MasterCraft Reports Q4 Revenue Growth, Shares Rise in Premarket Trading
MasterCraft Boat Holdings Inc. (NASDAQ:MCFT) reported fourth-quarter revenue of $129.9 million, a 63% increase year over year and above analyst estimates. Adjusted earnings per share were also higher than expected at $0.67 versus the consensus estimate of $0.64. Despite reporting a GAAP loss from continuing operations due to impairment charges and acquisition-related expenses, adjusted EBITDA rose significantly to $20.5 million with an improved margin of 15.8%. The company's fiscal year revenue increased by 23% to $348.9 million. The strong performance was attributed in part to the May 2026 merger with Marine Products Corporation, which contributed $33.3 million in additional sales during Q4. CEO Brad Nelson highlighted that results outperformed expectations despite a challenging retail environment. MasterCraft also provided an outlook for its six-month transition period ending December 31, 2026, forecasting net sales between $287 million and $291 million with adjusted earnings per share of $0.66 to $0.76. In response to the results, MasterCraft shares rose by 6.49% in premarket trading.
Tickers: $MCFT
Topics: adjusted_earnings_per_share revenue stock_price_movement