Overview
MasterCraft Boat fiscal Q4 net sales rise 46.4%, beating analyst expectations
Adjusted EPS for fiscal Q4 beats estimates, reaching $0.40 per share
Co repurchased $4.5 mln worth of shares during the quarter
Outlook
Company expects fiscal 2026 net sales between $295 mln and $310 mln
MasterCraft anticipates fiscal 2026 adjusted EBITDA between $29 mln and $34 mln
Company projects fiscal 2026 adjusted EPS between $1.15 and $1.40
MasterCraft plans fiscal 2026 capital expenditures of approximately $9 mln
Result Drivers
MODEL MIX - Favorable model mix from new product introductions contributed to increased net sales
UNIT VOLUMES - Increased unit volumes drove higher sales in Q4
DEALER INCENTIVES - Decreased dealer incentives supported sales growth
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$79.50 mln
$70.20 mln (5 Analysts)
Q4 Adjusted EPS
Beat
$0.4
$0.18 (5 Analysts)
Q4 Adjusted Net Income
Beat
$6.60 mln
$3.03 mln (3 Analysts)
Q4 Adjusted EBITDA
Beat
$9.50 mln
$5.21 mln (5 Analysts)
Q4 Adjusted EBITDA Margin
12.0%
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "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 Mastercraft Boat Holdings Inc is $18.50, about 13% below its August 26 closing price of $20.90
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nGNX76wZD9
(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.)