MasterCraft Boat Q1 sales beat estimates on higher prices

Mastercraft Boat Holdings

06/11/2025 12:39

Overview

MasterCraft fiscal Q1 net sales rise 5.6% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q1 beats consensus, reflecting strong cost control

Company repurchased $2.3 mln in shares during the quarter

Outlook

MasterCraft expects full-year fiscal 2026 net sales between $295 mln and $310 mln

Company anticipates fiscal 2026 adjusted EBITDA between $30 mln and $35 mln

MasterCraft projects fiscal Q2 2026 net sales of approximately $69 mln

Result Drivers

SALES GROWTH - Higher prices, increased unit volumes, favorable option sales, and reduced dealer incentives drove net sales increase

GROSS MARGIN IMPROVEMENT - Gross margin rose 420 basis points due to increased net sales and effective cost controls

BRAND MOMENTUM - Launch of new MasterCraft X24 model boosted dealer sentiment and brand momentum

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$69 mln
$67.18 mln (6 Analysts)
Q1 Adjusted EPS
Beat
$0.28
$0.16 (6 Analysts)
Q1 Adjusted Net Income
Beat
$4.50 mln
$2.40 mln (3 Analysts)
Q1 Adjusted EBITDA
Beat
$6.70 mln
$4.31 mln (6 Analysts)
Q1 Adjusted EBITDA Margin
9.70%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "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 $23.00, about 6.7% above its November 5 closing price of $21.46

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNXbFqXYL

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