MasterCraft Boat Holdings Inc. Reports Fiscal 2025 Third Quarter Results

VONORE, Tenn., May 7, 2025 (GLOBE NEWSWIRE) – MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) announced its financial results for the fiscal 2025 third quarter ended March 30, 2025. The results reflect the company’s continuing operations, excluding its former Aviara segment.

Financial Highlights

  • Net Sales: The company reported net sales of $76.0 million for the third quarter, marking a decrease of $8.0 million, or 9.5%, compared to the same period in the previous year.
  • Non-GAAP EPS: MasterCraft reported a non-GAAP earnings per share (EPS) of $0.30, surpassing expectations by $0.12.
  • Revenue: The revenue of $76 million exceeded forecasts by $1.15 million.

Despite the decline in net sales, MasterCraft managed to exceed earnings expectations, demonstrating resilience amid challenging market conditions.

Guidance Revision

In light of the current macroeconomic environment, MasterCraft revised its fiscal 2025 guidance. The company now anticipates total revenue of $275 million and an EPS of $0.71. This adjustment reflects the company’s strategic response to prevailing market challenges.

Market Reaction

The stock closed at $16.15 on May 4, 2025, with a 52-week range between $14.385 and $23. The company’s market capitalization stands at approximately $283.45 million, and it has a price-to-earnings ratio of 58.71.

Industry Context

MasterCraft Boat Holdings, Inc., a holding company based in Vonore, United States, specializes in the design, manufacturing, and marketing of recreational powerboats. The company also leases a parts warehouse and serves a global customer base. It is listed on the Nasdaq stock exchange and was initially public since its IPO on July 17, 2015.

Conclusion

MasterCraft’s ability to surpass earnings expectations despite a decline in sales highlights its strategic adaptability. The revised guidance reflects a cautious yet optimistic outlook for the remainder of the fiscal year, as the company navigates through macroeconomic challenges.