Mastercraft Boat Reports Strong Fiscal 2026 Results Despite Acquisition-Related Challenges
MasterCraft Boat Holdings (NASDAQ:MCFT) reported a significant increase in fiscal 2026 sales and adjusted profitability, driven by strong demand for premium models and the initial contribution from newly acquired brands Chaparral and Robalo. Including six weeks of ownership, total company net sales rose to $348.9 million, up 22.8% year-over-year, with consolidated adjusted EBITDA increasing 87.1% to $45.6 million. However, the acquisition impacted reported earnings due to purchase-accounting effects and a non-cash impairment charge of $10.1 million in the Leisure segment, resulting in a GAAP loss for the fourth quarter. Management expects retail demand to decline by 5%-10% over the next six months, particularly affecting entry-level categories. For the transition period ending December, MasterCraft forecasts sales between $287 million and $291 million with adjusted EBITDA of $29 million–$32 million. The company ended fiscal 2026 with $43.9 million in cash and no debt.
Tickers: $MCFT
Topics: acquisition impact adjusted EBITDA growth boat manufacturing retail demand outlook