Tag Archives: malibu boats

Malibu Boats sent out a safety alert for some of its bowrider models ranging from model year 1986 to 2011, following an incident involving 2000 Malibu Response LX boat. The statement from Malibu reported that a passenger was washed out of the bow seating area during a bow swamping incident. The passenger was then hit by the propeller and died. ...

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. (Nasdaq: MBUU) has announced its financial results for the third quarter ended March 31, 2023. Third Quarter Fiscal 2023 Highlights Compared to Third Quarter Fiscal 2022: Net sales increased 9.0% to $375.1 million Unit volume increased 2.9% to 2,637 units Gross profit increased 1.5% to $98.6 million Net income decreased 2.5% to $53.5 million Adjusted EBITDA decreased 0.6% to $79.3 million Net income available to ...

Malibu Boats, Inc. (Nasdaq: MBUU) has announced the appointment of David Black as Interim Chief financial officer. Malibu’s current chief financial officer, Wayne Wilson has notified the Company of his resignation to pursue a similar role at a private equity-backed private company in Knoxville, Tenn. Mr. Wilson will actively serve in an advisory role and assist with the transition through ...

Malibu Boats, Inc. announced its financial results for the second quarter ended December 31, 2022. “We once again delivered a fantastic quarter as our momentum continued with net sales increasing 28.4%, net income rising 17.5%, and Adjusted EBITDA growing 19.7% compared to the prior year. Our performance further solidifies our position as a trailblazer and innovator, while also demonstrating our ability ...

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. has announced its financial results for the fourth quarter and fiscal year ended June 30, 2022. Fiscal Fourth Quarter 2022 Highlights Compared to Fiscal Fourth Quarter 2021 Net sales increased 27.6% to $353.2 millionUnit volume increased 10.3% to 2,596 unitsGross profit increased 29.5% to $89.6 millionNet income increased 42.1% to $49.7 millionAdjusted EBITDA increased 28.3% to $73.9 millionNet income ...

Malibu Boats, Inc. announced its financial results for the first quarter ended September 30, 2021. “We continued momentum into fiscal year 2022 with net sales increasing 40.1%, net income rising 26.7%, and Adjusted EBITDA growing 23.1% compared to the prior year period,” commented Jack Springer, chief executive officer of Malibu Boats, Inc. “While inflationary concerns and ongoing supply chain constraints are ...

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 it will release its fourth quarter and full-year fiscal 2021 financial results on Thursday, August 26, 2021 before the market opens. Following the release, the company’s management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu’s Chief Executive Officer, Jack ...