Tag Archives: MasterCraft

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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MasterCraft introduces XT21 crossover

MasterCraft Boat Company has introduced the new XT21, a mid-sized multi-purpose crossover boat. The third addition to MasterCraft’s XT crossover boat line, the 21-foot XT21 replaces the company’s X10 crossover. Positioned between the new 23-foot XT23 and 20-foot XT20, the XT21 is a middleweight crossover boat designed to be easy to transport and operate and can accommodate a crew of ...

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MCBC Holdings, Inc. appoints TJ Chung to board of directors

MCBC Holdings, Inc. (NASDAQ:MCFT) announced that Tzau-Jin (TJ) Chung has been appointed to the company’s board of directors as an independent director, effective Dec. 21, 2016. Chung will also serve on the Compensation Committee. In May 2016, Mr. Chung retired as president of Teletrac Navman, a commercial fleet and asset management solutions and a Danaher Operating company. Chung was previously ...

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MasterCraft launches lifestyle website

MasterCraft on Wednesday introduced its dedicated online lifestyle portal, The Craft. The site (craftlife.com) creates a lifestyle connection through shopping, stories, personalities, products and ultimately the fun of boating, the company said. “The Craft reflects our customers’ experiences both on and beyond the boat,” said Jay Povlin, MasterCraft vice president of sales and marketing. “Our customers are active people who ...

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