NASDAQ$MCFT

MasterCraft Boat Holdings Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Reported first quarter results for fiscal year 2025.

MasterCraft Boat Holdings reported net sales of $65.4 million, a decrease of 30.7% compared to the prior-year period. Income from continuing operations was $1.0 million, or $0.06 per diluted share, while adjusted net income was $1.9 million, or $0.12 per diluted share.

  • Net sales for the first quarter were $65.4 million, down 30.7% from the prior-year period.
  • Income from continuing operations was $1.0 million, or $0.06 per diluted share.
  • Adjusted Net Income was $1.9 million, or $0.12 per diluted share.
  • Share repurchases totaled $3.5 million during the quarter.

Headline financials

Total Revenue

$65.4M

Previous: $104M-37.3%
EPS (adj)

$0.12

Previous: $0.47-74.5%
Capital Expenditures

-$3.08M

Previous: -$4.4M+30.0%
Free Cash Flow

$199K

Previous: $1.8M-88.9%
Net Income

$1.02M

Previous: $6.2M-83.6%
Operating Income

$1M

Previous: $8.55M-88.3%
Gross Profit

$11.8M

Previous: $21.8M-46.0%
Stock-Based Comp

$430K

Previous: $910K-52.7%

Revenue & EPS history

MasterCraft · Revenue · Quarterly

$65.4M

Q1 2025-37.3%vs Q1 2024
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Revenue by segment

MasterCraft · $75.8M total across 1 segment · Q1 2024

  • MasterCraft
    $75.8M-32.9%

Forward guidance

The Company’s outlook is as follows: •For full year fiscal 2025, we now expect consolidated net sales to be between $270 million and $300 million, with Adjusted EBITDA between $17 million and $26 million, and Adjusted Earnings per share of between $0.55 and $0.95. Capital expenditures are projected to be approximately $12 million for the full year. For full year fiscal 2025, we now expect consolidated net sales to be between $270 million and $300 million, with Adjusted EBITDA between $17 million and $26 million, and Adjusted Earnings per share of between $0.55 and $0.95. Capital expenditures are projected to be approximately $12 million for the full year. •For fiscal second quarter 2025, consolidated net sales are expected to be approximately $60 million, with Adjusted EBITDA of approximately $1.0 million, and Adjusted Loss per share of approximately ($0.01).

Tailwinds

  • Consolidated net sales to be between $270 million and $300 million.
  • Adjusted EBITDA between $17 million and $26 million.
  • Adjusted Earnings per share of between $0.55 and $0.95.
  • Capital expenditures are projected to be approximately $12 million for the full year.
  • Consolidated net sales are expected to be approximately $60 million for fiscal second quarter 2025.

Headwinds

  • Adjusted EBITDA of approximately $1.0 million for fiscal second quarter 2025.
  • Adjusted Loss per share of approximately ($0.01) for fiscal second quarter 2025.
  • Lower unit volumes
  • Unfavorable model mix
  • Lower margins were the result of lower cost absorption due to planned decreased production volume and higher dealer incentives as a percentage of net sales.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.8%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+1.4%

Avg return

30 days after

65%

30 / 46 earnings

Positive

+28.5%

Q1 2025

Best reaction

-20.5%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+1.5%+3.1%-9.0%
Q2 2026+6.4%+4.5%-14.7%
Q1 2026+6.7%-10.7%-15.6%
Q4 2025+10.2%+5.0%+4.4%
Q3 2025+11.6%+12.5%+13.1%
Q1 2025+28.5%+24.1%+15.0%
Q3 2024+0.8%+4.4%+2.8%
Q2 2024+5.0%+14.6%+5.3%
Q1 2024-5.9%-8.6%-2.0%
Q4 2023-12.8%-8.3%-11.0%
Q3 2023-4.0%-2.3%+4.0%
Q2 2023+5.8%+7.2%+4.0%
Q1 2023+9.5%+9.2%+13.7%
Q4 2022-10.9%-8.9%-17.4%
Q3 2022-5.0%-3.9%-6.1%
Q2 2022+3.0%+10.2%+1.6%
Q1 2022+1.6%+3.4%-3.5%
Q4 2021+1.4%-2.5%-1.7%
Q3 2021+11.2%+12.2%-10.6%
Q2 2021-3.1%-5.9%+7.8%
Q1 2021+4.1%+7.1%+4.6%
Q4 2020-20.3%-25.6%-11.0%
Q3 2020+4.2%+12.6%+72.2%
Q2 2020+11.7%+9.1%-14.0%
Q1 2020+7.7%+4.8%-2.8%
Q4 2019-20.5%-18.7%-21.8%
Q3 2019+2.7%+1.8%-16.5%
Q2 2019-9.7%-8.2%-5.3%
Q1 2019-15.4%-14.5%-30.8%
Q4 2018+23.2%+32.4%+21.7%
Q3 2018+8.7%+12.6%+18.4%
Q2 2018+15.7%+6.8%+16.1%
Q1 2018-4.4%-0.7%+3.6%
Q4 2017+1.2%+2.5%+24.6%
Q3 2017+7.1%+5.5%+5.7%
Q2 2017+0.3%+3.7%+9.1%
Q1 2017+9.5%+7.7%+18.8%
Q4 2014-6.7%-14.9%-8.3%
Q4 2016-8.5%-14.0%-9.4%
Q3 2015+7.0%
Q3 2016+5.4%
Q2 2015-2.4%
Q2 2016-2.3%
Q1 2015+5.8%
Q1 2016+3.2%
Q4 2015-7.8%
Q3 2014
Q2 2014
Q1 2014

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