Tag Archives: MasterCraft

MasterCraft updates guidance for First Quarter 2022

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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 ...

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MasterCraft reports record Q4, Fiscal 2021 results

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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 ...

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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 ...

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MasterCraft elects new board member

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MasterCraft Boat Holdings, Inc. announced that Jennifer Deason has been elected to its Board of Directors. The appointment will increase the size of the Company’s board to eight members, seven of which are independent. “Jennifer is an accomplished executive and board member with an impressive track record of leading innovative companies across a diverse set of consumer-facing industries,” said Roch Lambert, Lead Independent ...

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MasterCraft Boat Holdings announces new $50 million share repurchase program

MasterCraft Boat Holdings, Inc. announced its Board of Directors has authorized a new share repurchase program under which the company may repurchase up to $50 million of its outstanding shares of common stock during the three-year period ending June 24, 2024. MasterCraft also announced it has successfully closed on a new $160 million credit facility, consisting of a $60 million term ...

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MasterCraft reports record earnings for Q3

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MasterCraft Boat Holdings, Inc. announced financial results for its fiscal 2021 third quarter ended April 4, 2021. “Building upon the record quarterly performances we delivered in our first and second quarters, the fiscal third quarter was the most profitable quarter in the Company’s history. This record-setting performance was driven by year-over-year and sequential unit increases at each of our segments, ...

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MasterCraft partners with Meagan Ethell for “Let Her Rip” campaign

MasterCraft Let Her Rip Campaign

Today, on International Women’s Day, MasterCraft Boat Company is kicking off its “Let Her Rip” campaign to support the ongoing push to inspire and empower women to chase their goals, have confidence in their abilities and to challenge others to do the same in the water sports industry and beyond. MasterCraft and six-time world wakeboard champion Meagan Ethell debut the “Let Her ...

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MasterCraft partners with coaching app, Givego

MasterCraft Boat Company, a subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT), announced it has entered an official partnership with the digital coaching service, Givego. This exclusive boating partnership brings consumers direct access to MasterCraft’s world-class athletes via the app to allow for personalized video coaching and feedback at the touch of their fingertips. “Whether you're looking to step up ...

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MasterCraft reports best Q2 in company history

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MasterCraft Boat Holdings, Inc. recently announced financial results for its fiscal 2021 second quarter ended January 3, 2021. Fred Brightbill, chief executive officer and chairman, commented, “MasterCraft once again delivered financial and operational performance that exceeded expectations, highlighted by our second consecutive quarter of record profits. This performance was a direct result of our team members’ consistent execution on our ...

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MasterCraft launches digital boat show experience

MasterCraft launches Digital Boat Show

MasterCraft Boat Company announced the launch of a fully digital, immersive experience aimed at engaging with consumers in this dynamic boat show season. This digital platform, named the MasterCraft Experience Digital Boat Show, bridges the gap between consumers seeking a safe, flexible avenue to research the MasterCraft brand and its award-winning line-up, and dealer partners looking to connect with consumers ...

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