Corrected: Malibu Boats Q4 sales beat on Saxdor acquisition, favorable product mix (August 27)

Malibu Boats

27/08/2026 12:10

Corrects adjusted EPS and adjusted EBITDA figures in Key Details table after company issues corrected release from August 27

Overview
U.S. recreational powerboat maker's Q4 sales rose 42.7%, beating analyst expectations
Adjusted EPS for Q4 beat consensus, driven by Saxdor acquisition and favorable model mix
Company authorized new $70 mln share repurchase program for fiscal 2027

Outlook
Malibu Boats expects fiscal 2027 net sales of $1.08 bln to $1.12 bln
Company sees fiscal 2027 Adjusted EBITDA between $101 mln and $109 mln
Company says macro disruptions continue to pressure payment buyers, posing a near-term headwind

Result Drivers
SAXDOR ACQUISITION - Q4 net sales growth was driven primarily by revenue and unit volume from newly acquired Saxdor segment
FAVORABLE MODEL MIX AND PRICE INCREASES - Higher net sales per unit across segments attributed to model mix and price increases
INCREASED UNIT VOLUMES IN COBALT AND SALTWATER SEGMENTS - Growth in these segments contributed to overall unit volume increase

Company press release: ID:nGNX6Cd6Wx

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$295.50 mln
$263.89 mln (10 Analysts)
Q4 Adjusted EPS
Beat
$0.82
$0.76 (9 Analysts)
Q4 Net Income
 
$7.40 mln
 
Q4 Adjusted EBITDA
Beat
$31.4 mln
$29.78 mln (10 Analysts)
Q4 Gross Profit
 
$52.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the recreational products peer group is "buy"
Wall Street's median 12-month price target for Malibu Boats Inc is $35.00, about 31.4% above its August 26 closing price of $26.64
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)