Tag Archives: MasterCraft

MasterCraft Boat Company has announced a partnership with Suntex Marinas. MasterCraft will provide towboats at five Suntex locations, with plans to expand to 13 total destinations in 2023. “We’re thrilled to partner with Suntex, as our brands share several core values and aim to deliver a product that allows our customers to create a lifetime of treasured memories with friends ...

MasterCraft Boat Company has announced a partnership with St. Jude Children’s Research Hospital and the launch of its ‘Surf to Save Lives’ campaign benefitting St. Jude. Running until October 1, 2023, MasterCraft will donate $1 for every minute of on-water activity logged on the MasterCraft app, with a maximum donation of $75,000. Boaters can raise funds while enjoying tow sports such ...

MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) has announced financial results for its fiscal 2023 second quarter ended January 1, 2023. Highlights: Net sales, diluted adjusted earnings per share, and Adjusted EBITDA were all the highest for any second quarter in the Company’s history Ninth consecutive year-over-year record-setting quarter Record net sales for the second quarter increased to $159.2 million, up ...

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, ...

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 ...

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 ...

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 ...

MasterCraft Boat Company has announced that Nick Davies will be the new business development manager in Europe and the Middle East effective May 1, 2022. Davies is a World Champion wakeboarder, having competed in Europe, Asia, Middle East and throughout the United States. “MasterCraft is thrilled to have a passionate water sports enthusiast with extensive background in the sport to represent the ...

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 ...

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 ...