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MasterCraft Boat Holdings Inc (MCFT)
NASDAQ:MCFT
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.37Last Year’s EPS
0.3Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mostly positive operational and financial picture: strong Q2 revenue growth (+13.2%), meaningful margin expansion (+≈480 bps adjusted EBITDA margin), improved liquidity and a raised full-year guidance. Management emphasized product momentum and dealer engagement while announcing a strategic, scale-building acquisition expected to be accretive and to deliver near-term cost savings (~$6M) and longer-term synergies. Key near-term concerns include elevated operating costs tied to ERP and transaction activities, continued uncertainty in end-market retail demand (company still modeling retail down 5%–10%), and execution risks around realizing broader synergies and market-by-market dealer expansion. On balance, the highlights (growth, margin improvement, raised guidance, no debt and strategic M&A) outweigh the lowlights, though integration and demand execution will be important to monitor.Company Guidance
Quarterly Revenue and Profit Growth
Q2 net sales of $71.8M, up $8.4M or 13.2% year-over-year; adjusted net income $4.7M ($0.29/diluted share) vs $1.7M ($0.10) prior year.
Strong Margin Expansion
Adjusted EBITDA rose to $7.5M from $3.5M a year ago; adjusted EBITDA margin improved to 10.4% from 5.6% (≈+480 bps). Gross margin improved to 21.6%, up ≈440 basis points year-over-year.
Raised Full-Year Guidance
Updated fiscal 2026 guidance: consolidated net sales now expected $300M–$310M, adjusted EBITDA $36M–$39M, adjusted EPS $1.45–$1.60; capital expenditures expected ≈$9M for the year.
Strong Balance Sheet and Liquidity
Entered the quarter with $81.4M of cash and short-term investments and no debt. Pro forma at close of the announced transaction expected to maintain no debt with ~$40M–$60M cash and ~$115M–$135M liquidity.
Strategic Combination with Marine Products Corporation
Definitive agreement announced to combine with Marine Products (Chaparral and Robalo): implied transaction value ~$232.2M (~7.2x expected EBITDA), consideration of 0.232 MasterCraft shares + $2.43 cash per Marine Products share, pro forma ownership MasterCraft ~66.5% / Marine Products ~33.5%. Transaction expected to be accretive to adjusted EPS in FY2027.
Expected Near-Term Cost Synergies
Identified approximately $6M in annual run-rate savings from elimination of public company costs and corporate overhead; additional sourcing, manufacturing and innovation synergies highlighted as opportunity areas.
Expanded Distribution, Portfolio and Manufacturing Scale
Combined company will represent 5 brands, ~65 models (16–36 ft) and more than 500 dealers globally, with nearly 2 million sq ft of production capacity across Tennessee, Michigan and Georgia—broadening market reach and dealer coverage.
Product Momentum and Dealer/Consumer Engagement
Positive early boat show engagement (Salt Lake City, Atlanta, Toronto, Cincinnati, Kansas City) and product lineup momentum driven by redesigned X24 and Xstar, new X22, and Belize's new Halo model—expected to improve mix and support back-half performance.
MCFT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MCFT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $23.12 | $24.61 | +6.44% |
Nov 06, 2025 | $21.46 | $20.23 | -5.73% |
Aug 27, 2025 | $20.90 | $22.90 | +9.57% |
May 07, 2025 | $15.78 | $17.64 | +11.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does MasterCraft Boat Holdings Inc (MCFT) report earnings?
MasterCraft Boat Holdings Inc (MCFT) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is MasterCraft Boat Holdings Inc (MCFT) earnings time?
MasterCraft Boat Holdings Inc (MCFT) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MCFT EPS forecast?
MCFT EPS forecast for the fiscal quarter 2026 (Q3) is 0.37.