MasterCraft Boat Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2023
August 30, 2023 at 07:41 am
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MasterCraft Boat Holdings, Inc. reported earnings results for the fourth quarter and full year ended June 30, 2023. For the fourth quarter, the company reported sales was USD 166.57 million compared to USD 197.22 million a year ago. Net income was USD 22.68 million compared to USD 11.49 million a year ago. Basic earnings per share from continuing operations was USD 1.33 compared to USD 1.87 a year ago. Diluted earnings per share from continuing operations was USD 1.32 compared to USD 1.85 a year ago. Basic earnings per share was USD 1.31 compared to USD 0.64 a year ago. Diluted earnings per share was USD 1.3 compared to USD 0.63 a year ago.
For the full year, sales was USD 662.05 million compared to USD 641.61 million a year ago. Net income was USD 68.94 million compared to USD 58.21 million a year ago. Basic earnings per share from continuing operations was USD 5.13 compared to USD 4.77 a year ago. Diluted earnings per share from continuing operations was USD 5.09 compared to USD 4.72 a year ago. Basic earnings per share was USD 3.91 compared to USD 3.15 a year ago. Diluted earnings per share was USD 3.88 compared to USD 3.12 a year ago.
MasterCraft Boat Holdings, Inc. is a designer, manufacturer and marketer of recreational powerboats through its three brands, MasterCraft, Crest and Aviara. It designs, manufactures and sells premium recreational inboard ski/wake, outboard and sterndrive boats. In addition, it offers various accessories, including trailers and aftermarket parts. The Companyâs segments include MasterCraft, Crest and Aviara. MasterCraft segment consists of its MasterCraft brand, which manufactures premium ski/wake boats. The MasterCraft participates in a category within the powerboat industry by producing the industryâs premier competitive water ski, wakeboarding, and wake surfing performance boats. Crest segment consists of its Crest brand, which manufactures pontoon boats. Aviara segment consists of its Aviara brand, which manufactures luxury day boats. Aviara is a de novo brand, developed in-house, and focused on serving the luxury recreational day boat category of the powerboat industry.
MASTERCRAFT BOAT HOLDINGS, INC. 
