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Stock impact report

MasterCraft Boat Holdings, Inc. Reports Fiscal 2025 First Quarter Results

MasterCraft Boat Holdings, Inc. (MCFT) 
Last mastercraft boat holdings, inc. earnings: 2/5 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.mastercraft.com/node/5806
Company Research Source: GlobeNewswire
VONORE, Tenn., Nov. 06, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2025 first quarter ended September 29, 2024. The overview, commentary, and results provided herein relate to our continuing operations, which exclude our former Aviara segment. Overview: Net sales for the first quarter were $65.4 million, down $28.9 million, or 30.7%, from the prior-year periodIncome from continuing operations was $1.0 million, or $0.06 per diluted shareAdjusted Net Income, a non-GAAP measure, was $1.9 million, or $0.12 per diluted shareAdjusted EBITDA, a non-GAAP measure, was $3.8 million, down $10.2 million from the prior-year periodShare repurchases of $3.5 million during the quarter Brad Nelson, Chief Executive Officer, commented, “Our business executed well during the first quarter as we delivered results above expectations despite facing a backdrop of continued economic and industry headwinds. Our strong quarter w Show less Read more
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