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Tag Archives: MasterCraft

MasterCraft reports net sales gain in 4Q, full-year results

MasterCraft has announced financial results for its fiscal 2017 fourth quarter and full year ended June 30, 2017, reporting gains in net sales and reduced dealer pipeline inventory. Net sales for the fourth quarter increased to $58.3 million, up 9.3 percent from $53.4 million in the prior-year period. Net sales for the fiscal year rose to $228.6 million, up 3.2 ...

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MasterCraft announces 2018 model year refinements to XStar

MasterCraft Boat Company has redesigned its XStar wake boat for the 2018 model year. The latest iteration of the XStar features a wake-specific hull design that can be equipped with 4,100 pounds of ballast and a midship tank that is designed to enhance wake and improves wakesurfing performance. The XStar was built with a new custom rudder design and can ...

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MasterCraft to webcast fiscal 2017 Q4 earnings

MasterCraft will host a live webcast of its fiscal 2017 fourth quarter conference call on Thursday, Sept. 7, at 5 p.m. ET. Terry McNew, president and chief executive officer, and Tim Oxley, chief financial officer, will discuss the company’s results for its fiscal fourth quarter ended June 30, 2017, and its financial outlook for fiscal 2018. The company will issue a post-market earnings release prior to ...

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Malibu Boats obtains patent reexamination certificate for Surf Gate

Malibu Boats, LLC, a subsidiary of Malibu Boats, Inc. (NASDAQ: MBUU), announced a favorable ruling from the U.S. Patent and Trademark Office regarding Malibu's US Patent No. 9,260,161 related to wakesurfing systems. The USPTO recently issued a Notice of Intent to Issue Ex Parte Reexamination Certificate for the patent without amendment to the original claims. MasterCraft Boat Company requested that the PTO re-examine the ...

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MasterCraft reports fiscal 2017 Q3 results

MasterCraft (NASDAQ:MCFT) announced financial results for its fiscal 2017 third quarter ended April 2, 2017. Highlights: Net sales for the third quarter increased to $58.5 million, up 2.6 percent from $57.0 million in the prior-year period, while net sales year-to-date rose to $170.3 million, up 1.2 percent from $168.2 million in the prior-year period. Gross margin declined 230 basis points to ...

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Malibu, MasterCraft settle lawsuit

Malibu Boats, LLC, and MasterCraft Boat Company, LLC, have settled the patent infringement cases brought by Malibu against MasterCraft, the companies announced late Tuesday. Under the terms of the settlement, MasterCraft will make a one-time payment to Malibu Boats and will enter into a license agreement for the payment of future royalties for boats sold by MasterCraft using the licensed technology. ...

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MasterCraft to webcast Fiscal 2017 Q3 earnings conference call May 11

MasterCraft (NASDAQ:MCFT) will host a live webcast of its fiscal 2017 third-quarter conference call on Thursday, May 11, at 5 p.m. ET. Terry McNew, president and chief executive officer, and Tim Oxley, chief financial officer, will discuss the company’s results for its fiscal third quarter ended Apr. 2, and its financial outlook for fiscal 2017. The company will issue a post-market earnings release prior to the ...

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Boot 2017: Water sports take center stage

It's been another packed day here at Boot Dusseldorf. The halls were even busier today (Sunday) than yesterday as it seems to be the family day here at the show -- lots of people with kids today. That's always good news. Just like back home in the States, Europe is facing the same problem of getting younger people into boating. ...

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MasterCraft to webcast fiscal 2017 Q2 earnings Feb. 9

MasterCraft (NASDAQ:MCFT) will host a live webcast of its fiscal 2017 second quarter conference call on Thursday, Feb. 9, 2017, at 5:00 p.m. ET. Terry McNew, president and chief executive officer, and Tim Oxley, chief financial officer, will discuss the company’s results for its fiscal second quarter ended Jan. 1, 2017, and its financial outlook for fiscal 2017. The company will issue a post-market earnings release ...

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