 30, 2022. Malibu reported the decrease in net sales was driven primarily by decreased unit volumes across all segments resulting primarily ...

Malibu Boats, Inc. announced its financial results for the fourth quarter and fiscal year ended June 30, 2023. Net sales for the three months ended June 30, 2023 increased $19.1 million, or 5.4%, to $372.3 million, compared to the three months ended June 30, 2022, which the company indicated was driven primarily by increased unit volumes in its Saltwater Fishing segment and a ...

Malibu Boats, Inc. recently announced its financial results for the first quarter ended September 30, 2022. Net sales for the three months ended September 30, 2022 increased $48.7 million, or 19.2%, to $302.2 million as compared to the three months ended September 30, 2021. Unit volume for the three months ended September 30, 2022, increased 213 units, or 10.5%, to 2,237 units as compared ...

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 ...

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 ...

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 ...

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% ...

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 ...

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 ...

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 ...