Mastercraft Boat Holdings ( (MCFT) ) has released its Q4 earnings. Here is a breakdown of the information Mastercraft Boat Holdings presented to its investors.
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MasterCraft Boat Holdings, Inc., headquartered in Vonore, Tennessee, is a leading designer, manufacturer, and marketer of recreational powerboats, operating primarily through its MasterCraft and Pontoon segments.
In its fiscal 2025 earnings report, MasterCraft Boat Holdings, Inc. announced a mixed performance with notable growth in the fourth quarter but a decline in full-year sales. The company highlighted its strategic focus on dealer health and product innovation amidst challenging economic conditions.
For the fourth quarter, net sales increased by 46.4% to $79.5 million, driven by new product introductions and increased unit volumes. The company reported an adjusted net income of $6.6 million and an adjusted EBITDA of $9.5 million, reflecting significant improvements from the previous year. However, for the full year, net sales decreased by 11.8% to $284.2 million due to planned production decreases, resulting in lower dealer inventory levels. Despite this, the company generated $29 million in free cash flow and ended the year with a strong cash position and no outstanding debt.
Looking ahead, MasterCraft Boat Holdings, Inc. remains optimistic about fiscal 2026, expecting net sales between $295 million and $310 million. The company plans to continue its investments in innovation and dealer health, leveraging its strong financial foundation to navigate potential market fluctuations. Management anticipates generating positive free cash flow and maintaining a healthy dealer network as key priorities moving forward.