MasterCraft Boat Holdings, Inc. Reports Fiscal 2024 Results
MasterCraft Boat Holdings, Inc. (MCFT)
Last mastercraft boat holdings, inc. earnings: 2/5 07:30 am
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US:NASDAQ Investor Relations:
investors.mastercraft.com/node/5806
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Source: GlobeNewswire
VONORE, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 fourth quarter and year ended June 30, 2024. Subsequent to June 30, 2024, we agreed to transfer rights to our Aviara brand of luxury dayboats and related assets to a third party. The transaction is subject to customary closing conditions, and is expected to close in the first quarter of fiscal 2025. We intend to classify Aviara as discontinued operations beginning in the first quarter of fiscal 2025. The overview, commentary, and results provided herein relate to our continuing operations. Fourth Quarter Overview: Net sales for the fourth quarter were $67.2 million, down 59.7% from the prior-year periodNon-cash impairment charges of $9.8 million related to our Aviara segmentNet loss from continuing operations was ($8.1) million, or ($0.49) per diluted shareDiluted Adjusted Net Income (Loss) per share, a non-GAAP measure, wa
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News
- MasterCraft Boat Holdings' (NASDAQ:MCFT) Conservative Accounting Might Explain Soft Earnings [Yahoo! Finance]Yahoo! Finance
- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) had its price target raised by analysts at DA Davidson from $17.00 to $23.00. They now have a "neutral" rating on the stock.MarketBeat
- MasterCraft Boat Holdings First Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) had its price target raised by analysts at B. Riley from $14.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) had its price target raised by analysts at Truist Financial Co. from $15.00 to $22.00. They now have a "hold" rating on the stock.MarketBeat
MCFT
Earnings
- 11/6/24 - Beat
MCFT
Sec Filings
- 11/15/24 - Form 4
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- MCFT's page on the SEC website